Production Controller ( Finance / Business Controller )

Job Title: Production Controller (Business/Finance Controller)

JR No: R0071165

No. of Vacancies: 1

Location: Pune

Full time /Part Time: Full time

Regular /Temporary: Regular

SANDVIK COROMANT is the world’s leading supplier of tools, tooling solutions and know-how to the metalworking industry. With extensive investments in research and development we create unique innovations and set new productivity standards together with our customers. These include the world's major automotive, aerospace and energy industries. Sandvik Coromant has 8,000 employees and is represented in 130 countries. We are part of the business area Sandvik Machining Solutions within the global industrial group Sandvik.

At Sandvik Coromant, we are driven by a passion for excellence in everything we do. Our belief is that sustainable success is a team effort and with our profound knowledge of metal cutting and insight into the varying challenges of different industries, we strive to develop innovative solutions in collaboration with our customers, to meet both current and future demands.

We are seeking for people who are passionate in their work and possess the drive to excel to join us.

JOB PURPOSE

To support with high quality timely reporting and systematic analysis of Financials and ensure overall cost-effective performance. Controlling two Production units independently and responsible for Cost Audit and Certification requirement. Ensure that internal control are designed, implemented and monitored to ensure Statutory financial compliances in order to reduce financial risks. Ensure project output is executed and managed to a high standard and in line with the Sandvik Internal Control policy and procedures along with various financial analysis. Project Management and Awareness of Indirect Tax Compliances

MAIN RESPONSIBILITIES

• Carry out Monthly Book Closing in SAP and generate and publish Product area wise MIS reports (Expense report, Result Statement, Stock trend, CorP, Cost Productivity etc.)
• Carry out activities related to Standard Cost Roll up (annual) and variance analysis.
• Monitor monthly allocation cycle run in SAP.
• Carry out Balance sheet reviews for the production units.
• Support Production units with all internal control requirements by advising on best practice and control requirements while ensuring that correct procedures and protocols are being followed.
• Act as the main support in performing continual assessment of the operating effectiveness of the controls, as well as supporting local management with any changes that need to be made to the control environment
• Manage the IT Tool and various Power BI dashboards for internal control Monitoring and Reporting
• Manage action plan target completion date - Proactively follow-up with Action Plan owners and facilitate assistance with action plan remediation/retesting.
• Provide guidance to Production teams in the design of new processes to ensure efficient and effective controls are built into their processes as the need arise.
• Coordinating for periodic Internal Audit and ensuring appropriate and timely closure and follow of Internal Audit observation.
• Awareness of Indirect tax compliances and driving improvements to minimise risks towards tax penalties and respective monetary loss.
• Driving Process Improvements , adapting smart ways of working by identifying possibilities of automations, IT system integration and further development to improve business efficiency
• Support & ensuring all statutory compliances related to Internal/ statutory audits
• Participate in the fixed asset and inventory verification processes.

REQUIRED COMPETENCIES

• Through understanding of standard costing, variance analysis, etc.
• Professional Knowledge of Internal Finance Controls & handling Internal Audits
• Working knowledge of EOU , GST related Processes
• Driving Internal Audit improvement to strengthen internal controls
• Systematic and analytical, Problem solving approach
• Business understanding and integration with Finance
• Good Communicator - includes written and spoken
• Operating knowledge on SAP, other applications
• Proactive approach, willingness to walk extra mile and stretch him/herself,
• Drives continuous improvement to have best results
• IT literate - MS Office application and user knowledge of Power BI
• Managing and handling multiple tasks

EXPERIENCE

Experience in Business Control/Business Analyst in a manufacturing organization is preferred.

EDUCATION

Should be a qualified CA, ICWA/CMA, MBA (Finance) with 2-3 years of experience or CMA/CA Inter with 4-5 years of experience.

BENEFITS

Sandvik offers a competitive total compensation package including comprehensive benefits. In addition, we provide opportunities for professional competence development and training, as well as opportunities for career advancement.

HOW TO APPLY

You may upload your updated profile against JR No. R0071165 in Workday system through your ESS login, no later than September, 25 2024 OR Please send your application by registering on our site www.sandvik.com/career and uploading your CV against JR No. R0071165 before September, 25 2024