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Assistant Manager Finance

Tenneco · Automotive

  • Bhiwadi, India
  • On-site
  • Posted 9 days ago
  • Apply by 15 Oct
  • Finance & Accounting

KEY RESPONSIBILITIES

Business Case & Financial Evaluation

Prepare financial business cases for new business opportunities and ICY projects.
Develop comprehensive business case analyses for TGM approval, including profitability, investment requirements, and risk assessment.
Review actual business performance against TGM-approved business cases and identify variances.
Provide recommendations to improve profitability and business performance.

Costing & Product Profitability Analysis

Review and validate Bills of Material (BOM), activity-based costs, and manufacturing cost assumptions.
Perform cost roll-up activities in SAP and ensure costing accuracy within the system.
Support product costing for new products, engineering changes, and customer quotations.
Conduct product-wise and customer-wise margin analysis to support commercial decisions.
Monitor profitability trends and identify opportunities for cost optimization.

Pricing & Commercial Analysis

Review transfer pricing (TP) structures and ensure compliance with company policies.
Evaluate purchase price variances (PPV) and analyze the impact on product profitability.
Assess material cost fluctuations and support pricing decisions accordingly.
Analyze manufacturing wastage, scrap costs, and yield performance to identify improvement opportunities.
Work closely with Purchasing and Operations teams to drive cost reduction initiatives.

Financial Reporting & Controls

Prepare periodic profitability, costing, and variance analysis reports.
Support budgeting, forecasting, and financial planning activities related to product costs.
Ensure data integrity and accuracy in costing and financial systems.
Support internal and external audit requirements related to costing and inventory valuation.

Cross-Functional Collaboration

Partner with Sales, Engineering, Supply Chain, Manufacturing, and Finance teams on commercial evaluations.
Provide financial insights for business decisions, customer negotiations, and operational improvements.
Support management with ad-hoc financial analysis and strategic projects.

JOB REQUIREMENTS

Bachelor’s degree in finance, Accounting, or related field required
CA- Inter, MBA or CFA preferred
10+ years of relevant experience in Finance in a Manufacturing environment.
Team player with excellent communication and interpersonal skills, with the ability to interact with senior executives, peers, junior members and external partners
Adept at identifying priorities, taking initiative and ownership
Highly organized, hands-on and detail oriented
Ability to recognize improvement opportunities and execute
Strong computer skills, including Microsoft Word, Excel, and PowerPoint