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Job Title: General Manager (Finance)
Industry Type: Automotive
Role & Responsibilities:
– As a General Manager in the automotive industry, your primary responsibility will be to lead the Finance Team.
– You will manage a team of financial professionals, ensuring they work cohesively to achieve the organizations financial objectives.
– This includes overseeing daily operations, managing performance, and fostering team growth to ensure the team is aligned with the overall business strategy.
– You will be tasked with heading the Financial Planning & Analysis (FP&A) function, which involves key financial forecasting, budgeting, and strategic decision support.
– You will also take charge of the Plant Controller functions, overseeing the financial management and reporting for manufacturing plants.
– This will include managing costs, setting financial controls, and ensuring the accuracy and efficiency of plant-related financial data.
– A core aspect of your role will be to focus on product costing and new project costing. You will need to assess the costs associated with developing new products or launching new projects, ensuring financial viability through rigorous costing analysis.
– This will involve collaborating with the operations, engineering, and R&D teams to establish accurate cost models and pricing strategies for new automotive products.
– Another critical responsibility is contributing to strategic planning.
– You will play a significant role in the companys long-term business direction by providing valuable financial insights to the leadership team.
– This includes conducting project viability assessments to evaluate the financial impact and feasibility of new initiatives, as well as guiding the business through budgeting, forecasting, and pricing strategies.
Nature of Experience:
– The ideal candidate should have experience working in a manufacturing organization, with a preference for automotive industry experience.
– It is expected that this experience will be accumulated later in the candidates career, ideally in leadership or strategic roles.
– Experience with complex, large-scale financial operations in the automotive sector will be crucial for the role.
– You will need a solid background in Financial Planning & Analysis (FP&A), which includes a broad range of activities such as budgeting, forecasting, pricing, costing, and project viability assessments.
– This means you should be proficient at analyzing financial data to inform and support business decisions, while also ensuring financial stability and growth.
– Additionally, you must have experience in handling Board meetings and Audit Committees, presenting financial information clearly to top executives, and engaging in high-level discussions around financial performance and strategic direction.
– The role requires a comprehensive understanding of accounting principles, taxation laws, and statutory compliance.
– You should have a deep familiarity with the regulations affecting financial reporting, tax filings, and compliance, ensuring that the company meets all legal obligations and operates with transparency.
Qualification & Experience:
– To qualify for this role, you must hold a professional qualification as a Chartered Accountant (CA), with the qualification obtained in no more than two attempts.
– This ensures a high level of technical competence.
– Additional qualifications such as ACS (Associate Company Secretary) would be considered an advantage, as they would further strengthen your ability to oversee corporate governance and ensure legal compliance.
– You should have at least 15 to 25 years of experience, with substantial exposure to senior management roles.
– This experience should have been accumulated in high-stakes, large-scale financial environments, and you should demonstrate a blend of technical financial expertise and strategic leadership.
Organization Size:
– The role requires experience in organizations with a turnover of at least Rs. 1000 crore.
– You should be accustomed to working within large, complex financial operations and capable of managing the challenges and intricacies of such scale.
Additional Expectations:
– As the General Manager, you will be expected to provide strategic thinking and financial leadership, making high-impact decisions that will steer the companys growth and profitability.
– Leadership capabilities are crucial, as you will oversee a team and directly influence financial policies and operational efficiency at the top levels of the organization.
– Furthermore, integrity and attention to detail are essential to ensure the organization meets all statutory and regulatory obligations while maintaining financial accuracy.