Operations Finance Analyst

Ingersoll Rand is committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.

Job Title

Operations Finance Analyst
Location

Naroda, Ahmedabad

About Us

Ingersoll Rand is a global provider of mission-critical flow creation, life science and industrial solutions. Ingersoll Rand’s Global Engineering & Technology Center (GEC) in Bangalore, A GREAT PLACE TO WORK CERTIFIED WORKPLACE is driven by an ownership mindset and entrepreneurial spirit, has been a beacon of innovation for over 19 years, embodying our purpose to “Make Life Better” for our employees, customers, shareholders and the planet. 

The Engineering & Technology center has expertly supported a diverse range of industrial products, offering deep expertise in core and digital engineering space. By cultivating a sense of inclusion, belonging and respect, and a collaborative culture, the GEC has fostered the most talented and capable engineers, thereby playing a pivotal role in driving Ingersoll Rand’s purpose and strategic focus areas.

Job & Division Summary:

Ingersoll Rand Ingersoll Rand (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is committed to helping make life better.

Ingersoll Rand India finance team consists of diverse profiles like Operation Finance Analyst, Costing and MIS, FP&A, Revenue accounting etc. across operations and commercial aspects of compressor business. With diverse profiles and upcoming new plant expansion project, there would be many new opportunities coming with finance team as well.

The Financial Analyst position would have growth opportunity to take on the additional responsibility in roles of FP&A for Operation Finance, Commercial Finance & Finance Controller as well.

Responsibilities

• Conducting MIS, Variances and Inventory Analysis,
• Closing monthly/ quarterly books like accrual, warranty & inventory accounting etc.
• Conducting Physical inventory activities and loading variance into Oracle.
• Manage standard costing process and activities.
• Advise on Costed BOM, Intercompany Transfer Prices and Assessable Prices.
• Perform PPV analysis and monitor productivity/inflation in commodities.
• Scrutinize GL and control spend analysis.
• Ensure statutory compliance.
• Reconcile balance sheet GL accounts.
• Co-ordination with business cross function teams on productivity projects.
• Interact with government authorities and providing required data.
• Manage budgeting and forecast cycle for spend, inventory and other variance.
• Quarterly audit of listed entity with statutory auditors for areas responsible and dealing with Internal Auditors.

Mandatory Requirements

Candidates only with the following skills sets will be considered:

• Should be qualified Cost Accountant/ Chartered Accountant having 2–5-year experience or MBA/M.com having 10–12-year experience.
• Hands-on working experience with ERP systems such as Oracle or SAP.
• Experience in Manufacturing, Engineering, Pharmaceutical, Automotive, or Heavy Industry sectors.
• Experience in Operation finance and management reporting.

Desired Skills

• Competent with accounting & MIS work
• Experience on Hyperion Financial Management would be an advantage.
• Understanding accounting standards, standard costing methodology and cost audit process.
• Strong creative problem-solving mind-set.
• Clear grasp of verbal and written English.
• Proactive, self-motivating with ability to develop own priorities
• Conversant with Microsoft tools – Word; Excel; PPT

Travel & Work Arrangements/Requirements

This position is based in Naroda, India, with a hybrid work arrangement and minimal anticipated travel.

What we Offer

• We are all owners of the company! Stock options (Employee Ownership Program) that align your interests with the company's success.  
• Yearly performance-based bonus, rewarding your hard work and dedication.  
• Leave Encashments
• Maternity/Paternity Leaves
• Employee Health covered under Medical, Group Term Life & Accident Insurance
• Employee Assistance Program 
• Employee development with LinkedIn Learning 
• Employee recognition via Awardco 
• Collaborative, multicultural work environment with a team of dedicated professionals, fostering innovation and teamwork.  

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.