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General Manager: Head - Accounting & Finance

  • Job
    Full-time
    Expert Level
  • Accounting & Tax
    Business, Operations & Strategy
  • Mumbai

AI generated summary

  • You must be a Chartered Accountant with 15-20 years in finance, expertise in Ind AS/IFRS, SAP-FI, compliance, and strong analytical skills. Leadership and communication skills are essential.
  • You will finalize financial statements, oversee global consolidation, ensure compliance with accounting standards, drive new implementations, support M&A efforts, and facilitate statutory audits.

Requirements

  • Qualification: Chartered Accountant
  • Desired Work Experience: 15-20 years in finance and accounting, with expertise in Ind AS/IFRS and consolidation processes.
  • Necessary Knowledge: Strong understanding of accounting standards, SAP-FI module, and Oracle EPM; compliance with Indian Companies Act.
  • Desired Industry and Sectors: Automotive, FMCG, Manufacturing, or any industry with a complex financial structure and global operations.
  • Proficiency in Ind AS, IFRS, and US GAAP.
  • Expertise in financial consolidation and statutory compliance.
  • Strong analytical and problem-solving skills.
  • Advanced proficiency in SAP, HFM, and MS Office tools.
  • Excellent oral and written communication.
  • Ability to collaborate with global stakeholders and cross-functional teams.
  • Leadership skills to manage teams and complex financial processes.

Responsibilities

  • Finalization and review of accounting positions for TMPVL standalone and consolidated quarterly/annual financial statements under Ind AS.
  • Oversee global consolidation, including JLR.
  • Ensure compliance with accounting standards for key policies such as revenue recognition, warranty provisions, product development expenses, employee benefits and inventory valuation.
  • Drive implementation and strategizing of new accounting standards for long-term organizational benefits.
  • Collaborate on Mergers & Acquisitions as a Cross-Functional Team (CFT) member.
  • Ensure classification/disclosure of financial statements meets legal and covenant requirements.
  • Benchmark critical accounting policies with global automotive industry practices.
  • Facilitate statutory audits, address auditor queries, and ensure timely completion.

FAQs

What is the primary purpose of the General Manager: Head - Accounting & Finance role?

The primary purpose of this role is to lead the review and finalization of Tata Motors Passenger Vehicles Limited's (TMPVL) accounting positions, ensuring compliance with Ind AS, Companies Act, and SEBI regulations, as well as managing new and complex transactions.

What qualifications are desired for this position?

The desired qualification for this position is to be a Chartered Accountant.

How many years of work experience is required for this role?

The role requires 15-20 years of experience in finance and accounting.

What industry experience is preferred for candidates applying to this role?

Preferred industry experiences include Automotive, FMCG, Manufacturing, or any industry with a complex financial structure and global operations.

Which accounting standards must the candidate be proficient in?

The candidate must be proficient in Ind AS, IFRS, and US GAAP.

What specific skills and competencies are emphasized for this position?

Emphasized skills include expertise in financial consolidation, statutory compliance, strong analytical and problem-solving skills, advanced proficiency in SAP and HFM, and excellent communication and leadership abilities.

Who are the internal stakeholders the General Manager will interact with?

Internal stakeholders include Plant Finance, GDC, Treasury, Business Teams (Sales, Marketing, HR, Production), and subsidiaries/affiliates/joint operations.

What is the involvement of this role in Mergers & Acquisitions?

The General Manager will serve as a Cross-Functional Team (CFT) member collaborating on Mergers & Acquisitions.

How often does the General Manager interact with the Audit Committee?

The General Manager prepares presentations on accounting matters for the Audit Committee on a quarterly and yearly basis.

What software proficiencies are necessary for this position?

Proficiency in SAP, Oracle EPM, and MS Office tools is necessary for this position.

Manufacturing & Electronics
Industry
10,001+
Employees
1945
Founded Year

Mission & Purpose

​Tata Motors Group (Tata Motors) is a leading global automobile manufacturing company. Its diverse portfolio includes an extensive range of cars, sports utility vehicles, trucks, buses and defence vehicles. The Tata Motors Group’s over 80,000 employees are guided by the mission “to innovate mobility solutions with passion to enhance quality of life".