The Walter GroupThe Walter Group is one of the leading companies in the metalworking industry. With the competence brands Walter, Walter Titex, Walter Prototyp, Walter Multiply and Walter FMT we offer a unique and comprehensive range of high-tech tools and services for turning, drilling, threading and milling. We are increasing productivity and competitiveness of our customers with technologically advanced machining solutions. More than 3,600 personnel worldwide contribute to our success through their competence and commitment.Walter is a global company with HQ based out in Germany & it has operation globally. The mission of the company is to deliver quality technical solutions to customers. Also, as far as people are concerned Walter believes in working & succeeding as team.For further details, please refer to the website: www.walter-tools.comPosition : Head of Finance and Business Controlling Reporting : Reports to the Managing Director (India) & Senior Controller (ASIA)Location : PunePosition Summary:Finance Manager supports Walter India (WIN) Managing Director and Regional Senior Controller in running and orchestrating the financial and business rhythm for Walter India. He/she is responsible for Business performance management, Annual/Quarterly forecasting & analysis, Accounts Receivable, Account Payable, General Accounting, Direct and Indirect tax, business insight across Walter India. He/she drives the Profitability Framework and Business analysis. Candidate should be comfortable working in MNC matrix organization structure. This position will be the trusted financial advisor for the Managing Director.Broad outline of duties and responsibilitiesFinancial Reporting, Planning & Analysis Full responsibility of corporate financial reporting to Walter GroupPreparing Quarterly forecasted financial statementsManage Annual Budget processAnalyzing variations of actual against forecastsAnalyzing costs and working capital elements (AR, Inventory), drive improvement processBusiness Controlling & Performance Management Product wise margin analysis and product cost analysis to help management to take pricing decisions.Tracking and following up data quality (CRM, process flow)Supporting continuous improvement managementSales controlling support related to sales pipeline, customer portfolio activities, sales efficiency.Active support of the Digital Transformation and related processes with a strong focus on process standardization and automation Internal Controls and Compliance Ensure compliance of internal controls in finance department areaEnsure all account reconciliations are timely completed as per standard Walter policyEnsure corrective actions are taken on recommendations by internal auditorsEnsure compliances of Walter Accounting policies and principlesAccounts & Audit Sound understanding of accounting standards as per Indian GAAP.Responsible for managing the general accounting function. Oversee the completion of ledger accounts and financial statements.Provide leadership & direction in areas of Accounts receivable, Accounts Payable, Fixed Assets, Costing and General ledgerPreparation of financial statements, finalization of accounts for statutory audit.Ensuring timely completion of statutory audit/ internal audit.Independent handling of Tax audit and certifications etc.Corporate Taxation Manage direct tax compliances of the company (incl. transfer pricing)Manage in-direct tax compliances of the companyFinalizing tax audit & income tax return for the companyTimely completion of Quarterly TDS returns, CST Assessment, Advance tax payments, Service tax etc.Preparing submissions for income tax appeal cases and appearing for Tax Assessments and appeal cases hearingMigration to GST lawPersonal Leadership Attract, retain and develop the best talentProvide leadership to a small team of peopleSet directions and ensure clear organization roles.Foster a culture of accomplishment and innovationBehaviour and Skills: Living the core values: Fair Play, Team Spirit and Open MindsetShowing accountability & compliance to rules and regulationsPro-active Coach and Mentor Thinks and acts analyticallyKnows how to utilize assigned resources to deliver resultsHas an open-minded, agile and solution-driven mindsetIs a driver of future-oriented / digitized business operationsFluent in EnglishDesired Profile:Education : Chartered AccountantExperience : 12-15 years of post-qualification experienceComputer Knowledge: Windows - Word, Excel, Power Point - Soundknowledge expectedCandidates should have worked on ERP systems -SAP S/4 & SAP BW - One Steam consolidation tool.Knowledge of SAP Business objects will be addedadvantage.MIS - Sound knowledge expectedHow to applyYou may upload your updated profile in Workday through your login against the JR No. : R0073409, no later than December 02, 2024.Or Please send your application by registering on our site Career and uploading your CV against JR No. : R0073409on or before December 02, 2024.