Manager - Finance

Sterlite Power; India; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

Sterlite Electric Limited is seeking a Finance Manager to lead budgeting, financial management, and strategic decision-making for the overhead business units. The role emphasizes manufacturing accounting, budgeting, compliance, and driving profitability and operational efficiency.

You will oversee annual budgets, forecasts, monthly/quarterly/annual reporting, and coordinate audits, ensuring regulatory standards and industry practices are met.

Responsibilities

• Prepare and manage the annual budget and financial forecasts.
• Conduct detailed financial analysis to identify trends, variances, and KPIs.
• Provide recommendations to senior management for cost-saving opportunities and efficiency improvements.
• Assist in the development of long-term financial strategies aligned with company goals.
• Oversee monthly, quarterly, and annual financial reporting to management and stakeholders.
• Ensure all financial reports are accurate, timely, and compliant with regulatory standards and industry practices.
• Manage the preparation of statutory financial statements, including balance sheets, income statements, and cash flow reports.
• Coordinate internal and external audits, ensuring proper compliance with legal and tax regulations.

Job description

Position Title

Manager - Finance

Position Summary

We are seeking a highly skilled and experienced Finance Manager to join our team to lead the three units of overhead business. The ideal candidate will have a strong background in financial management, manufacturing accounting, and budgeting, with the ability to contribute to strategic decision-making processes. Finance Manager will be responsible for overseeing the company's financial activities, ensuring compliance with regulatory requirements, and helping to drive profitability and operational efficiency.

Key Accountabilities / Responsibilities

• Prepare and manage the annual budget and financial forecasts.
• Conduct detailed financial analysis to identify trends, variances, and key performance indicators (KPIs).
• Provide recommendations to senior management for cost-saving opportunities and efficiency improvements.
• Assist in the development of long-term financial strategies aligned with company goals.
• Oversee monthly, quarterly, and annual financial reporting to management and stakeholders.
• Ensure all financial reports are accurate, timely, and compliant with regulatory standards and industry practices.
• Manage the preparation of statutory financial statements, including balance sheets, income statements, and cash flow reports.
• Coordinate internal and external audits, ensuring proper compliance with legal and tax regulations.

Position Demands

Travel as and when required

Competencies

Behavioural - Impact and Influence

Behavioural - Information Seeking

Behavioural - Initiative

Behavioural - Innovative Thinking

Functional - Financial

Functional - Operational

Functional - People

Functional - Strategic

About Us

Sterlite Electric Limited (formerly known as Sterlite Power Transmission Limited) is a manufacturer of capital goods and a provider of system integration solutions, specializing in the power transmission and distribution (Power T&D) industry for both domestic and international markets. Its product portfolio includes a wide range of overhead conductors, power cables, optical ground wire (OPGW), along with the provision of master system integration (MSI) services.

The company supplied products and services to customers in over 70 countries including North America, Latin America, Europe, Africa, the Middle East and Asia from April 1, 2022, to March 31, 2025. It currently operates four manufacturing facilities strategically located across India, positioned near key raw material sources and major transportation hubs, including seaports. Facilities in Jharsuguda (Odisha), Piparia and Rakholi (Dadra and Nagar Haveli) specialize in overhead conductor manufacturing. The Haridwar (Uttarakhand) facility is dedicated to power cables, while the Piparia facility also manufactures OPGW. Sterlite Electric is also in the process of setting up a new power cable manufacturing facility in Vadodara (Gujarat).

For more details, visit: