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Finance Assistant Plant Controller

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Date: Apr 8, 2021

Location: Pune, MH, IN, 410501

Company: Corning

Requisition Number: 45163

 

Corning is one of the world’s leading innovators in materials science. For more than 160 years, Corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed people’s lives.

Corning succeeds through sustained investment in R&D, a unique combination of material and process innovation, and close collaboration with customers to solve tough technology challenges.

Our Optical Communications segment has recently evolved from being a manufacturer of optical fiber and cable, hardware and equipment to being a comprehensive provider of industry-leading optical solutions across the broader communications industry.This segment is classified into two main product groupings – carrier network and enterprise network. The carrier network product group consists primarily of products and solutions for optical-based communications infrastructure for services such as video, data and voice communications. The enterprise network product group consists primarily of optical-based communication networks sold to businesses, governments and individuals for their own use.

 

Function/Dept Purpose Statement: -

  • Ensures entity compliance with local regulations, GAAP accounting principles and Corning policies and procedures.
  • Manage the plant closing process and ensure reporting is timely and accurate.
  • Responsible for preparation of reconciliations and the analysis of expenses to ensure financial accuracy. Key resource for plant personnel on operating expenses, supply chain transactions and the capitalization of assets.
  • Responsible for key financial and internal control processes such as SOX documentation updates and inventory and asset physicals.
  • Responsible for all type of internal and external audits like Statutory Audit, Tax Audit, Internal controls audit etc.
  • Responsible for RTP (Receipt to Pay) end to end processes and activities.

 

Day to Day Responsibilities

  • Ensures entity compliance with local regulations, US / IND AS/ IFSR accounting principles and Corning policies and procedures.
  • Responsible for managing the period closing process preparation including posting of vouchers and accuracy of the general ledger.
  • Ensures that required reporting is completed accurately and on a timely basis. Provides ad-hoc financial analysis for plant controller and staff.
  • Assists Plant Controller with the financial portion of the budget and five year planning process for the Division.
  • Assists Plant Controller with the monthly business financial closing and reporting and forecasting
  • Assists Plant controller with monitoring and reports division financial performance to division management and plant management. Highlights variances that need corrective action.

 

Analytical Support

  • Prepare financial presentations for Plant Leadership
  • Validate financial results within Plant and confirm to Corning corporate
  •  Prepare monthly financial reports for Corning corporate and plant

 

Assist in statutory reporting & Sarbanes Oxley compliance:

  • Prepare quarterly / monthly regulatory reporting package, support account reconciliations
  • Requires the ability to communicate financial concepts and financial performance to non-finance team.
  • Involved in developing, modifying, and executing company policies that affect immediate operation(s) and may also have company-wide effect.

 

Minimum Requirements: 

  • Extensive knowledge of IND AS, US GAAP & IFRS.
  • Chartered Accountant / CPA 
  • 6-8 years of progressive accounting / finance roles in an international company.
  • Manufacturing/Cost Accounting experience

 

Nice to have: -

  • Understanding of Sarbanes Oxley requirements.
  • 1-3 years of Supervisory experience
  • Prior experience of bringing a US manufacturing company to India and setting up the finance function around the plant and the entity