April 15, 2024

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[New Job Vacancy] job in TE Connectivity, (Bengaluru, Karnataka) – Jobs in Bengaluru, Karnataka

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Job Opening details:-
Company Name :-
TE Connectivity
Position Name :-

Company Location :-
Bengaluru, Karnataka
Job Category :-
General

Full Job Description :-
This position will lead the finance & accounting function of the Deutsch India operations with revenue scope
of 15MUSD. The position works closely with the Plant general manager, BU Controller and the Leadership
Team in Finance. The position will be responsible for maintaining accurate books and records in
accordance with applicable laws, reporting financial results, and leading a strong internal controls
environment with strict adherence to company policy and high ethical standards.
RESPONSIBILITIES
COSTING SCOPE:
a) Support business leaders in Annual & Monthly budgeting, forecasting, cost management and control for
the Deutsch Plant operations.
b) Serve as a key member of the Plant Leadership Team, regularly participating in driving the Plant
operations and compliance for growth and success of the business.
c) Lead the weekly and monthly financial forecast process with emphasis on accurate bookings, sales, and
operating income and representing in the global calls to explain the results.
d) Financial Reporting – Independent handling and reporting of Actuals to Global and Local Management
Team
e) Identify gaps and reasons for variance communicated early and that appropriate actions are taken to
meet the business financial commitments.
f) 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.
g) Develop annual labour and overhead rates that minimize operational variances and drive productivity
and Savings programmes.
h) Work closely with Plant Leaders to improve business results and identify cost saving Opportunities
i) Should be independent in handling Cost center Allocations, BOM Costing.
j) Must be well aware with Production Process BOM, Routing, Standard Cost setting and process.
Page 2
CONTROLLING SCOPE:
a) Ensure that accounting practices comply with corporate policies and procedures and regulatory
requirements.
b) Maintain an effective system of internal controls to provide reasonable assurance that assets are
protected, business results are properly reported, and risk of material weakness or significant deficiency in
controls is minimized.
c) Ensure a timely and accurate month end general ledger close financial process with emphasis on
minimizing non-valued added tasks and shortening the length of time taken to close the books. Delegate,
monitor and review completion of timely and accurate assigned journal entries
d) Reconciliation of balance sheet accounts to the sub-system and/or supporting documents.
e) Provide accurate financial information in compliance with India GAAP, local law, and company policy.
f) Encourage and drive analytic and thoughtful (as opposed to transactional) processing of all journal
entries.
g) Develop and supervise the financial/accounting department staff members.
h) Adherence to banking compliances, procedures
i) Ensure weekly Vendor Payments
j) Lead processes and initiatives to reduce primary working capital and maximize operating cash flow.
k) Monthly Cash Flow Forecasting and Reporting to central Finance Team
l) Coordinate activities with internal and external auditors, and other external constituents
EDUCATION
Chartered Accountant / ICWA8+ years of post-qualification experience.Worked in a manufacturing company. ERP – SAP Knowledge will be preferable
Competencies
Motivating Others
Managing and Measuring Work
Building Effective Teams
Values: Integrity, Accountability,Teamwork, Innovation
SET : Strategy, Execution, Talent (for managers)

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