Manager, Factory Accounting, Ballabgarh

The Goodyear Tire & Rubber Company; Faridabad District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

The Goodyear Tire & Rubber Company in India seeks an Assistant Manager – Factory Accounts / Costing to lead factory accounting, costing and financial reporting. You will partner with manufacturing teams to ensure accurate reporting, maintain controls, support audits, and provide cost insights for informed business decisions.

You will handle monthly closes, MIS, product costing in SAP, and compliance with Indian GAAP/IFRS/US GAAP while driving cost improvement and cross-functional collaboration

Qualifications

• Bachelor's degree in Accounting, Finance, Commerce, or related field.
• 5–7 years of experience in manufacturing finance, factory accounting, or cost accounting.
• Strong knowledge of product costing, inventory accounting, manufacturing variances, and financial reporting.
• Experience with ERP systems, preferably SAP.
• Good understanding of Indian GAAP, IFRS, and US GAAP.
• Strong analytical, problem-solving and financial reporting skills.
• Proficient in Microsoft Excel and able to manage complex financial data.
• Excellent communication and cross-functional collaboration abilities.
• Continuous improvement mindset with focus on accuracy, compliance and business value.

Responsibilities

• Manage monthly factory financial close with accurate accounting of manufacturing operations.
• Prepare monthly factory MIS reports including material/conversion costs, waste analysis, WIP valuation, and variance analysis.
• Analyze manufacturing variances and identify drivers.
• Perform production reconciliations, consumption analysis, waste reporting, and month-end closings.
• Prepare reconciliations and strengthen internal controls; support audits.
• Coordinate with auditors with financial info, reconciliations, and schedules.
• Prepare statutory schedules and notes per Indian GAAP; support regulatory compliance.
• Oversee factory payroll provisions, AP/AR activities related to scrap sales, and vendor payments.

Skills

Financial reporting

Cost accounting

Manufacturing finance

Excel proficiency

ERP SAP

Education

Bachelor's degree in Accounting/Finance/Commerce

Tools

SAP

Job description

As an Assistant Manager – Factory Accounts / Costing, you will play a key role in managing factory accounting, product costing, financial reporting, and statutory compliance. You will partner with manufacturing and cross-functional teams to ensure accurate financial reporting, maintain robust financial controls, support audits, and provide meaningful cost insights that enable informed business decisions.

Factory Accounting & Financial Reporting

• Managing the monthly factory financial close by ensuring timely and accurate accounting of manufacturing operations.
• Preparing monthly factory MIS reports, including material cost, conversion cost, waste analysis, work-in-progress valuation, and manufacturing variance analysis.
• Calculating and analyzing manufacturing variances, including material, conversion, inflation, and waste variances, while identifying key business drivers.
• Performing production reconciliations, compound consumption analysis, waste reporting, and other month-end factory closing activities.
• Preparing monthly reconciliations, conducting financial analysis, and strengthening internal financial controls through timely resolution of identified gaps.
• Supporting regional and corporate reporting requirements by delivering accurate and timely financial information.

Product Costing & Schedule Cost Management

• Calculating quarterly Schedule Costs and supporting V-Price releases.
• Maintaining accurate product cost master data and Bills of Material (BOM) within SAP.
• Preparing cost estimates for new product developments and supporting cross-functional stakeholders with timely costing information.
• Monitoring product costing trends and identifying opportunities to improve cost efficiency and data accuracy.
  Ensuring the integrity and accuracy of product costing information maintained within SAP.

Audit, Compliance & Financial Governance

• Preparing schedules, reports, and supporting documentation for Cost Audit, Statutory Audit, and Internal Audit.
• Coordinating with auditors by providing financial information, reconciliations, schedules, and explanations during audit activities.
• Preparing statutory schedules, financial notes, and supporting documentation in accordance with Indian GAAP requirements.
• Supporting Board reporting requirements and ensuring compliance with statutory and regulatory obligations.
• Driving timely closure of audit observations and strengthening compliance processes.

Factory Finance Operations

• Managing job work accounting, including schedule cost calculations and raw material reconciliations.
• Handling scrap sales accounting, billing, customer reconciliations, TCS reporting, and related statutory compliance.
• Supporting payroll accounting by preparing provisions and assisting in processing wages for regular employees, trainees, apprentices, and casual associates.
• Managing factory-related Accounts Payable activities, including payments to labor contractors, retainers, statutory authorities, and other factory vendors.
• Supporting factory Accounts Receivable activities related to scrap sales and customer account reconciliations.
• Coordinating physical verification and valuation of raw materials, work-in-progress, finished goods, and inventories held at factories, converters, and other storage locations.
• Preparing statistical reports and financial information for submission to government authorities and regulatory bodies.

Business Partnership & Continuous Improvement

• Partnering with manufacturing and cross-functional teams by providing timely financial information and cost insights to support business decisions.
• Actively participating in local, regional, and global finance initiatives and special projects.
• Driving continuous improvements in finance processes, systems, reporting, and internal controls to enhance operational efficiency.
  Supporting automation and standardization initiatives to improve the effectiveness of factory finance operations.

Education and Experience:

• You hold a Bachelor’s degree in Accounting, Finance, Commerce, or a related field.
• You bring 5–7 years of experience in manufacturing finance, factory accounting, or cost accounting.
• You possess strong knowledge of product costing, inventory accounting, manufacturing variances, and financial reporting.
• You have experience working with ERP systems, preferably SAP.
• You have a good understanding of Indian GAAP, IFRS, and US GAAP.
• You demonstrate strong analytical, problem-solving, and financial reporting skills.
• You are proficient in Microsoft Excel and can manage complex financial data effectively.
• You communicate effectively and collaborate seamlessly with cross-functional stakeholders.
• You have a continuous improvement mindset with a strong focus on accuracy, compliance, and business value.

#LI-PS1

Goodyear is one of the world’s largest tire companies. It employs about 63,000 people and manufactures its products in 48 facilities in 19 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the‑art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate

Goodyear is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to any characteristic protected by law.