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Finance Manager
Royal IHC India Private Limited · Navi Mumbai, India
About The Role
- Carry out project assessment of actuals vs budget and liaise with operations and estimation team to
- understand and report variances
- Prepare weekly project update report of actuals vs budget
- Financial closing of projects in IFS and revenue recognition
- Maintain balance sheet integrity and reconcile general ledger accounts.
- Create and maintain internal control and implement new policies and procedures
- Responsible for local year end financial audit, tax audit and Tax Return
- Oversee indirect tax related matters and provide guidance where necessary
- Liaise with Company Secretary for company related compliances
- Oversee Payroll, Accounts Receivable, Accounts Payable and Indirect Tax matters
- Oversee Banking and Customs related compliance
Qualification & Experience
- Strong financial accounting skills and commercial understanding of business drivers
- Ability to collaborate with senior management and board members.
- Ideally 2-3 years of experience in Chartered Accounting Firm or Internal Financial Audit
- Experience in international companies desirable
- Overall 10+ years of experience post qualification
- Experience in local banking, import and export compliance is necessary
- Bachelor’s degree in Accounting or Commerce is required
- Experience in large ERP system like SAP, JD Edwards, Oracle is necessary
- Highly proficient in English
- Excellent excel skills. Good in other Microsoft software
- Excellent communication, Time management and problem solving skills
The Role
- The Finance Manager is responsible for leading finance operations, strengthening internal controls, supporting
- regional business units, and ensuring consistent financial governance across India, MEA, and APAC regions. The
- role oversees finance teams, shared services, policies, reporting, audits, ERP improvements, commercial
- evaluations, and statutory compliance in alignment with corporate strategy.
Key Roles & Responsibilities
- Lead and develop a team of up to 10 finance and shared service staff.
- Create and roll out business process outsourcing from NL and the surrounding MEA,APAC region to
India and build an appropriate shared service team in India.
- Support in-country General Managers of other entities in MEA and APAC region to help roll out
corporate strategy and build and evaluate investments, expansion other strategic business case.
- Create new policies and efficiency plans, both systems based and procedural alignment for India
- Prepare monthly, Quarterly forecast, long term planning and scenario modelling for each region
including P&L, Balance Sheet and Cashflow modelling.
- Drive IFS (ERP) improvement and automation and adaptation.
- Streamline finance reporting across countries, like standardising way of working, and reporting in our
ERP and Finance programs
- Liaise with Corporate Disciplines (Legal, Tax, Treasury, Insurance) and local
- subject matter experts
- where necessary
- Carry out Internal audit of processes for GL/Finance related matters
- Estimate/Proposal and undertake commercial and financial risk evaluationof all proposal >€ 100k
- Establishing and monitoring the alignment of business practices of local offices with that of IHC
requirements and internal controls
- Ensure adherence to global policies, regional frameworks and local regulations and identify
opportunities and risks that these policies can provide.
- Support local HR, Operations and other departments to manage alignments with business objectives
- Optimize regional cash management and undertake future cashflow planning for working capital and
investment case. Liaise where required with HQ Treasury and local Indian banks
- Take responsibility for entire monthly reporting for local management accounts
- Prepare the month end binder and work with the team to carry out closing in IFS
- Prepare and present the monthly finance report to the local stakeholders and prepare budget vs actual
analysis and any additional Corporate Reporting
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