Manager- Sourcing Finance & FP&A

Wabtec; Pune District; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Wabtec in Pune, India, seeks a finance professional to lead cost accounting, budgeting, forecasting and cost analytics. You will drive standard costing, cost control, and cross-functional cost optimization projects to improve profitability.

The role requires CA/ICWA with several years of accounting/finance experience, strong reporting skills, and familiarity with Oracle, Onestream, PowerBI, Excel and other tools. This position emphasizes collaboration across finance, sourcing and operations.

Qualifications

• CA/ICWA with 3–5 year experience in accounting/finance.
• Strong knowledge of financial reporting and analysis.
• Proficiency with Oracle, Onestream, PowerBI, Excel, PowerPoint and Project.

Responsibilities

• Lead STRAP, budget, forecasts and variance analytics.
• Manage monthly financial close and segment performance.
• Analyze cost drivers: material, logistics, customs.
• Own standard costing for procured components and products.
• Ensure SOX compliance and internal controls.

Skills

Cost accounting

Financial analysis

Cross-functional collaboration

MS Office

Education

CA/ICWA with 3–5 years experience

Bachelor’s/Master’s in accounting/finance

Tools

Oracle

Onestream

PowerBI

Excel

PowerPoint

Project

Job description

Job Description

It’s not just about your career or job title… It’s about who you are and the impact you will make on the world. Because whether it’s for each other or our customers, we put People First. When our people come together, we Expand the Possible and continuously look for ways to improve what we create and how we do it. If you are constantly striving to grow, you’re in good company. We are revolutionizing the way the world moves for future generations, and we want someone who is ready to move with us.

Who are we?

Wabtec Corporation is a leading global provider of equipment, systems, digital solutions, and value-added services for freight and transit rail as well as the mining, marine, and industrial markets. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation, and Faiveley Transport, the company has grown to become One Wabtec, with unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems.

Wabtec is focused on performance that drives progress and unlocks our customers’ potential by delivering innovative and lasting transportation solutions that move and improve the world. We are lifelong learners obsessed with making things better to drive exceptional results. Wabtec has approximately 27K employees in facilities throughout the world. Visit our website to learn more!

Role Summary/Purpose

The major responsibilities include budgeting, forecasting, reporting, analysing product cost and cost drivers on monthly/Quarterly basis. Annual set up of standard cost & maintaining necessary checks and balances in system to publish reports on time with high accuracy.

Responsibilities include overseeing and managing the monthly financial close process, strategic planning, budgeting, and forecasting for the Freight sourcing business.

Candidate will also work very closely with Strategic Sourcing, Fulfilment, logistics, customs, Manufacturing operations to review each component of cost, understand driver for variances and participate in various cost out projects to drive productivity.

The Position demonstrates accountability for functional, business, and broad company objectives and will work closely with the Finance, Strategic sourcing, Manufacturing Operations & fulfilment Leaders in driving sound business analytics, business plans, product costing, and productivity analytics.

• Lead the preparation of STRAP, Annual Budget, Forecasts, and comprehensive variance analytics to support decision-making
• Manage the monthly financial close process, including reporting segment-wise financial performance and providing insightful commentary on deviations from Budget and Forecast.
• Developing accurate and predictable product cost forecasts with a deep understanding for the drivers behind variances (Material, logistics, customs, conversion cost).Keeping an eye on business dynamics which could impact forecast and highlighting potential risks / opportunities.
• Own the standard costing process for procured components, subassemblies, and manufactured products, ensuring robust analytics, periodic reviews, and compliance with SOX requirements
• Provide actionable cost insights and key financial inputs to cross-functional teams to support budgeting, strategic planning, cost optimization initiatives, and informed business decision-making
• Prepare and maintain cost records to comply with cost audit, statutory audit, and internal audits per companies act and group policies.
• Strong cost accounting and manufacturing background as understanding of costs and variances are key to the profitability of the Company.
• Closely working with logistics, Customs & sourcing team to develop tracker for forecasting / cost monitoring and cost outs, managing periodic rhythm with cross functional team and publishing reports to management.
• Ensuring compliance with corporate accounting policies, SOX, and unit specific internal controls. Close working with IT & controllership team for necessary system

Improvements, data hygiene & system automation.

• Closely working with Purchasing, logistics, Customs, Engineering and Manufacturing to understand root cause of all cost variances.
• Provide prompt support to auditors (Internal/External) to ensure timely completion of the audit report.

EDUCATION AND/OR EXPERIENCE:

• CA/ICWA with 3–5-year experience or CA Inter/Bachelor’s/master’s degree in accounting, Finance with five to ten years of relevant experience.
• Strong knowledge of financial reporting and analysis, including proficiency with MS Office and accounting software (e.g., Oracle, Onestream, PowerBI, Excel, PowerPoint, Project)
• Detail oriented with the ability to prioritize and manage multiple projects simultaneously

Our Commitment to Embrace Diversity:

Wabtec is a global company that invests not just in our products, but also our people by embracing diversity and inclusion. We care about our relationships with our employees and take pride in celebrating the variety of experiences, expertise, and backgrounds that bring us together. At Wabtec, we aspire to create a place where we all belong and where diversity is welcomed and appreciated.

To fulfill that commitment, we rely on a culture of leadership, diversity, and inclusion. We aim to employ the world’s brightest minds to help us create a limitless source of ideas and opportunities. We have created a space where everyone is given the opportunity to contribute based on their individual experiences and perspectives and recognize that these differences and diverse perspectives make us better.

We believe in hiring talented people of varied backgrounds, experiences, and styles… People like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.

Additional Information

What could you accomplish in a place that puts People First?

At Wabtec, it’s not just about a job - it’s about the impact you make. When our people come together, we’re Expanding the Possible by continuously improving what we do and how we do it - for our clients and each other.

If you’re ready to revolutionize how the world moves for future generations, Wabtec is the place for you.

Who are we?

Wabtec is a leading global provider of equipment, systems, digital solutions, and value-added services for the freight and transit rail sectors. Drawing on more than 150 years of experience, we are leading the way in safety, efficiency, reliability, innovation, and productivity. Whether it’s freight, transit, ports, logistics, mining, industrial, or marine, our expertise, technologies, and people together – are accelerating the future of transportation. With roots that date back to George Westinghouse, Thomas Edison, and Louis Faiveley, Wabtec has always built technologies and implemented solutions for a variety of sectors that are critical to meeting the needs of customers and governments alike.

Our global team of about 30,000 employees worldwide delivers performance that moves the world forward. We’re lifelong learners, obsessed with better. Learn more at www.WabtecCorp.com.

Culture powers us and the possibilities.

We believe the best ideas come from a mix of experiences and backgrounds. At Wabtec, we strive every day to create a place where everyone belongs. We’re building a culture where leadership, inclusion and your unique perspective fuel progress.

We’re proud to be an Equal Opportunity Employer. We welcome talent of all backgrounds, experiences, and identities, including race, gender, age, disability, veteran status and more.

Need accommodation? Just let us know - we’ve got you.