Assistant Manager - Finance and Accounts

Posted 12 Days Ago
Be an Early Applicant
Poonamalle, DRR Nagar, Tiruvallur, Tamil Nadu
3-5 Years Experience
Other • Automation • Manufacturing
The Role
Develop and maintain financial statements, ensure compliance with financial management obligations, coordinate with auditors and consultants, manage cash flow, handle bookkeeping functions, prepare financial reports, and ensure statutory compliance. Continuous process improvement and dashboard updates for finance processes.
Summary Generated by Built In

Working at Freudenberg: We will wow your world!

Responsibilities:

  • Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles 
  • Ensuring that an efficient financial management system is in place. 
  • Ensure that all stakeholders (management team, board of directors, auditors) receive accurate and timely financial management information 
  • Preparation of Budget 
  • Coordination with the external, internal auditors, consultants, financial institutions etc. 
  • Ensure the Group rules, policies and procedures are being followed.
  • Manage the HQ relationship / coordination with the Finance and Accounts Team. 
  • Ensure that all statutory requirements of the organization are met. 
  • Review monthly results and implement monthly variance reporting. Ensuring the Group Companies reporting requirements as instructed by HQ are met. 
  • Monitoring the KPIs set out periodically. 
  • Manage the cash flow and prepare cash flow forecasts in accordance with policy 
  • Handling, coordinating with the respective teams and carryout the book-keeping function including maintenance of the general ledger, accounts payable, accounts receivable 
  • Consolidation of financial MIS – management accounts
  • Revenue recognition and AR management
  • Prepare all statutory accounts & compliance requirements for the entity 
  • Responsible for administrative services such as taxation strategy, insurance, secretarial and superannuation 
  • Responsible for Direct Tax including Transfer Pricing and Indirect Tax
  • Responsible to liaise with corporate functions (Internal Audit, Tax, Treasury, Compliance, others) to ensure the company conforms to internal controls, policies, statutory and legal regulations 
  • Handles internal and external financial & statutory audits 
  • Provide insights on developing balance sheet /cash flow metrics tracking, spend control 
  • Manage monthly financial management reporting, P&L monthly results & variance analysis/KPI metrics and other insightful analysis. Provides accurate reporting at cost center and functional level 
  • Continuous process improvement - design and implement dashboard updates to the Finance process in an effort to make the process more efficient and mature.

Qualifications:

  • C.A / ICWA with 3 years of relevant experience in manufacturing industry.
  • Good understanding of financial management obligations, especially statutory obligations and requirements.
  • Proficiency in financial planning software such as Microsoft Excel and SAP / ERP.

The Freudenberg Group is an equal opportunity employer that is committed to diversity and inclusion. Employment opportunities are available to all applicants and associates without regard to race, color, religion, creed, gender (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, mental or physical disability, genetic information, marital status, familial status, sexual orientation, protected military or veteran status, or any other characteristic protected by applicable law.

Freudenberg Performance Materials India Pvt. Ltd.

Top Skills

Excel
SAP
The Company
HQ: Weinheim
17,448 Employees
On-site Workplace

What We Do

Freudenberg is a global technology group that strengthens its customers and society long-term through forward-looking innovations. Together with its partners, customers and research institutions, the Freudenberg Group develops leading-edge technologies and excellent products and services for about 40 markets and for thousands of applications: seals, vibration control components, technical textiles, filters, specialty chemicals, medical products and the most modern cleaning products.

Strength of innovation, strong customer orientation, diversity, and team spirit are the cornerstones of the Group. The 170-year-old company holds strong to its core values: a commitment to excellence, reliability and pro-active, responsible action.

In 2022, the Freudenberg Group employed more than 51,000 people in some 60 countries worldwide and generated sales of more than €11.7 billion.


Learn more about us and visit our digital home at freudenberg.com and read the stories that make us Freudenberg.​

Visit and follow us at

www.freudenberg.com
https://www.instagram.com/freudenberg.group/
www.youtube.com/FreudenbergGroup
www.facebook.com/freudenberggroup


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