Plant - Finance Controller 12400
Plant - Finance Controller 12400
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Job Description
Ingersoll Rand is committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age ancestry color family or medical care leave gender identity or expression genetic information marital status medical condition national origin physical or mental disability political affiliation protected veteran status race religion sex (including pregnancy) sexual orientation or any other characteristic protected by applicable laws regulations and ordinances.
Position: Plant Finance Controller
Company: IR Toshniwal Instruments
Location: Chennai
Reports to: Finance Business Partner
No: of Reportees: 45
About Us
Ingersoll Rand a global leader in innovative technologies is committed to enhancing industrial productivity and efficiency. Through its Process Flow Technologies (PFT) vertical Ingersoll Rand India offers a diverse range of blower and vacuum pump brands including Toshniwal. With a centurylong legacy Nash is a trusted provider of vacuum solutions serving critical industries such as chemical petroleum and power. Nashs comprehensive portfolio encompassing liquid ring vacuum pumps dry pumps centrifugal blowers and steam ejectors ensures optimal performance and reliability in demanding applications.
Position ProfileSummary
The individual is responsible for overseeing the financial operations of the company. This role involves managing financial planning ensuring liquidity handling investments and maintaining relationships with financial institutions to support the companys financial health and strategic objectives. This also includes ensuring compliance with direct and indirect tax regulations managing tax planning strategies and minimizing tax liabilities while ensuring adherence to all applicable tax laws. He/she is responsible for overseeing the internal and external audit processes and ensuring timely and accurate closure of financial books. This role ensures compliance with accounting standards and provides financial insights to support decisionmaking.
Roles &Responsibilities
- Ensure the weekly report in time with accuracy.
- Do the monthly compliance reporting and closing books on 3rd working day.
- Prepare financial forecasts budgets and reports formanagement.
- Ensure compliance with financial regulations andstandards.
- Develop and manage the annual budgetingprocess.
- Coordinate with department heads to gather budget inputs and ensure alignment with strategic goals.
- Analyze budget variances and provide explanations andrecommendations.
- Prepare and present budget reports to seniormanagement.
- Monitor and control budgetexpenditures.
- Update budgets based on actual performance and forecast future financialtrends.
- Identify costsaving opportunities and efficiencyimprovements.
- Provide financial analysis and support for business planningactivities.
- Coordinate with local management and Group controllers.
- Ensure compliance with all direct and indirect tax laws andregulations.
- Prepare and file tax returns including corporate income tax andGST.
- Develop and implement tax planning strategies to optimize taxliabilities.
- Manage tax audits and resolve any disputes or issues with taxauthorities.
- Monitor changes in tax legislation and assess the impact on thecompany.
- Collaborate with external tax advisors andconsultants.
- Work in close Coordination with the Group Insurance team.
- Submit the information in time to Group Insurance team.
- Highlight the risk if any to Insurance team.
- Maintain uptodate records of insurance policies and risk managementactivities.
- Plan and manage internal and external auditprocesses.
- Ensure timely and accurate closure of financial books on a monthly quarterly and annual basis.
- Prepare financial statements in accordance with accountingstandards.
- Coordinate with auditors and provide necessary documentation andsupport.
- Identify and resolve accounting discrepancies andirregularities.
- Maintain and improve internal controls andprocesses.
- Provide financial analysis and insights to seniormanagement.
- Ensure compliance with regulatory and reportingrequirements
- Analyze and interpret profit and loss statements (P&L) balance sheets (BS) and cash flow (CF) statements.
- Assess financial performance and provide recommendations forimprovement.
- Perform Net Present Value (NPV) and Discounted Cash Flow (DCF) analysis to assess project viability.
- Calculate the payback period and Internal Rate of Return (IRR) for projectinvestments.
- Analyze and compare various financial scenarios and their potentialimpacts.
- Work closely with other departments such as engineering operations and procurement to gather and validate financial data.
- Liaise with external auditors consultants and financial institutions asnecessary
Qualification & WorkExperience
Qualification: Certified Chartered Accountant(C.A.
Language: Tamil and English must and Hindi will be added advantage
Exp: 10 Plus
Others: Proficiency in SAP MS Office
Key Competencies
- Experience in working in a Manufacturing environment / market or geography
- Adaptability & flexibility able to work independently and is selfsufficient but able to confidently reach out when support is required
- Ability to multitask
- Excel (Vlookup Sorting and Filter) and PowerPoint skills
- Analytical and problemsolving abilities
- Communication skills (verbal and written)
What we Offer
- We are all owners of the company! Stock options (Employee Ownership Program) that align your interests with the companys success.
- Yearly performancebased bonus rewarding your hard work and dedication.
- Leave Encashments
- Maternity/Paternity Leaves
- Employee Health covered under Medical Group Term Life & Accident Insurance
- Employee Assistance Program
- Employee recognition via Awardco
Collaborative multicultural work environment with a team of dedicated professionals fostering innovation and teamwork.
Contactfor Queries
- Bhavana Radhakrishnan (Talent Acquisition Specialist)
- Zepheny Ferrow (Talent Acquisition ManagerMEIA)
Ingersoll Rand Inc. (NYSE:IR) driven by an entrepreneurial spirit and ownership mindset is dedicated to helping make life better for our employees customers and communities. Customers lean on us for our technologydriven excellence in missioncritical flow creation and industrial solutions across 40 respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise productivity and efficiency. For more information visit www.IRCO.
Employment Type
Full-Time
