Assistant Manager - Finance Job Listing at Flex in Bengaluru, KA (Job ID WD200656)

Description

Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world.A career at Flex offers the opportunity to make a difference and invest in your growth in a respectful, inclusive, and collaborative environment. If you are excited about a role but don't meet every bullet point, we encourage you to apply and join us to create the extraordinary. Job Description

To support our extraordinary teams who build great products and contribute to our growth, we're looking to add an Assistant Manager- Finance position will be based in Bangalore.
 

What a typical day looks like:

• Validate, approve, review, and manage the collection and payment of Accounts Receivable (AR) and Accounts Payable (AP) for both external and internal customers and suppliers.
• Conduct monthly inventory movement reviews, perform cycle count audits, and carry out physical inventories annually.
• Assist the AR/AP team in addressing persistent and aged issues on a regular basis.
• Ensure that Days Sales Outstanding (DSO), Days Payable Outstanding (DPO), and Inventory Turnover (ITO) targets are achieved as per commitments.
• Manage quarterly cash targets, plan and allocate funds, ensuring timely payments to critical vendors without escalation.
• Support the intercompany team in resolving aged Accounts Payable and Accounts Receivable cases.
• Oversee the clearing of Electronic Data Processing Management System (EDPMS) and Inventory Data Processing Management System (IDPMS) cases, while consistently monitoring and publishing reports on an agreed timeline.
• Collaborate with cross-functional teams for daily operational activities.

• Ensure compliance reporting is conducted per the established frequency.
• Guarantee the completion of tax assessments, US Generally Accepted Accounting Principles (US GAAP), and Indian Generally Accepted Accounting Principles (IGAAP) audits without remarks or observations.
• Validate, review, and reclassify expenses, as well as accrue necessary amounts.
• Record sales and costs on a customer-wise basis.
• Review customer-wise Profit and Loss (P&L) statements and analyze variances compared to forecasts and quotes.
• Prepare and submit balance sheet reviews and schedules.
• Create and submit analytical files for quarter-end and month-to-month evaluations.
• Prepare and review customer-wise forecast data on a quarterly basis for the next 12 months.
• Create and submit working capital and cash target files for review.
   

The experience we're looking to add to our team:

• Conduct customer-wise margin analysis and collaborate with the business team on improvements.
• Analyze headcount.
• Perform monthly P&L variance analysis and provide inputs to the business team for forward action.
• Engage in budgeting and forecasting.
• Review and track non-recurring purchases to ensure timely billing.
• Prepare a weekly dashboard on various business performance metrics.
• Prepare and submit month-end closure entries.
• Ensure error-free closing of month-end and quarter-end accounts.
• Provide ad hoc reporting in accordance with business requirements.

What you'll receive for the great work you provide:

• Health Insurance
• PTO

#LP17

Job Category FinanceFlex pays for all costs associated with the application, interview or offer process, a candidate will not be asked for any payment related to these costs.

Flex does not accept unsolicited resumes from headhunters, recruitment agencies or fee based recruitment services. Flex is an Equal Opportunity Employer and employment selection decisions are based on merit, qualifications, and abilities. Flex does not discriminate in employment opportunities or practices based on: age, race, religion, color, sex, national origin, marital status, sexual orientation, gender identity, veteran status, disability, pregnancy status or any other status protected by law. Flex provides reasonable accommodation so that qualified applicants with a disability may participate in the selection process. Please advise us of any accommodations you request to express interest in a position by e-mailing: accessibility@flex.com. Please state your request for assistance in your message. Only reasonable accommodation requests related to applying for a specific position within Flex will be reviewed at the e-mail address. Flex will contact you if it is determined that your background is a match to the required skills required for this position. Thank you for considering a career with Flex.

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