Assistant Manager- Finance

Assistant Manager- Finance

KEY RESPONSIBILITIES

 

Business Case & Financial Evaluation

 

• Prepare financial business cases for new business opportunities and ICY projects.

 

• Develop comprehensive business case analyses for TGM approval, including profitability, investment requirements, and risk assessment.

 

• Review actual business performance against TGM-approved business cases and identify variances.

 

• Provide recommendations to improve profitability and business performance.

 

Costing & Product Profitability Analysis

 

• Review and validate Bills of Material (BOM), activity-based costs, and manufacturing cost assumptions.

 

• Perform cost roll-up activities in SAP and ensure costing accuracy within the system.

 

• Support product costing for new products, engineering changes, and customer quotations.

 

• Conduct product-wise and customer-wise margin analysis to support commercial decisions.

 

• Monitor profitability trends and identify opportunities for cost optimization.

 

Pricing & Commercial Analysis

 

• Review transfer pricing (TP) structures and ensure compliance with company policies.

 

• Evaluate purchase price variances (PPV) and analyze the impact on product profitability.

 

• Assess material cost fluctuations and support pricing decisions accordingly.

 

• Analyze manufacturing wastage, scrap costs, and yield performance to identify improvement opportunities.

 

• Work closely with Purchasing and Operations teams to drive cost reduction initiatives.

 

Financial Reporting & Controls

 

• Prepare periodic profitability, costing, and variance analysis reports.

 

• Support budgeting, forecasting, and financial planning activities related to product costs.

 

• Ensure data integrity and accuracy in costing and financial systems.

 

• Support internal and external audit requirements related to costing and inventory valuation.

 

Cross-Functional Collaboration

 

• Partner with Sales, Engineering, Supply Chain, Manufacturing, and Finance teams on commercial evaluations.

 

• Provide financial insights for business decisions, customer negotiations, and operational improvements.

 

• Support management with ad-hoc financial analysis and strategic projects.

 

JOB REQUIREMENTS

• Bachelor’s degree in finance, Accounting, or related field required
• CA- Inter, MBA or CFA preferred
• 10+ years of relevant experience in Finance in a Manufacturing environment.
• Team player with excellent communication and interpersonal skills, with the ability to interact with senior executives, peers, junior members and external partners
• Adept at identifying priorities, taking initiative and ownership
• Highly organized, hands-on and detail oriented
• Ability to recognize improvement opportunities and execute
• Strong computer skills, including Microsoft Word, Excel, and PowerPoint

Experience Level

Senior Level