Titan – Manager – Costing – CA/ICWA

Job Details:

The purpose of the role is to support the organization’s financial aspirations including driving revenue enhancing and cost optimizing strategies, and strengthening systems and processes.

External Interfaces:

– Auditors

– Consultants

– Vendors and Service Providers

Internal Interfaces:

– Business Finance Team

– Corporate Finance Team

– ISCM Team

– Marketing Team

– Merchandising Team

– HR and Admin Team

– IT Team

– Legal Team

– Other relevant stakeholders in Titan

Job Requirements:

Education:

– ICWA/CA

Relevant Experience:

– 8 – 12 years with managing a team of 2 to 3 people.

Behavioral Skills:

– Communication

– Relationship Building

– Curiosity

– Stakeholder Management

– Time Management

– Interpersonal Skills

– Presentation Skills

– Analytical Skills

– Business Acumen

– Team Management

Knowledge:

– Knowledge of Manufacturing Industry

– Specialized Knowledge of Costing

– Working knowledge of SAP/Oracle – FICO/ manufacturing modules, COPA modules

– Advanced knowledge of Excel

– Knowledge in usage of Analytical tools

– Functional knowledge of accounting

– Knowledge of regulatory statutes and guidelines

Process Contributions:

1. Finance: Business Partnering: Financial Planning and Analysis:

– Support finance decisions with in-depth analysis of monthly results and highlighting any significant variances to management in a periodic manner.

– Provide financial inputs in the annual operational planning process and the long-term forecasting process.

– Conduct financial analysis of actual manufacturing cost vs actuals, Make or Buy decisions, enable pricing decisions.

– Support other ad-hoc projects/new business initiatives.

– Capital Budgeting – preparation of ROI and Monitoring.

– Keep abreast with the leading practices on reporting systems, financial modelling and analysis techniques and drive implementation of the same.

– Monthly Account closure and Monitoring.

– Accurate and Timely Reports.

– Data enabled Decision Making.

– Adherence to timelines.

– Adherence to guidelines and standards.

2. Finance: Business Partnering: Functional Support:

– Prepare financial models and analyses so as to support strategic initiatives.

– Analyse financial information and reports to generate insights and provide corrective measures, if any to enable accurate and timely reporting to management.

– Support team with monthly reviews and business performance calls.

– Analyse and present financial and business forecasting reports to enable decision making.

– Analyse business policies by monitoring core financial and business-related aspects of the organization.

– Prepare profitability statements, monthly operating expenses sheet and support in pricing decisions.

– Monitor Core Accounting practices in line with laid down accounting policies.

– Accurate and Timely Reports.

– Data enabled Decision Making.

– Adherence to timelines.

– Adherence to guidelines and standards.

3. Finance: Business Partnering: Governance and Compliance:

– Drive the creation and implementation of effective governance, compliance and risk management frameworks across Titan to drive holistic performance and maintain reputation.

– Ensure pro-active input into preventative actions to address key business risks.

– Manage issues to mitigate impact and risk by early involvement.

– Guide resolution of issues and proactively create an environment where risk is avoided.

– Champion the embedding of a compliance culture within Titan.

– Risk Mitigation.

– Championing of compliance culture.

– Adherence to timelines.

– Adherence to guidelines and standards.

4. Finance: General Management: People Management:

– Drive a performance driven culture in the team by reviewing performance parameters and providing feedback to the team.

– Contribute in talent development by providing subordinates with adequate exposure and growth opportunities.

– Ensure periodic follow-up with the recruitment team to fill the vacant positions within stipulated time.

– Improvement in team performance.

– Adherence to timelines.

– Quality of feedback.

5. Finance: Costing Operations:

– Annual Run of SCE, validate the business assumptions, suggest improvements in SCE process.

– Evaluate Costing process – in line with business operations and implement changes as required.

– Process Improvement and Enabling decision making.

– Adherence to timelines.

– Adherence to guidelines and standards.