Finance Manager
Royal IHC · Navi Mumbai
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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