The Role
Oversee daily finance operations, including financial close, MIS, reconciliations, banking, accounts receivable and payable, inventory, credit control, treasury, budgeting, audits, and statutory compliance. Provide financial analysis and management information to UK and India stakeholders, support the Financial Controller and CEO, and mentor finance staff. The role requires expertise in accounting within a manufacturing environment, cross-cultural collaboration, and proficiency with Microsoft Office and business systems.
Summary Generated by Built In
Job Purpose:
This is a full-time onsite role based in our Indian plant ( Nasik , Maharashtra). This role reports to Financial Controller, and the main objective of this role will be to provide accurate MIS. Achieved through delivery of an efficient day-to-day finance function whilst seeking to add value with detailed analysis supporting the Financial Controller to deliver a quality finance function for the business.
Key Accountabilities
These will include:
- Oversee day to day operations of the finance function
- Preparation and financial closing of books of accounts – MIS
- Perform reconciliations, including investigation and resolution of variances
- Banking & Finance
- Accounts Receivable Management
- Accounts Payable Management
- Inventory Management
- Credit control and order assessment
- Treasury – Within DoA levels
- Provide information for Budgeting, MIS and stakeholder management
- Support with Audit requirements and documentation (internal and external)
- Mentor to Finance assistant to strive for continuous improvement and team development
Qualifications, Experience & Skills
- Chartered Accountant/ Cost Accountant or semi qualified with experience of minimum 5 Year in Medium size company with T/O of around INR 25Cr to 50Cr. (MNE preferable)
- Minimum 8 to 10 years working experience and a minimum of 5 years
Job-Specific Skills – Key Strengths:
- Expertise in all aspects of Finance, Accounting, MIS, Budgeting
- Experience in collaborating with global/ cross cultural teams.
- Experience in interpreting financial data and experience in problem solving.
- Excellent business communication skills including English (written and spoken)
- Strong working ethic in the delivery of satisfying the profitable requirements and expectation of internal and external customers.
- Excellent organisational and time management skills
- Experience in working in an accounting manufacturing environment
- Able to work effectively with people from different cultures / backgrounds
- Strong computer skills with high level of proficiency in Microsoft office and other related business systems.
Behavioural Competencies
- Able to work under pressure & to challenging deadlines
- Able to focus on deliverables
- Able to confidently motivate team and progress team development
- Proactive can-do attitude, with structured thinking
- Interpersonal, initiative and analytical thinking
- Maintain a high level of self-motivation
Key Accountabilities
These will include:
- Oversee day to day operations of the finance function
- Preparation and financial closing of books of accounts – MIS
- Perform reconciliations, including investigation and resolution of variances
- Banking & Finance
- Accounts Receivable Management
- Accounts Payable Management
- Inventory Management
- Credit control and order assessment
- Treasury – Within DoA levels
- Provide information for Budgeting, MIS and stakeholder management
- Support with Audit requirements and documentation (internal and external)
- Support to CEO/Management - based both in the UK and India
- Statutory compliance – GST, Custom, DGFT, Income Tax, FEMA
- Mentor to Finance assistant to strive for continuous improvement and team development
Qualifications, Experience & Skills
- Chartered Accountant/ Cost Accountant with experience of minimum 5 Year in Medium size company with T/O of around INR 25Cr to 50Cr. (MNE preferable)
- Minimum 8 to 10 years post qualification working experience and a minimum of 5 years as Finance Manager or equivalent position.
Job-Specific Skills – Key Strengths:
- Expertise in all aspects of Finance, Accounting, MIS, Budgeting
- Experience in collaborating with global/ cross cultural teams.
- Experience in interpreting financial data and experience in problem solving.
- Excellent business communication skills including English (written and spoken)
- Strong working ethic in the delivery of satisfying the profitable requirements and expectation of internal and external customers.
- Excellent organisational and time management skills
- Experience in working in an accounting manufacturing environment
- Able to work effectively with people from different cultures / backgrounds
- Strong computer skills with high level of proficiency in Microsoft office and other related business systems.
Behavioural Competencies
- Able to work under pressure & to challenging deadlines
- Able to focus on deliverables
- Able to confidently motivate team and progress team development
- Proactive can-do attitude, with structured thinking
- Interpersonal, initiative and analytical thinking
- Maintain a high level of self-motivation
Skills Required
- Chartered Accountant, Cost Accountant, or semi-qualified accounting professional
- Minimum 8 to 10 years of working experience
- Minimum 5 years of post-qualification experience
- Minimum 5 years as a Finance Manager or equivalent position
- Experience in a medium-sized company with turnover of approximately INR 25 crore to INR 50 crore
- Experience in a multinational enterprise
- Experience working in an accounting manufacturing environment
- Expertise in finance, accounting, MIS, and budgeting
- Experience collaborating with global or cross-cultural teams
- Experience interpreting financial data and solving problems
- Excellent written and spoken English communication skills
- Strong computer skills and proficiency in Microsoft Office and related business systems
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The Company
What We Do
Lucy Electric is an internationally operating UK-based company in the industrial electrical sector. Headquartered in Thame, Oxfordshire, it maintains offices in Saudi Arabia, the United Arab Emirates, South Africa, Brazil, India, and Malaysia. It forms part of the Lucy Group, whose origins are believed to reach back to 1760 and whose company history dates from William Carter’s 1812 ironmongery shop.
