Job Description

Working at Freudenberg: We will wow your world!

Responsibilities:

• Management of Accounts Receivable (AR) Accounts Payable (AP) Treasury -Accounts Receivable (AR) : Supporting accounting aspects of AR, including accurate recording of customer invoices and receipts. Verification of daily transactions related to customer receipts to ensure timely and correct application of payments. TDS (Tax Deducted at Source) certificate issuance (non-salary, if related to customer payments) to comply with tax regulations and provide documentation to customers. Accounts Payable (AP) : Supporting accounting aspects of AP, ensuring vendor invoices are recorded and processed accurately. TDS payments, returns, and query resolution (vendor-related) to maintain compliance and resolve discrepancies. Verification of vendor invoices and payments to ensure timely disbursements and accurate financial reporting. Salary processing (if vendors include payroll services), ensuring payroll-related vendor payments are handled correctly. Treasury: Monitoring daily fund position to manage liquidity and ensure sufficient funds for operational needs. Bank payments and coordination with bankers to execute transactions and maintain banking relationships. Bank guarantees: text verification, processing, and control to support business commitments and mitigate financial risks. Letter of Credit (LC): draft checking, document submission, and control to facilitate international trade and ensure compliance with terms

• Account Management: Accounting function: JVs (Journal Vouchers), GL (General Ledger) reconciliations, cost control to maintain accurate books and manage expenses. Daily transaction verification to ensure integrity and accuracy of financial data. Support for AR/AP accounting to ensure seamless integration and reconciliation of receivables and payables. Control and compliance of bank guarantees and LC documentation to uphold financial governance and risk management

• Reporting: Monthly, quarterly, annual group reporting to provide stakeholders with financial performance insights. Preparation of financial reports, annexures, and schedules to support internal and external reporting requirements. Audit support: financial and tax audits, including preparation of documentation and responses to auditor queries

• Compliance and risk management: ensure compliance with internal financial controls, accounting standards, and external regulations in collaboration with external / internal audit teams and legal and tax depts. Establish effective controls as well as a diligent and effective remediation of findings of internal / external audits

• Within Finance Function: Assist plant and finance controllers with daily operations and monthly closing activities. Prepare and submit internal reports, schedules, and reconciliations. Generate ad-hoc reports and data sets for internal reviews and audits

• Managing Resources: develop and mentor a high-performing team, fostering a culture of collaboration, professional development, and continuous improvement within the department. Provide training and development opportunities to enhance team skills and knowledge

• Project Management / Support: ensure support / steer local and global projects in Finance

Qualifications:

• Chartered Accountant (CA) with a strong foundation in financial and accounting principles

• 25+ years of professional experience in Finance and Accounting, including at least 5 years of hands-on experience with SAP S/4 HANA (Suite 4 High-performance Analytic Appliance) in MNC (Multinational) with Engineering Manufacturing setups. Proven experience of 10+ years managing finance and accounts teams

• Knowledge of IFRS (International Financial Reporting Standards) is an added advantage

• Required Specific Technical Skills and Knowledge -IFRS (International Financial Reporting Standards) and IGAAP (Indian Generally Accepted Accounting Principles), Taxation, Banking procedures. Customs procedures

• Strong leadership and communication skills with the ability to influence stakeholders at all levels

• Demonstrated experience in leading and inspiring diverse teams

• Strategic mindset with the ability to drive change and innovation. Excellent problem-solving and analytical abilities

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The Freudenberg Group is an equal opportunity employer that is committed to diversity and inclusion. Employment opportunities are available to all applicants and associates without regard to race, color, religion, creed, gender (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, mental or physical disability, genetic information, marital status, familial status, sexual orientation, protected military or veteran status, or any other characteristic protected by applicable law.

Freudenberg Filtration Technologies India Private Limited