Job Information
Safran Finance Manager - Manufacturing M/F in N°1, India
Finance Manager - Manufacturing M/F
Vacancy details
General information
Entity
Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 100,000 employees and sales of 27.3 billion euros in 2024, and holds, alone or in partnership, world or regional leadership positions in its core markets.
Safran is in the 2nd place in the aerospace and defense industry in TIME magazine's "World's best companies 2024" ranking.
Safran Electronics & Defense offers its customers onboard intelligence solutions allowing them to understand the environment, reduce mental load and guarantee a trajectory, even in critical situations, in all environments: on land, at sea, in the sky or space. The company harnesses the expertise of its 13,000 employees towards these three functions: observe, decide and guide, for the civil and military markets.
Reference
2025-164083
Position description
Domain
Performance and Support
Job field / Job profile
Finance and management - Management control
Job title
Finance Manager - Manufacturing M/F
Employment type
Permanent
Part time / Full time
Full-time
Job description
Job Summary:
Within a new organization, you will be in charge of managing Finance for Manufacturing within SED Services India. You will be attached in direct line to the Finance Controller (TBC) and local CFO and in dotted line to the local COO. Acting as a Business Partner, you will represent Finance within a cross-functional team dealing with manufacturing activities within an industrial environment.
There is an ERP project to structure the new organization.__
Responsibilities and Duties
Structuration
Help the Finance stream within new ERP project (SAP B1)
Put in place the financial organization and tools to support manufacturing activity.
Define relevant KPI to monitor performance of manufacturing activity.
Finance Controlling, Accounting & Treasury
Preparation and analysis of monthly, quarterly, and annual financial statements in accordance with GAAP standards (Standalone and Consolidated IFRS). Consolidation must be as per timelines given by head quarters. Assess the accounting methodology to be used contract per contract.
Monitor cash flows and Working Capital Requirement for manufacturing activity.
Ensure the monthly closing and contribute to the annual financial statements' preparation.
Reconciliation for related party balance confirmation and elimination for consolidation process.
Responsible for completion of quarterly and annual statutory audit activity on time.
Prepare reports and analyze all metrics for all financial plans
Responsible for ensuring that new accounting pronouncements are appropriately applied by the various entities within the company.
Preparation of various Management reports. Provide effective analysis of monthly P&L, B/S, Cash flow to Finance Controller and CFO
Implementing financial MIS solutions and driving process improvements within a corporate finance environment.
Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
Manage the current financial performance of manufacturing product lines; you will work closely with Production Manager(s). You will put in place a system to monitor financial trajectory compared to Budget target and propose mitigation actions in case of discrepancy.
Establish and monitor the standard costs for Part Numbers in production.
Monitor overheads and propose mitigation actions in case of discrepancy to the budget.
Perform, with the help of cross-functional team, the financial forecast (Rolling Forecast, Budget, Actualization & Mid-Term Plan).
Contribute to the elaboration of new commercial offers and/or new business model by assessing all profitability and cash flow impacts.
To understand and comply with Export Oriented Unit organization processes and related compliance
But what else? (benefits, specificities, etc.)
Working Conditions
Employment Type: Full-time
Work Environment: Bangalore - Factory is based in Devanahalli and office is based in White Field
Remote work / Hybrid / on site: On site
Travel: Some travels, in India or in Europe (France & UK) could occur.
Candidate skills & requirements
Skills and Qualifications
Education:
• CA / ICWA / Master 's Degree in Finance from a good Business School
Experience:
• Minimum 6-8 years of working experience in a MNC Group / working with one of the top audit firms in India
• You are familiar with industrial business, including establishing standard costs and ideally, been part of a new business set-up (structuring new ERP set-up)
• Hands-on experience of preparation of financials statements and financial planning and analysis
• Should be a Team player, self-motivated
Technical Skills:
• Expert knowledge of Indian Accounting standards and IFRS
• You are used to usual office software (MO365) and trained on SAP EEC6.
Behavioral Skills:
• You will evolve in a strong multi-cultural environment. English is mandatory as daily working language.
• As Finance Business Partner, you are comfortable to share your opinions and ideas while benevolent to other people suggestions.
• Should be a Team player, self-motivated
Position location
Job location
Asia, India
City (-ies)
N°1, Kundalahalli Village 560 066 Bangalore
Candidate criteria
Minimum education level achieved
Bachelor's Degree
Minimum experience level required
More than 8 years