Posted 7 days ago
Assistant Manager, Factory Accounts, Ballabhgarh
Job description
Primary Purpose of the Position As an Assistant Manager – Factory Accounts / Costing, you will play a key role in managing factory accounting, product costing, financial reporting, and statutory compliance. You will partner with manufacturing and cross-functional teams to ensure accurate financial reporting, maintain robust financial controls, support audits, and provide meaningful cost insights that enable informed business decisions. You will be responsible for: Factory Accounting & Financial Reporting Managing the monthly factory financial close by ensuring timely and accurate accounting of manufacturing operations. Preparing monthly factory MIS reports, including material cost, conversion cost, waste analysis, work-in-progress valuation, and manufacturing variance analysis. Calculating and analyzing manufacturing variances, including material, conversion, inflation, and waste variances, while identifying key business drivers. Performing production reconciliations, compound consumption analysis, waste reporting, and other month-end factory closing activities. Preparing monthly reconciliations, conducting financial analysis, and strengthening internal financial controls through timely resolution of identified gaps. Supporting regional and corporate reporting requirements by delivering accurate and timely financial information. Product Costing & Schedule Cost Management Calculating quarterly Schedule Costs and supporting V-Price releases. Maintaining accurate product cost master data and Bills of Material (BOM) within SAP. Preparing cost estimates for new product developments and supporting cross-functional stakeholders with timely costing information. Monitoring product costing trends and identifying opportunities to improve cost efficiency and data accuracy. Ensuring the integrity and accuracy of product costing information maintained within SAP. Audit, Compliance & Financial Governance Preparing schedules, reports, and supporting documentation for Cost Audit, Statutory Audit, and Internal Audit. Coordinating with auditors by providing financial information, reconciliations, schedules, and explanations during audit activities. Preparing statutory schedules, financial notes, and supporting documentation in accordance with Indian GAAP requirements. Supporting Board reporting requirements and ensuring compliance with statutory and regulatory obligations. Driving timely closure of audit observations and strengthening compliance processes. Factory Finance Operations Managing job work accounting, including schedule cost calculations and raw material reconciliations. Handling scrap sales accounting, billing, customer reconciliations, TCS reporting, and related statutory compliance. Supporting payroll accounting by preparing provisions and assisting in processing wages for regular employees, trainees, apprentices, and casual associates. Managing factory-related Accounts Payable activities, including payments to labor contractors, retainers, statutory authorities, and other factory vendors. Supporting factory Accounts Receivable activities related to scrap sales and customer account reconciliations. Coordinating physical verification and valuation of raw materials, work-in-progress, finished goods, and inventories held at factories, converters, and other storage locations. Preparing statistical reports and financial information for submission to government authorities and regulatory bodies. Business Partnership & Continuous Improvement Partnering with manufacturing and cross-functional teams by providing timely financial information and cost insights to support business decisions. Actively participating in local, regional, and global finance initiatives and special projects. Driving continuous improvements in finance processes, systems, reporting, and internal controls to enhance operational efficiency. Supporting automation and standardization initiatives to improve the effectiveness of factory finance operations. Job Specification: A Bachelor's degree in Accounting, Finance, Commerce, or a related discipline. A professional qualification such as CA, CMA, or an MBA (Finance) will be an added advantage. 5–7 years of experience in manufacturing finance, factory accounting, or cost accounting. Strong knowledge of product costing, inventory accounting, manufacturing variances, and financial reporting. Experience working with ERP systems, preferably SAP. Good understanding of Indian GAAP, IFRS, and US GAAP. Strong analytical, problem-solving, and financial reporting skills. Advanced proficiency in Microsoft Excel and the ability to manage complex financial data. Excellent communication and stakeholder management skills with the ability to collaborate effectively across functions. A continuous improvement mindset with a strong focus on accuracy, compliance, and delivering business value. #LI-PS1 Goodyear is one of the world's largest tire companies. It employs about 63,000 people and manufactures its products in 48 facilities in 19 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate Goodyear is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to any characteristic protected by law. At Goodyear, we make life's connections easier every day. People around the world count on us to get them where they need to go, now and into the future. But our relentless pursuit of forward motion doesn't just keep the world moving. It shapes a workplace that celebrates our different talents, experiences, and culture. It inspires us to continue developing our skills and encourages our career moves all while keeping us focused on building a better future for our associates, our business, and the planet. Come discover the opportunities ahead with Team Goodyear. Working at Goodyear A true member of the Goodyear hiring team will always interview candidates in-person or over the phone before extending any job offers. Candidates are never asked to download software, provide financial information or send payment as part of the employment process. Goodyear is committed to providing a website that is accessible to the widest possible audience, regardless of technology or ability. If you need reasonable accommodation to complete the online application, or any other part of the employment process, please call the Goodyear Candidate Care Line at 330.796.4500. When contacting us, please provide your name, telephone number, and email address, along with a description of your request for accommodation. Click here for more information about Equal Opportunity laws and here for related information. Reasonable workplace accommodations are considered on a case-by-case basis. Please note that only those inquiries concerning a request for a reasonable workplace accommodation will be responded to. Goodyear is an Equal Employment Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regards to that individual's race, color, religion or creed, national origin or ancestry, sex (including pregnancy), sexual orientation, gender identity, age, physical or mental disability, veteran status, genetic information, ethnicity, citizenship, or any other characteristic protected by law. Click here for more information about Equal Opportunity laws. See Goodyear’s EEO Policy Statement here. Notice: Federal law requires Goodyear to verify the identity and employment eligibility of all persons hired to work in the United States. Goodyear will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee’s Form I-9 to confirm work authorization. See posters below for details. E-Verify Participation Poster (English and Spanish) If you have the right to work, don't let anyone take it away. 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Skills and functions
- Finance
- Human Resources