India - Area Finance Manager

Inchcape Shipping Service; Navi Mumbai; On-site; INR 3,500,000 - 5,500,000; Full time

Benefits offered by this job

Retirement savings plan

Life assurance

Healthcare

Competitive salary

Employee Assistance Programme

Career development and progression

Values Award celebration events

Team building days

Hybrid Working Model (Role Dependant)

Job summary

Inchcape Shipping Services in Navi Mumbai seeks an experienced Finance leader to drive controls, reporting, budgeting and cash flow for the APAC region. The role requires directing a finance team, ensuring IFRS / local GAAP compliance, and partnering with management to optimise capital and mitigate risk.

You will oversee receivables, payables, tax planning, audits, and Capex, while delivering timely management accounts and strategic financial analysis to support business decisions.

Qualifications

• Min 10 years’ experience in finance
• 4–5 years in a managerial capacity
• Strong communication and leadership skills
• Proven track record in financial controls and reporting
• Experience with IFRS and local GAAP

Responsibilities

• Maintain strong financial controls and reporting
• Optimise working capital and cash flow management
• Oversee vendor terms and credit management
• Ensure IFRS / local GAAP compliance and timely financial statements
• Lead budgeting, forecasting and MIS reporting
• Coordinate internal, statutory and government audits
• Review Capex and fixed asset planning
• Manage tax planning and transfer pricing compliance
• Develop and coach the finance team to higher performance
• Mitigate financial risks and oversee insurance and FX exposure

Skills

Financial Management

Leadership

Data analysis

Strategic thinking

Education

CA/CPA/ACCA or equivalent

Tools

ERP systems

Macros/Pivot tables

Excel advanced

Job description

Who are Inchcape

At Inchcape Shipping Services, our vision is to create a connected world where customers can trade successfully and make informed decisions in every port, everywhere. We achieve this by combining our worldwide infrastructure with local expertise, through our global network of more than 250 proprietary offices and a team of over 3,000 dedicated professionals. Our diverse customer base includes owners and charterers in the oil, cruise, container, and bulk commodity sectors, as well as naval, government, and intergovernmental organizations.

We have an ambitious growth model, and a career here is certainly going to be a rewarding one that will allow you to bring your skills & experience. We embrace change and are open to new thinking and pushing for positive change in our industry.

Job Location: Airoli, Navi Mumbai

Contract Type: Permanant

Main Purpose of Job

The position reports directly to the Regional Finance Controller APAC and is responsible for maintaining financial controls and adopting best practices. Deliverables include performing financial analysis, developing financial planning processes, and advising the management on the overall financial operations of the Cluster.

Key Accountabilities

Receivables Management

• maintain favourable working capital by optimising debtor collections
• due diligence for new clients and establishing credit limits

Cash Flow Management

• generation of external and internal funds for business
• maximise interest earnings by investing the surplus funds in time deposits
• management of foreign currency risk and exposure
• forecast cash flow requirements
• manage banking facilities and mandates

Vendor Management

• Credit evaluation - ensure constant review of current vendors terms negotiate better rates and rebates

Financial reporting

• Review of management accounts
• Ensuring compliance with IFRS for Group reporting / local GAAP for financial statements
• timely production of Annual Financial Statements with no adverse opinion or qualification
• submission to Governments, partners and Group management

Financial Analysis

• submit MIS reports to Group as and when required
• optimise spend on legal & professional fees

Budgeting & Forecasting

• effective planning of the budgeting and forecasting exercises
• ensure completion within the deadlines

Audit Management

• coordination of internal, statutory and Government audits
• ensuring expectations are met with no adverse comments

Fixed Assets Management

• review Capex requirements
• plan for investments required for business assets

Risk Management

• ensure adequate insurance covers for possible exposures
• minimize forex loss exposure by adequate planning
• conduct due diligence on new contractual commitments

Team Management

• succession panning
• training and development of staff to improve efficiency

Tax Management

• Responsible for tax planning
• Compliance with transfer pricing regulations
• CbCr reporting requirements
• CT/VAT regulations – compliance and returns filing

Key Deliverables

• The job holder will be responsible for creation, implementation and review of policies and procedures
• Business analysis tracking current and future projects and tracking and monitoring developments and trends in the local market
• This position should involve ensuring QMS standards are adhered to consistently in all operational activities, monitoring operational excellence in Marine Services in order to meet and exceed the expectations of our customers.

Competency Requirements

Core

• Financial Management
• Program and Project management
• Analysis and use of Evidence
• Strategic Thinking
• Ability to build and lead a finance team

Key

• Initiative
• Data Analysis
• Analytical Thinking
• Project Management
• Adaptability and Change

Management

• Business Acumen
• Partnering with Area GM for business development

Knowledge, Experience and Skills

Essential

• Min 10 years’ experience in finance role with at least 4-5 years in managerial capacity
• Proven track record
• Excellent operations ability
• Effective communication skills
• strong people management
• Highly self-motivated

Desirable

• Analytical skills
• Shipping industry experience
• Ability to coach, groom and develop financial skills and talents within the department

Education

Essential

• CA / CPA/ ACCA or equivalent
• ERP experience
• Macros / Pivot tables

Desirable

• Strong customer service skills
• Proven track record in process improvements

Why Inchcape Shipping Services?

We believe in building a diverse and high performing workforce, that works together to provide our customers with the exceptional service they deserve. To reach the highest standards we depend on our people, their welfare, training and expertise. We realise the value of our staff and know that your unique experiences, skills and passions will help you to build a rich and rewarding career in our dynamic industry.

Our values are at the centre of everything we do, and the successful candidate will be expected to demonstrate and fully adopt these:

Global Perspective

we connect the world and see the bigger picture.

The Power of People

we rely on the strength of local agent knowledge and relationships.

Progress

we adopt new thinking and push for positive change in our industry.

In return, we will offer you

A diverse range of benefits, depending on your geographical location. Globally as a minimum you will receive:

• A retirement savings plan
• Life assurance
• Healthcare
• Competitive salary
• Employee Assistance Programme
• Career development and progression opportunities
• Values Award celebration events
• Team building days
• Hybrid Working Model (Role Dependant)

Plus, much more!

Appointment to this role will be subject to satisfactory references and possession of a valid Right to Work documentation depending upon your geographical location.

Inchcape is an Equal Employment Opportunity Employer and equality, diversity and inclusion are at the centre of everything we do. We recognise that our customers, colleagues, contractors and other partners are central to our success and that we work in a diverse society. We acknowledge not only our legal, but also our moral responsibility to ensure all groups have equality of opportunity.