Triumph is one of the world’s largest intimate apparel companies. It enjoys a presence in over 80 countries with the core brands Triumph® and sloggi®. Globally, the company serves 20,000 wholesale customers and sells its products in more than 2,300 controlled points of sale as well as via several own online shops. The Triumph Group is a member of the amfori Business Social Compliance Initiative (amfori BSCI).
Learn more about Triumph on:
www.triumph.com
www.facebook.com/Triumph/
www.instagram.com/Triumph/
www.linkedin.com/company/triumph-international/
Our Corporate Finance Department in Chennai is looking for a
Senior Finance Manager
Your Responsibilities:
Factory Finance
- Function as business partner of production centre to the local and global management team
- Work with business leaders to drive margin improvements across production centre activities. Work closely with Group Finance teams to improve transparency and cost efficiency by delivering top quality analytics and insights
- Create factory specific financial reports, maintaining clarity on product costs
- Drive input collection from various departments and functions to prepare budgets and forecasts.
- Quarterly (monthly) review of headcount utilization, evaluation of resource requirements considering utilization and production schedules
- Maintain standard cost, create variance reports, review with business and management to determine the need for any adjustments
- Quarterly true-up of actual cost vs. standard cost along with under/over absorption charge out
- Analyze financial data and operational cost for comparison to budget and forecast with focus on manpower cost, overtime cost, general factory overheads, transportation cost. Highlight any trends that require attention or correction and work to implement improvements
- Collaborate with global team in identifying best practice and improvement opportunities, implementing and monitoring the global KPIs
- Identify priority investment areas to optimize cost, assist and support CAPEX planning
- Special projects as needed, including ERP implementation
Accounting & Taxation
- Preparation of annual financial statements, leading relationship with statutory & internal audit team.
- Prepare of Income tax statements, review of GST, and TDS returns, while ensuring compliance with tax laws.
- Drive reviews of balance sheet reconciliations on monthly & quarterly basis.
- Ensure the accuracy and integrity of financial data by reviewing journal entries, account reconciliations, and financial reports prepared by finance team.
- Responsible for implementation, monitoring, and auditing of the ICOFR
- Coordinate and manage tax audits and open litigations, attend personal hearings and communicate outcome to relevant stakeholders.
- Transfer pricing assessment, analysis and documentation
- Establish internal policies, procedures and processes for reporting of taxes, payments of tax liabilities, conduct of tax audits and overall management of tax risks and opportunities
- Build and implement routine processes to ensure all payments (local and foreign) are executed in a timely manner
- Support Finance Director to automate and streamline reporting and analysis
Your ideal profile:
- Minimum 7-10 years of experience in taxation and accounting preferably from the manufacturing industry. With 2 years leadership exp
- Bachelor’s degree in commerce/ accountancy. Must be a CA
- Strong analytical skills: able to clearly link financial results to operational performance drivers, generate alternatives and drive positive change.
- Excellent verbal and written communication skills and the ability to communicate complex business issues in a clear/concise manner.
- Adaptable/Flexible: being open to change in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations
- Strong knowledge and experience with MS office, Tally, Hyperion & SAP
We offer:
You will never walk alone
As a family owned business with more than 135 years of experience, Triumph embraces diversity throughout our global organization. Currently, our offices are present in over 40 countries across Europe and Asia having many international teams collaborate together every day. Guiding our corporate behaviors are respect and value for our employees, but also Collaboration as one of our key Corporate Competencies, being a core part of our every day working environment.
Make a Difference, together
The future belongs to our children. At Triumph, we want to be proud of our commitment to building a sustainable society and protecting the environment, and we work everyday to ensure our products are manufactured in an sustainable way. This is our vision: We want to be a company that is characterized by responsible leadership and consideration for future generations and that cares for the legacy that we leave behind to our children.
Putting People at the center
At Triumph we are committed to our employees, they represent the foundation for our success. This means that as a company, we are driven to offer great career opportunities in a dynamic fast-paced organization. Our HR function across the globe strives to support our employees in their development, through our Triumph Learning Academy
We continuously strive to recruit new talent, offering them one of the textile industry’s most international working environments, excellent conditions and great development opportunities in a company still owned and managed by the founding families. Our headquarters employs people from more than 30 nationalities and as a European company, we are present in many key markets in Europe, like Germany, Italy, France and growing in Eastern Europe. We are proud to have become one of the leading players in Asia very early on, in countries like Japan, China and Singapore, as well as being an employer that people aspire to work for. As a company serving women, we fundamentally believe in gender equality and diversity. Women make up more than 50% of our company’s workforce. In the last years, we have had a specific and successful drive to increase the number of women in management.
Triumph is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, colour, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status, or disability.
If you are seeking a great opportunity to develop your career, please send us your CV in English by clicking on Apply.