Finance & Accounts - Section Incharge (Accounts & MIS)

JSW Steel; Ballari District; On-site; INR 3,000,000 - 6,000,000; Full time

Job summary

JSW JFE Electrical Steel Private Limited seeks a Senior Manager – Finance & Accounts to lead day-to-day finance operations, reporting and MIS. You will coordinate with the JV partner and internal stakeholders to ensure governance, budgeting and timely financial information.

The role requires CA/ICWA/CMA with 10–15 years of experience in financial reporting, audits and compliance within a manufacturing or JV setting. SAP experience is preferred and strong analytical skills are essential.

Qualifications

• Qualified Chartered Accountant (CA) or Cost Accountant (ICWA/CMA).
• 10–15 years of post-qualification experience in Finance & Accounts, reporting, audit and compliance.
• Strong knowledge of Ind AS, Schedule III, statutory and internal audits, controls.
• Experience in budgeting, financial modelling, MIS and Capex monitoring.
• Working knowledge of SAP and financial reporting systems preferred.
• Manufacturing or JV experience is an advantage.

Responsibilities

• Oversee monthly, quarterly and annual financial closing and reporting.
• Prepare and review financial statements per Ind AS and Schedule III.
• Ensure MIS, financial analysis and management reporting.
• Coordinate with JV partner JFE and internal stakeholders for reporting.
• Support impairment testing, modelling and ABP preparation.
• Prepare standalone and consolidated statements for JSW Steel consolidation.

Skills

Financial reporting

Audit management

Budgeting

Stakeholder management

Team management

Governance

Education

CA/ICWA/CMA

Tools

SAP

Job description

JOB DESCRIPTIONSenior Manager – Finance & Accounts

Company: JSW JFE Electrical Steel Private Limited

Division: Joint Venture between JSW Steel and JFE

Location: Vijayanagar

Reporting To: CFO / GM – Finance & Accounts

Position Status: New Position

Number of Positions: 1

Hiring Priority: Urgent / Immediate

• Purpose of the Role The Senior Manager – Finance & Accounts will oversee day-to-day Finance & Accounts operations, financial reporting, Management Information Systems (MIS), statutory and internal audits, and compliance with applicable accounting standards and regulatory requirements. The role will ensure accurate and timely preparation of financial statements in accordance with Indian Accounting Standards (Ind AS) and Schedule III, strengthen internal financial controls, and support management decision-making through financial analysis and reporting.

The position will also coordinate with the JV partner, JFE, and internal and external stakeholders to ensure effective financial governance, audit readiness, budgetary control, and timely submission of financial information.

Key Result Areas and Responsibilities KRA 1: Financial Reporting, Accounting and MIS

• Oversee monthly, quarterly, and annual financial closing and reporting activities.
• Prepare and review financial statements in accordance with Ind AS and Schedule III requirements.
• Ensure timely preparation of MIS reports, financial analysis, and management reporting.
• Coordinate with JFE and relevant internal stakeholders for financial information, reporting, and reconciliation.
• Support impairment testing, financial modelling, and Annual Business Plan (ABP) preparation.
• Prepare and submit standalone and consolidated financial statements to JSW Steel for consolidation, as applicable.

KRA 2: Statutory Audits, Internal Audits and Compliance

• Coordinate statutory, quarterly, internal, tax, and other applicable audits.
• Facilitate the timely completion of audits by reviewing supporting documentation and responding to auditor queries.
• Monitor Internal Financial Controls over Financial Reporting (ICFR) and support the strengthening of internal controls.
• Ensure timely submission of audited financial results and other required financial information.
• Coordinate with tax, legal, secretarial, and other relevant teams to ensure compliance with applicable statutory and regulatory requirements.

KRA 3: Budgetary Control and Financial Planning

• Monitor and control capital expenditure (Capex) against approved budgets.
• Analyse budget variances and provide insights to management for corrective action.
• Support the preparation and review of the Annual Business Plan (ABP) and financial models.
• Track project-related expenditure and support financial monitoring of the Greenfield manufacturing facility.
• Contribute to the implementation and optimisation of SAP and related financial processes.

KRA 4: Corporate Governance, Board Reporting and JV Coordination

• Prepare related-party transaction (RPT) information, results-page inputs, and financial data required for Board meetings.
• Coordinate with the Secretarial and Legal teams for Board agenda items, minutes, disclosures, and applicable compliance requirements.
• Ensure timely sharing of financial reports and information with JSW Steel and JFE.
• Support corporate governance requirements and address finance-related legal and regulatory matters, wherever applicable.

3. Reporting Structure and Key Interfaces

Reports to: CFO / GM – Finance & Accounts

Peer Positions

• Manager – Treasury
• Manager – FP&A / Controlling
• Manager – Tax

Positions Reporting To The Role

• Executive / Manager – Finance & Accounts

4. Educational Qualifications and Experience

• Qualified Chartered Accountant (CA) or Cost Accountant (ICWA/CMA).
• 10–15 years of relevant post-qualification or professional experience in Finance & Accounts, financial reporting, audit, and compliance.
• Strong knowledge of Ind AS, Schedule III, statutory and internal audits, financial controls, and regulatory reporting.
• Experience in budgetary control, financial modelling, MIS, and capital expenditure monitoring.
• Working knowledge of SAP and financial reporting systems is preferred.
• Experience in a manufacturing organisation or a joint venture environment would be an advantage.

5. Key Competencies

• Strong functional knowledge of Finance & Accounts.
• Analytical thinking and financial problem-solving.
• Financial reporting and audit management.
• Planning, budgeting, and cost control.
• Stakeholder management and cross-functional coordination.
• Team management and collaboration.
• Effective written and verbal communication.
• Attention to detail, integrity, and a strong governance orientation.

6. Key Stakeholders

Internal

• Corporate Finance & Accounts team
• Plant and Project teams
• Tax team
• IT team
• Secretarial and Legal teams
• JV partner representatives

External