Assistant Finance Manager

Job Advert

Internal Job Title: Assistant Finance Manager

Business: Lawson Lucy India Private Limited (LLIPL)

Location: LLIPL - Vadodara, India

Job Reference No: 4115

Job Purpose

Lawson Fuses Limited (LFL) is seeking an ‘Assistant Finance Manager’ for its Indian subsidiary Lawson Lucy India Private Limited (LLIPL) based in Vadodara, Gujarat. This is a key role for the business and will be managing all local finance and accounting related operations at LLIPL. Including overseeing the financial department staff in day-to-day operations and on a transactional basis.

As Assistant Finance Manager you will oversee running of LLIPL’s daily finance functions. This mainly involves documenting and analysing finance functions including accounts receivables, accounts payables, inventory management, treasury, reconciliations, general ledger transactions, P&L, Balance sheet including management accounts working with a small finance team.

This is a fantastic opportunity for the right candidate offering opportunity to be part of the wider firm’s growth journey.

Job Context

Incorporated in 1938, LFL is an established British and global brand that operates in the fuse gear market with a focus on design, development and manufacture of low voltage High Rupture Capacity (HRC) fuse-links and associated fuse holders. LFL’s products are ASTA certified and comply with IEC/BS standards and accepted throughout the world. With manufacturing facilities based in UK and India, LFL’s global clientele is spread across several countries including (not limited to) UK, Middle East, Africa, India, Malaysia, Australia, South Korea and Hong Kong. With ISO 17025 ASTA certified R&D lab and ASTA certified manufacturing plants, LFL is keen on safety, quality and speed of product delivery. From 2018, LFL is part of Lucy Group which is a diversified international group head quartered in Oxford, UK and operates in multiple sectors including Power Distribution, Smart Lighting and Real Estate.

LFL is planning for a significant growth within the next 5 years, and our Indian plant (LLIPL) is the centre piece for this growth plan driving productivity, cost savings and throughput. The Finance Manager will be responsible for accurate information and analysis of the Indian plant.

Job Dimension

This is a full-time onsite role based in our Indian plant (Vadodara, Gujarat). This role reports to Financial Controller, Head of Finance of the Lawson Fuses (Group) business based in UK and the main objective of this role will be to provide accurate MIS. Achieved through delivery of an efficient day-to-day finance function whilst seeking to add value with detailed analysis supporting the Financial Controller to deliver a quality finance function for the business.

Key Accountabilities

These will include:

• Oversee day to day operations of the finance function
• Preparation and financial closing of books of accounts – MIS
• Perform reconciliations, including investigation and resolution of variances
• Banking & Finance
• Accounts Receivable Management
• Accounts Payable Management
• Inventory Management
• Credit control and order assessment
• Treasury – Within DoA levels
• Provide information for Budgeting, MIS and stakeholder management
• Support with Audit requirements and documentation (internal and external)
• Support to CEO/Management - based both in the UK and India
• Statutory compliance – GST, Custom, DGFT, Income Tax, FEMA
• Mentor to Finance assistant to strive for continuous improvement and team development

Qualifications, Experience & Skills

• Chartered Accountant/ Cost Accountant with experience of minimum 5 Year in Medium size company with T/O of around INR 25Cr to 50Cr. (MNE preferable)
• Minimum 8 to 10 years post qualification working experience and a minimum of 5 years as Finance Manager or equivalent position.

Job-Specific Skills – Key Strengths:

• Expertise in all aspects of Finance, Accounting, MIS, Budgeting
• Experience in collaborating with global/ cross cultural teams.
• Experience in interpreting financial data and experience in problem solving.
• Excellent business communication skills including English (written and spoken)
• Strong working ethic in the delivery of satisfying the profitable requirements and expectation of internal and external customers.
• Excellent organisational and time management skills
• Experience in working in an accounting manufacturing environment
• Able to work effectively with people from different cultures / backgrounds
• Strong computer skills with high level of proficiency in Microsoft office and other related business systems.

Behavioural Competencies

• Able to work under pressure & to challenging deadlines
• Able to focus on deliverables
• Able to confidently motivate team and progress team development
• Proactive can-do attitude, with structured thinking
• Interpersonal, initiative and analytical thinking
• Maintain a high level of self-motivation

About Us

Lucy Group Ltd is the parent company of all Lucy Group companies. Since its origins in Oxford, UK, over 200 years ago, the Group has grown and diversified. The Group’s businesses help to advance the transition to a carbon-free world with infrastructure that enables renewable energy, electric vehicles, smart city management and sustainable living. Today we employ in excess of 1,600 people worldwide, with operations in the UK, Saudi Arabia, UAE, India, South Africa, Brazil, Thailand, Malaysia, India and East Africa.

Lucy Controls comprises Lucy Zodion, Flashnet and Lawson Fuses. Lucy Zodion is an industry leader in advanced street lighting control, power distribution and electric vehicle supply solutions. Flashnet offers a portfolio of smart, connected street lighting and grid management systems. Lawson Fuses specialises in the design, development and manufacturing of low voltage electrical fuses.

Does this sound interesting? We would love to hear from you. Our application process in quick and easy. Apply today!