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Deputy General Manager of Finance
Deputy General Manager of FinanceExide Energy Solutions Ltd • Surat, Gujarat, India
Deputy General Manager of Finance

Deputy General Manager of Finance

Exide Energy Solutions Ltd • Surat, Gujarat, India
5 days ago
Job description

About us :

Exide Energy Solutions Limited (EESL) is one of the fastest growing companies who has vision to solve social issues regarding energy, environment, resource, etc with producing lithium-ion battery products. Exide Energy Solutions Ltd is setting up India’s first Giga plant to manufacture Lithium Ion Cells in Bengaluru. Exide Energy Solutions Limited is looking for Assistant Manager - Control Engineer in the Manufacturing organisation to achieve company’s goal at the Prantij, Gujarat, Battery Pack Manufacturing Location.

Qualification and Experience : CA / ICWA with 10-20 Years of Hands of Experience in Finance

Roles and Responsibility :

1.Financial Accounting & Compliance Oversight

  • Ensure timely and accurate preparation of financial statements as per ind AS and Companies Act.
  • Oversee compliance with statutory reporting requirements-ROC filings, GST returns, TDS, tax audit, and internal audit.
  • Review and approve final accounts, schedules, and notes to accounts of plant
  • Coordinate with auditors and tax consultants for smooth audit and compliance processes for plant

2.General Ledger & Closing Management

  • Supervise Gil accounting, reconciliations, and monthly / quarterly / year-end closing activities.
  • Ensure all financial transactions are recorded accurately with proper documentation.
  • Oversee resolution of accounting discrepancies and unusual variances.
  • Drive continuous improvement of month-end close process to ensure deadlines are met.
  • 3.Cash & Bank Reconciliation

  • Oversee bank reconciliations and cash flow statements.
  • Ensure proper controls over bank accounts and cash management.
  • Monitor bank covenants, credit facilities, and short-term funding requirements.
  • 4.Intercompany & Related Party Transactions

  • Manage intercompany accounting and reconciliations between multiple plants and corporate.
  • Ensure compliance with transfer pricing regulations and related party disclosures.
  • Liaise with subsidiaries and holding company on intercompany settlements and reporting
  • 5.Fixed Assets & inventory Accounting

  • Oversee capitalization, depreciation, asset reconciliation, and disposal processes.
  • Ensure inventory valuation and stock reconciliations comply with accounting standards.
  • Coordinate physical verification and reconcile discrepancies with finance records.
  • 6.Financial Controls & Risk Management

  • Implement and monitor internal controls over financial reporting (ICFR).
  • Identify financial risks and ensure mitigation plans are in place.
  • Ensure adherence to company policies, SOX controls (if applicable), and audit recommendations.
  • 7.Industry & Regulatory Analysis

  • Stay updated on accounting standards changes, tax laws, and regulatory updates relevant to manufacturing.
  • Analyze industry trends, competitor financial performance, and benchmarking reports.
  • Advise senior management on financial implications of regulatory and market developments.
  • Monitor sector-specific issues such as raw material price volatility, energy costs, and environmental compliance costs.
  • 8.Team Leadership & Stakeholder Management

  • Lead and mentor the accounts team across plants.
  • Coordinate with cross-functional teams-Finance, Tax, Legal, Operations, and Procurement.
  • Act as key liaison with auditors, banks, tax authorities, and statutory bodies.
  • Report on financial performance and issues to CFO and Board Finance Committee.
  • 9.Systems & Process Improvement

  • Drive automation and digital transformation initiatives in accounting processes (ERP, RPA).
  • Ensure data accuracy and integration between accounting, ERP, and reporting systems.
  • Standardize accounting policies and procedures across locations for consistency and compliance
  • 10.Strategic Financial Advisory

  • Support strategic Initiatives like mergers, acquisitions, expansions, and capital investments.
  • Provide financial insights and scenario analysis for decision-making.
  • Collaborate with FP / &A on budgeting, forecasting, and long-term financial planning.
  • Mandatory Skills :

  • Financial Reporting
  • General Ledger & Closing Management
  • Fixed Assets Accounting
  • Accounts receivable and payable process management
  • Credit risk assessment and control
  • Cash flow and working capital optimization
  • Bad debt provisioning and recovery
  • Internal controls and compliance
  • Cost accounting and variance analysis
  • Inventory management and valuation
  • Team Leadership & Stakeholder Management
  • Desired Skills :

  • Strong experience in Monthly, quarterly and year end closing of books of the company.
  • Experience in Plant financials reporting and preparation of MIS
  • Team Leadership & Stakeholder Management
  • Accounts reconciliation process
  • Proficiency in SAP or other ERP software.
  • Experience with CARO (Companies Auditor's Report Order)
  • Ability to collaborate effectively with the operations, finance, and audit teams.
  • Strong analytical skills for variance analysis and reconciliation tasks
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    Deputy General Manager • Surat, Gujarat, India