Titan Company | TEAL-Associate Manager - Accounting

Responsibilities

• Support variance analysis by comparing actual performance against budgets, forecasts, and business plans.
• Support Cash Conversion Cycle (CCC) monitoring and working capital improvement initiatives.
• Prepare and report financials, including actuals and forecasts, ensuring timely and accurate reporting, variance analysis, and actionable business insights.
• Prepare financial models for projects and support the evaluation of capital investment decisions and applicable government incentives.
• Support the Divisional Finance Head in the Business planning exercise of the division.
• Perform forecasts, revisions, and simulations, wherever necessary.
• Support internal control compliance, monitor control effectiveness, and assist in identifying and mitigating business risks.
• Support internal, external, and statutory audit activities, ensuring compliance, timely documentation, and closure of audit findings.

Requirements

• Qualified CA/CMA with 3+ years of post-qualification experience, preferably a first-attempt qualifier, with experience in a manufacturing environment.
• Experience in the Percentage Completion Method POCM will be an added advantage.
• Experience in costing, inventory management, project accounting, accounts payable (AP), and accounts receivable (AR).
• Knowledge on Contracts review, export businesses, and Forex implications.
• Proficient in MS office software
• Strong data analysis skills
• Good Knowledge on Contracts review, export businesses, and Forex implications

Titan Company Limited

Titan began in 1984 as Titan Watches Limited, a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO), with Xerxes Desai as its founding managing director. Its watch factory was built at Hosur in Tamil Nadu, and J. R. D. Tata dedicated the complex in March 1988. The company was later renamed Titan Industries and, in 2013, Titan Company Limited. Besides watches under brands such as Titan, Fastrack, Sonata and Xylys, it sells jewellery through Tanishq, Mia, Zoya and CaratLane, prescription eyewear through Titan EyePlus, Skinn fragrances and Taneira women's ethnicwear. Titan is listed on the National Stock Exchange (TITAN) and BSE (500114); its registered office is in Hosur and its corporate office in Electronic City, Bengaluru. Its wholly owned subsidiary Titan Engineering & Automation Limited (TEAL), formerly Titan's precision engineering division, makes precision components and sub-assemblies for aerospace and defence customers at Hosur and builds automated assembly and testing lines for other manufacturers.

Its finance openings are in Bengaluru, Mumbai, Hosur and Chennai, and cover financial planning and analysis, indirect taxation, internal audit, mergers and acquisitions, regional commercial finance for the jewellery division and fixed asset accounting, while TEAL hires for accounting and costing roles in Hosur and Chennai. Most roles ask for a qualified Chartered Accountant, the costing role for a Cost Accountant (ICWA), and experience asked for ranges from two to ten years.

• Industry: Consumer lifestyle products: watches and wearables, jewellery (Tanishq, Mia, Zoya, CaratLane), eyewear, fragrances and ethnicwear; precision engineering and automation through its subsidiary TEAL
• Headquarters: Bengaluru, India (corporate office; registered office in Hosur, Tamil Nadu; listed on the NSE and BSE)
• In India: Corporate office in Electronic City, Bengaluru, registered office and watch factory in Hosur; subsidiary Titan Engineering & Automation Limited (TEAL) in Hosur