Site Finance Manager

Posted Yesterday
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Shahjahanpur, Shāhjahānpur, Uttar Pradesh, IND
In-Office
Senior level
Transportation
The Role
The Site Finance Manager will oversee finance operations for services, manage budgets, drive performance monitoring, collaborate with cross-functional teams, and ensure compliance with financial standards.
Summary Generated by Built In
Job Description

It’s not just about your career or job title… It’s about who you are and the impact you will make on the world. Because whether it’s for each other or our customers, we put People First. When our people come together, we Expand the Possible and continuously look for ways to improve what we create and how we do it. If you are constantly striving to grow, you’re in good company. We are revolutionizing the way the world moves for future generations, and we want someone who is ready to move with us. 

 

Who are we?  

 

Wabtec Corporation is a leading global provider of equipment, systems, digital solutions, and value-added services for freight and transit rail as well as the mining, marine, and industrial markets. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation, and Faiveley Transport, the company has grown to become One Wabtec, with unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems. 

 

Wabtec is focused on performance that drives progress and unlocks our customers’ potential by delivering innovative and lasting transportation solutions that move and improve the world. We are lifelong learners obsessed with making things better to drive exceptional results. Wabtec has approximately 27K employees in facilities throughout the world. Visit our website to learn more! 

 

 

Role Summary/Purpose

This site Finance Leader position will own the Shed Services Finance Operations and India Services Sourcing finance portfolio. Ability to build strong engagement with Finance stakeholders, Global & India Regional team- will be key to success.

 

This position will report into Services Finance Leader.

 

 

Essential Responsibilities

Responsibilities includes but not limited to: -

 

Role shall partner with cross-functional Global and Local team to drive and improvise the process set-up, IT set-up and real-time visibility for all key metrics.

 

Services Operations:

  • Own entire shed operating expenses (fixed and variable).

  • Develop accurate and predictable forecasts. 

  • Drive business performance, monitor KPIs

  • Report Financials in comparison with IOP, Pacing and clearly explain variances. Ensure deep understanding of all the cost drivers behind variances.

  • Manage working capital metrics like Inventory and A/Payable (including control over PRs/POs, BGs, GRN workflows, PPV analysis)

  • Involve and support analytics for productivity and cost optimization projects on Site Opex, People cost, consumables and Inventory levels optimization

  • Ensure adequate control over Site Fixed Assets, capitalization processes and timelines, along with physical verification.

  • Support Internal and Sox audits related requirements

 

• Services Sourcing:

  • Develop deep understanding of Services materials model

  • Drive real-time visibility and analytics on Services sourcing Deflation, Material Variances v/s standard costs. Logistics costs v/s standard

  • Partner with logistics ops team around processes for establishing base line for inbound transportation costs. Develop tools, approval methodology, hierarchy for exceptions – change in mode of transport, expediting charges, etc.

  • Partner with Sourcing and ensure compliance to contractual terms – year over year productivity, linkages to FX, Indices, Supply Pay terms, Supplier bill discounting, etc.

 

• Services Commercial Finance responsibilities: for developing new business models like Spare parts, and for tendering/bid management

 

• Own Site FP&A and integrate with corporate FP&A function

 

 

 

Qualifications /

Requirements

• CA/CWA/MBA post Finance Graduation (B.com)

• A minimum of 8-10 years’ work experience in Operations and Sourcing, exposure to commercial finance will be added advantage

• Strong information systems/ERP system experience (preferably Oracle)

 

 

Desired Characteristics

• Strong analytic skills
• Excellent communication skills
• Ability to work with cross functional teams in complex environment
• Strong Excel & PowerPoint skills in data compilation & analytics. Exposure to ERP will be added advantage

• Good understanding of financial compliance: IGAAP, USGAAP
• Clear thinking / problem solving skills to lead cross-functional projects/process improvement within operations/finance function; able to quickly grasp new ideas

Our Commitment to Embrace Diversity:  

 

Wabtec is a global company that invests not just in our products, but also our people by embracing diversity and inclusion. We care about our relationships with our employees and take pride in celebrating the variety of experiences, expertise, and backgrounds that bring us together. At Wabtec, we aspire to create a place where we all belong and where diversity is welcomed and appreciated.    

 

To fulfill that commitment, we rely on a culture of leadership, diversity, and inclusion. We aim to employ the world’s brightest minds to help us create a limitless source of ideas and opportunities. We have created a space where everyone is given the opportunity to contribute based on their individual experiences and perspectives and recognize that these differences and diverse perspectives make us better.  

 

We believe in hiring talented people of varied backgrounds, experiences, and styles… People like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know. 

 

Additional Information

What could you accomplish in a place that puts People First?

At Wabtec, it’s not just about a job - it’s about the impact you make. When our people come together, we’re Expanding the Possible by continuously improving what we do and how we do it - for our clients and each other.

If you’re ready to revolutionize how the world moves for future generations, Wabtec is the place for you.
 

Who are we?

Wabtec is a leading global provider of equipment, systems, digital solutions, and value-added services for the freight and transit rail sectors. Drawing on more than 150 years of experience, we are leading the way in safety, efficiency, reliability, innovation, and productivity. Whether it’s freight, transit, ports, logistics, mining, industrial, or marine, our expertise, technologies, and people together – are accelerating the future of transportation. With roots that date back to George Westinghouse, Thomas Edison, and Louis Faiveley, Wabtec has always built technologies and implemented solutions for a variety of sectors that are critical to meeting the needs of customers and governments alike.

Our global team of about 30,000 employees worldwide delivers performance that moves the world forward. We’re lifelong learners, obsessed with better. Learn more at www.WabtecCorp.com.

Culture powers us and the possibilities.

We believe the best ideas come from a mix of experiences and backgrounds. At Wabtec, we strive every day to create a place where everyone belongs. We’re building a culture where leadership, inclusion and your unique perspective fuel progress.

We’re proud to be an Equal Opportunity Employer. We welcome talent of all backgrounds, experiences, and identities, including race, gender, age, disability, veteran status and more.

Need accommodation? Just let us know - we’ve got you.

Skills Required

  • CA/CWA/MBA post Finance Graduation
  • A minimum of 8-10 years work experience in Operations and Sourcing
  • Strong information systems/ERP system experience (preferably Oracle)
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The Company
HQ: Pittsburgh, PA
10,001 Employees
Year Founded: 1872

What We Do

Transportation solutions that move and improve the world At Wabtec, we help our customers overcome their toughest challenges by delivering rail and industrial solutions that improve safety, efficiency and productivity. Wabtec is a leading global provider of equipment, systems, digital solutions, and value-added services. Whether it's freight rail, transit, mining, industrial or marine, our expertise, technologies, and people - together - are accelerating the future of transportation.

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