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Finance Plant Controller, OFC India

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Date:Dec 31, 2021

Location:Pune, MH, IN, 410501

Company:Corning

Requisition Number: 51500

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. Ensures the plant receives the appropriate type and level of Finance expertise and support to best inform financial and operational decision making and the achievement of strategic and operational goals. Ensures the successful implementation of global Finance business programs, processes, and procedures in support of corporate, function, and plant goals and objectives.

Position Responsibilities

  • Lead the finance function, and be a key member and decision maker of the management staff
  • Proactively utilize business partnership skills to move the plant to better cost understanding and higher profitability
  • Ensure timely and accurate completion of accounting activities, including fixed asset management, inventory valuation, product costing, period reporting, budgeting, forecasting, and overall asset, and liability control
  • Implement and ensure business adherence to internal finance controls including data and reporting standards and compliance (Sarbanes Oxley regulations and external audits)
  • Provide finance expertise and decision support to business leaders in support of the division strategy (efficient turnaround time to inquiries from internal customers).
  • Provide to leadership timely, in-month analyses of variations to targets and mitigation options before period close
  • Identify and assess the financial implications (ROI, IRR & Payback) of capital investments.
  • Drive process improvement initiatives and support engineering in identifying and calculating Cost Reduction opportunities for various projects / initiatives
  • Willingness to fully integrate into plant’s team by spending time on production floor on a regular basis. Embrace Corning’s culture and values.
  • Analyze and report on key plant operational and accounting metrics. Present plant financial performance in various forums as required
  • Actively participate in the development of the site’s total safety culture
  • Ensure appropriate support of COC’s divisional requirements and Corning Finance functions
  • Drive process improvement within finance function: document existing processes (SOP’s) and seek improvement opportunities to reduce complexity
  • Fundamental understanding on plant / product costs
  • Ability to take on various ad-hoc responsibilities as required
  • Source, select, and develop talent to support global and entity Finance talent needs

Education and experience:

  • 成本会计与10 - 15进步experience progressive accounting / finance roles in Multinational/Global company. CA qualification is desirable
  • Extensive knowledge of IND AS, US GAAP & IFRS.
  • Manufacturing/Cost Accounting experience withdeep understanding of financial controls
  • Ability to be creative in providing financial solutions to business leaders.
  • Ability to be comfortable interacting and communicating with all aspects of the business, including plant management staff and senior managers
  • Ability to manage multiple priorities, meet deadlines, work proactively and independently in a fast-changing environment.
  • Strong Excel & PowerPoint Skills
  • Experience with SAP or any other ERP is must

Nice to Haves

  • Understanding of Sarbanes Oxley requirements.
  • 2-3 years of Supervisory experience
  • Working in US Multinational company
  • Managed expansion projects
  • 过渡/ SAP的实现是一个额外的先进ntage
  • Working knowledge of Power BI preferred