Head Finance - CIT

Function

Finance

Pay Band

M3 to M5

Role

The role around Manage the Finance Function of CIT Jaipur by optimising the resources available and ensure to meet all the deadlines and compliance with accuracy. To be part of CIT Leadership Team and support them in new initiatives to provide them valuable information to create database for benchmarking

A purpose driven role for you

Better Risk Management to mitigate the risk involved:
Construct and monitor reliable control systems
Ensure that the CIT complies with all legal and regulatory requirements
Maintain relations with external agencies
Reconciliation of vendors accounts on regular basis to avoid any financial loss
Analysis of Debit Balance time to time to have better control


Financial Leadership for better financial reporting and cost management
Developing financial data/tools to provide accurate information to the senior management team.
Ensuring double check system to avoid any discrepancy in payments
Participate in commercial Negotiation to Minimize the cost


Manage Audits
Ensure quarterly and yearly Statutory audit with minimum observations
Ensure various Internal Audits with minimum observations
Manage external Audits – Excise and Service tax, GST


Improve resource management to have better productivity
Mentor and develop proper team to cater the organization goal
Arranging training wherever needed and having healthy discussion with team to have positive environment in the department
P Proper Allocation of Work to have a healthy occupancy level of the team


Create R&D support system
Participation in CIT leadership meetings to provide Financial Inputs
Understand R&D finance requirements & arrange to develop systems



Create Database for future Benchmarking
Projects spending Activity wise
Man hour spent on Projects activity wise


Closely coordinate and support the Finance activities of TCG- Germany
Review of ABP
Monthly Invoice Approvals
Review of Large Capex
Monitoring of Actual Spend
Stakeholder Management along with Finance Head for TCG


Drive Financial Analytics for the assigned BU
Performance evaluation of the projects in R&D facility
Competition benchmarking to understand the trends and analyse the outside-in perspective

A Day in the life

The role around Manage the Finance Function of CIT Jaipur by optimising the resources available and ensure to meet all the deadlines and compliance with accuracy. To be part of CIT Leadership Team and support them in new initiatives to provide them valuable information to create database for benchmarking

Academic Qualification & Experience

CA
12-15 Yrs. Exp.

Technical Skills/Knowledge

Accounts, Direct & Indirect Tax, SAP

Behavioural Skills

Inter personal skills, Leader & Team Player 

What will it be like to work for Hero

As the world’s largest manufacturer of motorcycles and scooters for the last 22 years, Hero is where you will get to work with the brightest innovators, passionate about being the best in what they do. You will become a part of India’s proudest legacy, a brand that is celebrated by 110 million Indians and is now taking over the world with its manufacturing superpower. If you are someone who dreams big and goes after their dreams with absolute conviction, Hero is your place to be. At Hero, we are building a cutting-edge future of mobility, pushing frontiers of innovation and aiming for the very best. Choose to be with the best, choose to be your best.

About Hero

Headquartered in New Delhi (India), Hero MotoCorp is the world's largest manufacturer of motorcycles and scooters for 22 consecutive years. We are at the forefront of developing modern, technologically superior and eco-friendly mobility solutions for its millions of customers around the world. Hero MotoCorp has rapidly transformed into a true multinational organization with a presence in 47 countries across Asia, Africa, Latin America and the Middle East. We have achieved the coveted milestone of 110 million cumulative production and sales since inception. Aligned with its Vision “Be the Future of Mobility”, Hero MotoCorp plans to achieve its next 100 million sales by 2030. We have a globally benchmarked manufacturing and Research & Development (R&D) ecosystem that is spread across global geographies. Its R&D facilities are located in India and Germany - the Centre of Innovation and Technology (CIT) at Jaipur, India, and the Tech Centre Germany (TCG), near Munich. Hero MotoCorp’s eight ‘green’ manufacturing facilities are spread across India (6), Colombia (1) and Bangladesh (1). Hero MotoCorp is the pre-eminent leader in the Indian two-wheeler market. It is the only motorcycle manufacturing company listed in Dow Jones Sustainability Index. In 2022, Hero MotoCorp launched a separate brand for emerging mobility solutions, including Electric Vehicles (EV) - VIDA, Powered by Hero. VIDA has commenced sales of VIDA V1 – its first EV – in India and plans to launch the product in global markets. We are one of the largest global corporate promoters of multiple sporting disciplines. Hero is globally associated with golf, football, field hockey, cricket and motorsports. Hero MotoSports Team Rally is one of India’s flag-bearers in global rally racing. The iconic golfer Tiger Woods is Hero MotoCorp’s Global Corporate Partner. Read more about us. Be with the best. Be your best. Catch-up on all our latest openings. Recruitment assessments – We at Hero are equal opportunity employer and committed to a policy of treating all its employees and job applications equally. Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.