Associate Manager / Manager

Job Description
Role: Associate Manager / Manager Finance & Accounts.
Department: Finance & Accounts.
Location: Bangalore.
Industry to target: Recycling / Manufacturing / Scrap Yard.
CTC: 10 - 12 LPA

Job Summary: The shortlisted candidate will oversee all financial operations like budgeting, forecasting, cost control, compliance, and financial reporting. The role requires a strategic and hands-on finance professional with relevant experience. The candidate has to be capable of ensuring financial discipline, working capital management, and supporting operational efficiencies in alignment with organizational goals.
Key Responsibilities:
1. Financial Planning & Control

• Preparation and control of budgets, forecasts, and financial plans.
• Drive cost control initiatives and monitor actual vs. budget performance.
• Ensure timely and accurate MIS reporting for plant operations.

2. Costing & Inventory Management

• Monitor and analyze material consumption, scrap, rework, and yield variance.
• Ensure accurate inventory valuation and timely physical verification.

3. Project & Finance

• Monitor project margins, billing cycles, and project-related cash flow.

4. Statutory Compliance & Audit

• Ensure compliance with statutory requirements including GST, TDS, PF/ESI, excise, etc.
• Liaison with internal and external auditors for plant audits.
• Maintain up-to-date records in compliance with regulatory standards.

5. Working Capital & Cash Flow Management

• Manage receivables, payables, vendor payments, and cash flow at the plant.
• Support procurement and operations with financial insights for better planning.

6. ERP & Systems

• Drive automation and digitization of financial processes through ERP (SAP/Oracle/Other).
• Ensure accuracy and discipline in ERP transactions and reporting.

Qualification & Work Experience:

• Education: CA / Inter - CA / CFA / MBA (Finance) or equivalent
• Work Experience: 5 - 7 years in a manufacturing/engineering or recycling industry
• Strong knowledge of finance, costing, and project accounting.
• Expertise in statutory compliance, budgeting, and working capital management.
• Proficiency in ERP systems (SAP, Oracle, or equivalent).
• Analytical mindset with attention to detail.
• Excellent leadership, communication, and stakeholder management skills.