Own and drive financial performance (P&L, Balance Sheet, Cash Flow, ROIC)
Work closely with the Plant Manager in monthly financial reviews to ensure revenues and margins are appropriately estimated for use in financial statement forecasting.
Analyze financial results and identify and communicate deviations to plan and forecast. Make recommendations for potential solution and improvements. Promote the active use of financial data to drive business success, and continuously identify and make visible all potential risks and opportunities.
Actively support and challenge/drive management team to grow enterprise value (growth > market, > margins, > ROIC, > FCF). Work alongside business partners to achieve outcomes.
Provide trusted finance decision support, including regular and ad hoc analysis to key stakeholders. Deliver insight into trends, risks and opportunities.
Oversee the annual budgeting and monthly forecasting processes for the business, ensuring that gaps are identified and communicated early and that appropriate actions are taken to meet the business financial commitments.
Identify / highlight performance trends, high & low performing products. Recommend and target actions and projects in collaboration with management team to improve product volumes and profitability
Lead processes and initiatives to reduce primary working capital and maximize operating cash flow
Ensure that capital appropriation requests are prepared and analyzed properly so that all investments of company funds are optimized.
Serve as a key member of the Leadership Team, regularly participating in directing the growth and success of the business.
Travel as required.
Requirements
Bachelor's Degree in Business with an emphasis in Accounting or Finance. CPA, CMA and/or MBA preferred.
10 years finance experience
Minimum of 5 years of finance experience in an industrial manufacturing environment preferably as a finance business partner
US GAAP experience
Experience working for multi-national companies
Experience in operational finance
Strong analytical skills.
Strong computer skills in MS platforms
Good written and verbal communication skills.
Experience with integrated ERP and BPC is desirable.
Additional Information
Role Summary
The position works closely with the plant manager and the leadership team in driving key initiatives and helping the Company to achieve its goals and maximize returns on investment. The Business Partner will use data as a strategic asset to provide decision support, accurate planning and forecasting, and operational productivity and efficiency analysis. Further, this position will ensure accuracy and completeness in income statement, balance sheet, and cash flow statement planning and forecasting as well as timely variance analysis.
Flowserve · Nagar, India