JV Chief Financial Officer (Location- Chennai)

Requisition Number: 62325

Corning is vital to progress – in the industries we help shape and in the world we share.

We invent life-changing technologies using materials science. Our scientific and manufacturing expertise, boundless curiosity, and commitment to purposeful invention place us at the center of the way the world interacts, works, learns, and lives.

Our sustained investment in research, development, and invention means we’re always ready to solve the toughest challenges alongside our customers. 

Corning’s businesses are ever evolving to best serve our customers, industries, and consumers. Today, we accelerate and transform life sciences, mobile consumer electronics, optical communications, display, and automotive markets. We are changing the world with: 

•    Trusted products that accelerate drug discovery, development, and delivery to save lives
•    Damage-resistant cover glass to enhance the devices that keep us connected
•    Optical fiber, wireless technologies, and connectivity solutions to carry information and ideas at the speed of life
•    Precision glass for advanced displays to deliver richer experiences 
•    Auto glass and ceramics to drive cleaner, safer, and smarter transportation 

Job Location: Chennai

Roles to handle:
•    Accounting
•    Controlling 
•    Reporting
•    Taxation
•    Treasury
•    Secretarial 

Responsibilities
•  Drive the company’s financial planning
•  Perform risk management by analyzing the organization’s liabilities and investments
•  Decide on investment strategies by considering cash and liquidity risks
•  Control and evaluate the organization’s fundraising plans and capital structure
•  Ensure cash flow is appropriate for the organization’s operations
•  Supervise all finance personnel (controllers, treasurers etc.)
•  Prepare reliable current and forecasting reports
•  Set up and oversee the company’s finance IT system
•  Ensure compliance with the law and company’s policies
•  Manage team of financial controllers and financial analysts.

A Financial Controller’s duties and responsibilities generally include:

Reporting
•    Project Cost Management and reporting
•    Developing financial strategy, including risk minimisation plans and opportunity forecasting
•    High-level financial reporting and analysis to guide decision making
•    Monthly/ Periodical timely reporting for Group consolidation purpose
•    Regular budget and forecast preparation and reporting 
•    Stakeholder management including JV board
•    Inter Company Reporting

Financing:
•    Cash flow management
•    Debt management with lenders
•    Financial strategy: Developing financial strategy, including risk minimization plans and opportunity forecasting.
•    Working capital management 
•    Liasioning with state and central govt authorities for incentives realisation

Controlling, taxation (others):
•    Improving efficiencies and reducing costs across the business
•    Ensuring compliance with local laws, tax provisions and relevant industry and financial regulations.
•    Strong experience in capitalisation 
•    Developing financial reviews and providing comments and process improvements. 
•    Working closely with management or executive teams to share reports and analysis findings
•    Liasoning with external and internal auditors
•    Creating and monitoring company policies and internal controls, especially spending controls, to safeguard company assets.
•    Strong documentation with respect to Inter Company/ Related party Transactions
•    Lead ERP or other IT system enhancements Projects for India

Skill set:
•     Ability to strategize and solve problems
•     Strong leadership and organizational skills
•     Excellent communication and people skills
•     In depth knowledge of corporate financial law and risk management practices
•     Excellent knowledge of data analysis and forecasting methods
•     Well-developed leadership skills
•    Mentoring
•    Team management

Financial Controller job qualifications and requirements
•    15+ years of experience in Finance and Accounts including taxation and strong experience in manufacturing. 
•    15+ years CA qualification experience 
•    Company Secretary will be added advantage
•    Proven experience as CFO, finance officer or relevant role
•    Experience of working with Big Internationally repute Internal and External audit and tax firms is an added advantage
•    Multi-national working experience is must
•    Exposure in Treasury for Manufacturing Company (including all RBI and FEMA) 
•    Regulatory working knowledge
•    Proficient in data collection/extraction/validation and use of advance level of MS Excel and Power point Presentations
•    3+ years of progressive experience in financial management a big plus  
•    Experience of Internal Control or Process Excellence strongly preferred
•    Knowledge of India GAAP, IAS and US GAAP is plus
•    Experience with SAP including ERP transition strongly preferred
•    Will be part of leadership team of the Company 
•    Tamil language is must.
•    Greenfield project exposure is plus
•    Working experience in listed company is preferered 

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. To request an accommodation, please contact us at accommodations@corning.com.