Senior Manager - Finance and Accounting

About the Role

Tata Advanced Systems Limited seeks a Senior Manager specializing in Finance and Accounting, offering a pivotal leadership position within the organization. The ideal candidate will be a Chartered Accountant with significant expertise in manufacturing industries such as aerospace, defence, automotive, heavy engineering, or capital goods.

Key Responsibilities

• Ensure precise and prompt preparation of financial statements including Profit & Loss accounts and cash flow statements.
• Conduct thorough General Ledger reviews ensuring accuracy and integrity of financial records.
• Manage month-end and year-end closing processes efficiently without delays.
• Create and deliver Management Information System reports for plant and corporate leadership.
• Coordinate and support internal, statutory, and external audits, acting as liaison with auditors.
• Maintain compliance with Ind AS and IFRS accounting standards.
• Oversee the complete accounts payable and receivable processes including invoice processing, GRIR reconciliation, and vendor account management.
• Monitor vendor payments and receivables to ensure smooth operational cash flow and compliance with P2P and O2C procedures.
• Lead budgeting activities including Annual Operating Plan development, rolling forecasts, and variance analysis.
• Provide financial analysis for business cases, investments, and capital expenditure approvals.
• Ensure comprehensive adherence to all relevant tax regulations including GST, TDS, Income Tax, Customs, and related statutory requirements.
• Manage cash flow and treasury operations to optimize liquidity and fund utilization.
• Handle fixed asset accounting, including capitalisation, depreciation, disposals, and physical asset verification.
• Implement and reinforce internal controls and Standard Operating Procedures to safeguard assets and financial data.
• Lead and nurture a finance team of five professionals, promoting accountability and continuous improvement.

Qualifications and Experience

• Qualified Chartered Accountant and member of the Institute of Chartered Accountants of India (ICAI).
• 8 to 10 years of post-qualification experience in Finance and Accounting.
• At least 4 years of relevant experience within manufacturing or industrial sectors, preferably aerospace, defence, automotive, heavy engineering or capital goods.
• Proven leadership experience managing finance teams.

Technical Proficiencies

• Strong command of ERP systems, preferably SAP FI/CO modules.
• Advanced expertise in MS Excel, MIS dashboard creation, and financial modeling techniques.
• In-depth knowledge of Indian Accounting Standards (Ind AS) and IFRS.
• Thorough understanding of Indian taxation laws including GST, TDS, Income Tax, and Customs duties.
• Experience in GRIR reconciliation, Procure-to-Pay, and Order-to-Cash processes.
• Competence in fixed asset accounting and capitalisation procedures.

Core Competencies and Communication

• Strategic thinker with exceptional analytical and problem-solving skills.
• Strong integrity, meticulous attention to detail, and accuracy.
• Excellent interpersonal abilities and stakeholder management skills.
• Capable of thriving in a fast-paced environment with strict deadlines.
• Fluent written and verbal communication skills in English and preferred proficiency in Kannada or Hindi.

Team Leadership and Culture

Lead a team of finance professionals by defining clear objectives, distributing responsibilities efficiently, and fostering a culture of accountability and continuous growth to strengthen the finance function aligned with plant expansion goals.