Finance Manager

JOB TITLE : FINANCE MANAGER

Location : Bengaluru | Experience : 3-5 Years

ABOUT NEWCOLD

NewCold is a service provider in cold chain logistics with a focus on development and operation of large, highly automated cold stores. NewCold strives to be crucial in the cold chain of leading food companies, by offering advanced logistic services worldwide. NewCold is one of the fastest growing companies (over 3,000 employees) in the cold chain logistics and they are expanding teams to support this growth. They use the latest technology that empowers people, to handle food responsibly and guarantee food safety in a sustainable way. They challenge the industry, believe in long-term partnerships, and deliver solid investment opportunities that enable next generation logistic solutions. NewCold has leading market in-house expertise in designing, engineering, developing and operating state-of-the-art automated cold stores : a result of successful development and operation of over 25 automated warehouses across three continents. With the prospect of many new construction projects around the world in the very near future, this vacancy offers an interesting opportunity to join an internationally growing and ambitious organization.

POSITION SUMMARY

NewCold is seeking a highly motivated Finance Manager to join our growing team in Bengaluru. This role will be pivotal in managing the financial health of our rapidly expanding automated cold storage operations and transportation, focusing on cost control, budgeting, and financial reporting. The Finance Manager will play a key role in supporting strategic decision-making related to warehouse investments and operational efficiency. This position requires a qualified Chartered Accountant with a strong understanding of financial principles and a proactive approach to problem-solving.

YOUR ROLE

• Lead the monthly, quarterly, and annual financial closing processes, ensuring accuracy and compliance with applicable accounting standards.
• Develop and manage the annual budget and forecasting process for the Bengaluru operations, incorporating insights from operational teams.
• Analyze financial performance against budget and forecast, identifying key variances and providing actionable recommendations to management.
• Prepare and present financial reports to senior management, including P&L statements, balance sheets, and cash flow statements.
• Oversee the accounts payable and accounts receivable functions, ensuring timely and accurate processing of invoices and payments.
• Manage and mentor a team of finance professionals, fostering a collaborative and high-performance work environment. Team building and development will be a key focus.
• Implement and maintain strong internal controls to safeguard company assets and ensure compliance with regulatory requirements.
• Collaborate with the operations team to analyze the financial impact of new projects, investments in automation, and changes to warehouse processes.
• Support the implementation and optimization of our ERP system (NetSuite preferred) and other financial software.
• Conduct cost-benefit analyses of potential investments in warehouse technology and automation initiatives.

WHAT WE ARE LOOKING FOR

As Finance Manager, you will be a vital link between the finance function and our operational teams, providing financial insights to optimize performance within our automated warehouse and transportation. You will directly impact NewCold’s profitability by managing budgets, analyzing variances, and identifying opportunities for cost reduction and efficiency improvements. Your leadership will be instrumental in building a high-performing finance team capable of supporting our continued growth and investment in cutting-edge logistics technology.

KEY RESPONSIBILITIES

WHY JOIN US