Assistant Manager - Finance

Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data, and the environment. Headquartered in the UK, Coats is a FTSE250 company and a FTSE4Good Index constituent. Revenues in 2022 were $1.6bn.

Trusted by the world's leading companies to deliver vital, innovative, and sustainable solutions, Coats provides value-adding products including apparel, accessory and footwear threads, structural components for footwear and accessories, fabrics, yarns, and software applications. Customer partners include companies from the apparel, footwear, automotive, telecoms, personal protection, and outdoor goods industries.

With a proud heritage dating back more than 250 years and spirit of evolution to constantly stay ahead of changing market needs, Coats has operations across some 50 countries with a workforce of over 17,000, serving its customers worldwide.

Coats connects talent, textiles, and technology, to make a better and more sustainable world. Worldwide, there are three dedicated Coats Innovation Hubs, where experts collaborate with partners to create the materials and products of tomorrow. It participates in the UN Global Compact and is committed to Science Based sustainability targets for 2030 and beyond, with a goal of achieving net-zero by 2050. Coats is also committed to achieving its goals in Diversity, Equity & Inclusion, workplace health & safety, employee & community wellbeing, and supplier social performance.

Assistant Manager - Finance

Location: Ambasamudram

Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment.

Trusted by the world's leading companies to deliver crucial, innovative, and sustainable solutions, we provide value-adding products including apparel, footwear and speciality threads.

With a proud heritage dating back more than 250 years and a spirit of evolution to constantly stay ahead of changing market needs, we have operations across 50 countries with a workforce of over 17,000, serving our customers worldwide.

Role Purpose:

The Assistant Manager – Finance will play a critical role in driving financial excellence across mill operations. This position requires strong business partnering with manufacturing teams, oversight of internal controls, and leadership in key finance processes such as Record-to-Report (R2R) and Procure-to-Pay (P2P). The role is designed for a proactive professional who can identify opportunities for process improvements and ensure compliance with corporate governance standards.

What you will do (Key Responsibilities):

• Business partnering: Collaborate closely with manufacturing teams to provide financial insights, support decision-making, and drive cost optimization initiatives.
• Internal controls review: Regularly assess and strengthen internal control frameworks across mill locations to ensure compliance with company policies and statutory requirements.
• Process improvements: Identify gaps in existing processes, recommend automation or simplification opportunities, and implement best practices to enhance efficiency and accuracy.
• Record-to-Report leadership: Oversee R2R processes including month-end closing, reconciliations, and reporting, ensuring timeliness and accuracy of financial statements.
• Procure-to-Pay leadership: Manage P2P processes across mill locations, ensuring vendor compliance, timely payments, and effective working capital management.
• Cross-location coordination: Standardize finance practices across multiple mill sites, ensuring consistency, transparency, and alignment with corporate objectives.
• Stakeholder management: Build strong relationships with internal stakeholders, auditors, and external partners to support smooth financial operations.

Who you are (Requirements):

• CA with 3 to 6 years of Experience
• Proficiency in MS Excel (VLOOKUP/XLOOKUP, Pivot Tables)
• Strong communication and stakeholder management skills
• Problem-solving and analytical mindset

What will set you apart (Nice to Have):

• Strong knowledge of Accounts Payable and P2P processes
• Hands-on experience with ERP systems (preferably SAP – MM & FI)
• Attention to detail and accuracy Strong communication and stakeholder management skills
• Ability to meet deadlines in a fast-paced environment
• Problem-solving and analytical mindset
• Effective communication and stakeholder coordination skills

At Coats Group, we are committed to innovation, excellence, and fostering a diverse and collaborative environment where every team member can thrive. If you are passionate about making an impact in the textile industry and eager to join a global leader with a rich heritage and a forward-thinking approach, we invite you to take the next step in your career with us.

Apply now to be part of our dynamic team and help shape the future of textiles.

AM - Finance