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Orient Electric
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Assistant General Manager Finance

Assistant General Manager Finance

Orient Electric

12 - 15 years

10 Lacs

hyderābād

Posted:4 days ago| Platform: GlassDoor logo

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Skills Required

finance diversity planning analyze metrics management analysis compliance reports reporting efficiency transactions reconciliation controls accounting audits audit inventory valuation recording support regulations certification manufacturing software communication

Work Mode

On-site

Job Type

Full Time

Job Description

Diversity

Job ID

34951

Job Type

Full-time

Job Location

Hyderabad

Experience

12-15 Years

Posted

31st August, 2025

Posted by

Aanchal Malhotra

Job Description

Financial Planning and Analysis:

Assist in the preparation of annual budgets, forecasts, and financial plans.
Analyze financial performance against key business metrics and document pertinent financial highlights that will enable management to determine progress against budgets.
Conduct variance analysis to identify the causes of budget deviations and provide recommendations for corrective actions.

Reporting:

Prepare monthly, quarterly, and annual financial statements for the plant in compliance with company policies and regulatory requirements.
Generate financial reports with variance analysis related to budgets, account payables, account receivables, expenses, etc.
Ensure accurate and timely reporting of financial information to senior management.

Cost Control and Management:

Monitor and analyze cost expenditures and financial performance of the plant.
Implement cost-saving initiatives and processes to increase plant efficiency and profitability.
Work with plant management to prepare cost estimates for new products or modifications to existing products.

Accounts Management:

Oversee the accounts payable and receivable processes to ensure timely and accurate payment processing.
Manage the plant’s general ledger, ensuring all financial transactions are recorded accurately and promptly.
Ensure proper reconciliation of all accounts.

Internal Controls and Compliance:

Ensure compliance with internal financial and accounting policies and procedures.
Assist in internal and external audits to ensure compliance with corporate and regulatory standards.
Implement and maintain adequate internal controls to safeguard the plant’s assets.
Manage all the audits along with Plant Manager– Cost audit, Statutory audits and Internal audit related to plant.

Inventory Management:

Monitor and manage inventory levels, ensuring accurate valuation and recording in the financial system.
Conduct periodic physical inventory counts and reconcile discrepancies.
Analyze inventory turnover and obsolescence, and recommend actions to optimize inventory levels.

Support and Collaboration:

Collaborate with other departments to support overall plant operations and financial health.
Provide financial insights and guidance to plant management to assist in decision-making processes.
Participate in cross-functional teams to support plant projects and initiatives.

Other Duties:

Stay updated with industry trends, regulations, and best practices in financial management.
Perform any other duties as assigned by the Plant Finance Manager.

Qualifications:

Education: Bachelor’s degree in Finance, Accounting, or a related field. CPA, CMA, or other relevant professional certification is preferred.
Experience: Minimum of 12-15 years of experience in a financial role, preferably in a manufacturing or plant environment.
Skills:
Strong analytical and problem-solving skills.
Proficiency in financial software and Microsoft Office Suite (especially Excel).
Excellent organizational and time management skills.
Strong attention to detail and accuracy.
Effective communication and interpersonal skills.

Ability to work collaboratively in a team environment.

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