Job Description

At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world. Job Overview This position will lead the plant controlling and Govt Incentives function of the TE Connectivity Wagholi plant with revenue scope of 35MUSD. The position works closely with the Plant 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 labor and overhead rates that minimize operational variances and drive productivity and Savings programs 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. INCENTIVES SCOPE a) Coordinating with business functions and Tax team on all different state and central govt incentive schemes such as MSIPS/ SPECS/ PSI & MOOWR. b) Supporting to prepare the project report and projections for the above schemes. c) Coordinating with internal functions for the audit by govt. d) Documentation for the incentive schemes as per requirements. e) Coordinating with the consultants to file applications, returns and refunds. Desired Candidate Profile . MBA/ ICWA . 8+ 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) ABOUT TE CONNECTIVITY TE Connectivity is a global technology leader enabling a secure, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions have been proven in the most demanding environments, enabling advancements in transportation, industrial applications, medical technology, energy technology, data communications, and for the home. With approximately 85,000 employees, including more than 8,000 engineers, we work with customers in nearly 140 countries. TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Twitter. WHAT TE CONNECTIVITY OFFERS: We are pleased to offer you an exciting total package that can also be flexibly adapted to changing life situations - the well-being of our employees is our top priority! . Competitive Salary Package . Performance-Based Bonus Plans . Health and Wellness Incentives . Employee Stock Purchase Program . Community Outreach Programs / Charity Events . Employee Resource Group Across our global sites and business units, we put together packages of benefits that are either supported by TE itself or provided by external service providers. In principle, the benefits offered can vary from site to site.

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