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Finance Manager - Manufacturing/Operations (9-12 Years)
Veoneer Safety Systems, India · Bengaluru, Indiana, United States
About The Role
Job Title: Finance Manager - Manufacturing/Operations (9-12 Years)
Job Location: Bangalore
About Veoneer
- Veoneer is a world leader, and over the years, Veoneer has delivered more than 1.1 billion electronic control units and crash sensors to car manufacturers globally.
- Owned by AIP and headquartered in the U.S. Veoneer has approximately 2,550 employees in 11 countries.
- What you'll do?
Financial Planning & Analysis (FP&A)
- Own plant P&L with accurate monthly, quarterly, and annual close and reporting.
- Lead budgeting, forecasting, and long‑range planning for the plant.
- Drive variance analysis across COGS, overheads, productivity, scrap, and absorption.
- Link financial results to operational KPIs and shop‑floor drivers.
Cash Flow & Working Capital
- Manage rolling plant cash flow forecasts (daily, weekly, monthly).
- Optimize working capital across inventory, payables, and receivables.
- Track capex spend and conduct post‑implementation ROI reviews.
Cost Accounting & Costing
- Own product costing, standard cost updates, cost roll‑ups, BOMs, and routings.
- Maintain costing models covering material, labor, overheads, yield, and scrap.
- Ensure accurate overhead absorption, margin visibility, and pricing support.
- Identify and track cost and margin improvement opportunities.
Operations Finance Partnership
- Act as finance partner to Plant Manager and teams across Operations, Supply Chain, Engineering, and Quality.
- Support productivity initiatives, capacity planning, S&OP, and continuous improvement efforts.
Controls & Governance
- Ensure compliance with accounting policies, internal controls, and statutory requirements.
- Independently manage audits and strengthen inventory controls, cycle counts, and physical verification.
What will you bring?
Experience & Qualifications
- CA / ICWA / MBA (Finance) or equivalent.
- 9–12 years of manufacturing or plant finance experience with P&L and costing ownership.
- Experience operating independently in an individual contributor role without team management .
Skills & Capabilities
- Strong understanding of manufacturing economics and cost drivers.
- Advanced Excel and financial modeling; Power BI exposure preferred.
- ERP experience (QAD preferred) with strong process discipline.
Personal Attributes & Mobility
- Hands‑on, execution‑focused, and accountable for outcomes.
- Strong business partnering and influencing skills without formal authority.
- High integrity, analytical rigor, and attention to detail.
- Willingness to travel to manufacturing site on a monthly basis.
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