Group Overview
Eternis Fine Chemicals Limited (Eternis)
was born of a dream in 1988. And in a short span of time, they have become
one of the top 10 global aroma chemical manufacturers globally. Today,
they are the largest exporter of aroma chemicals in India and exports are
80% of the sales. Eternis is a leading manufacturer of specialty chemicals
from India catering to the global market. Led by Mr. Rajen Mariwala of the
Marico promoter family, Eternis is one of the largest aroma chemical
makers in India. Over the past two decades the company has grown over a
100 times from just over INR 20 Cr to over INR 2000 Cr, catering to all
the major global flavours and fragrance companies with over 80% of its
revenue coming from exports. Over the years, the company has diversified
into multiple products and contributing to success for global customers.
At the heart of this journey, has been its focus to excel and provide
cutting edge solutions to its customers through Innovation, Quality and
Sustainability.
History & timeline – Mariwala Group
In the early 1900’s Shri Kanji Morarji founded a pepper trading company
and the family earned the endearing moniker of Mariwala or pepper sellers.
From here, the company grew and by 1940, “Bombay Oil industries” was
formed. A decade later, the company forayed into coconut oil, setting up a
factory for the same in Mumbai. This was the birth of one of India’s most
iconic brands- Parachute, a name synonymous with quality, branded coconut
oil. By the 1960s the family had a successful entry into Oleo chemicals
and Spice Oleoresins. In the 1990s, a separate entity Marico Ltd was born
– a name that has emerged as one of the most successful consumer goods
brands in India. This was also the time that Eternis was formed, albeit as
Hindustan Polyamides & Fibers Limited.
Eternis Today
Eternis today is a global leader in Aroma & Personal Care with an
ambition to touch a turnover of 500MUSD. Apart from focus on organic
growth through product enhancement and diversification, Eternis has also
expanded its portfolio through
acquisitions
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In 2018
, Eternis acquired AIMS Impex Pvt. Ltd, the largest manufacturer of
coumarin, a fragrance chemical, in India with almost 50% of the market
share.
In 2021
, Eternis acquired Tennants Fine Chemicals Ltd (Tennants Fine Chemicals),
headquartered at Leek, Staffordshire in the United Kingdom and its wholly
owned subsidiaries in Singapore and China, from Tennants Consolidated
Limited. In addition to enhanced market presence, this acquisition has
also given them a manufacturing foothold in European markets.
In December 2024
, they have announced the acquisition of 100% of Sharon Personal Care,
(Sharon PC), having innovation labs and manufacturing capabilities in
Italy and Israel, distribution sites in US, Italy, Germany and France as
well as a global distribution network. This acquisition marks a
significant step towards diversifying its offerings and widening the
portfolio into the growing personal care segment and meet the evolving
demands of today.
Apart from the manufacturing operations in Italy (Milan), UK (Leek),
Eternis has 4 plants in India located at Pune (3) and Sinnar (1), near
Nashik. It also set up a state-of-the-art R&D Centre at Rabale, Navi
Mumbai which is recognized by the Government of India (Department of
Scientific & Industrial Research) as an “In-house R&D Centre”.
This facility is run by highly qualified PhDs, chemists and chemical
engineers. Eternis has gained product leadership through consistent
delivering of value to customers through scale and expanding the portfolio
of products. By listening to customers constantly they provide customized
solutions. They have also strengthened their international marketing team
to provide local contact points for speedy customer responsiveness.
In 2024 the company appointed Wilfrid Gambade as their Group CEO to
accelerate the growth and development of Eternis overseas, as well as
developing the activity of the company beyond the field of F&F.
Eternis is an equal opportunity employer. They embrace diversity and
encourage individual strengths. They go beyond basic employee welfare
and focus on engagement at all levels. Their HR policies and practices
are constantly reviewed in order to achieve a high employee engagement,
retention of talent and development of leaders for the future.
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Job Title
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Job Title
Insert Job Title, Sector, Entity, Function
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Global Finance Controller for Aroma , All, Eternis Fine
Chemicals, Finance & Accounts
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Eternis Level
- GM
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Position in the Organisation
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Organisation structure
(Region/Product/Function/unit, scope or role)
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India/All/Finance & Accounts/ Finance Controller
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Reports directly to
(position title)
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Chief Financial Officer
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Other reporting to
(“functional reporting” position title)
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N/A
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Direct reports
(position title)
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Managers/AMs-Accounts and other sub-functions
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Other reports
(position title)
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N/A
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Mission
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Purpose of the Job/Job Mission: (
Insert a short description of the role/job, maximum 2 to 4
sentences/Bullet point.)
To anchor financial strategy by delivering robust business
planning, insight-driven analytics, and cost-improvement
leadership. The role ensures accurate MIS, supports strategic
reviews, and provides forward-looking financial inputs to
enhance organizational performance and long-term value creation.
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Responsibilities and Accountabilities
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This role would be responsible for handling entire gamut of
Accounts and Control for Aroma BU comprising of 2 entities based
in India and UK and its subsidiaries based in US, Netherlands
& Singapore which will include Financial Accounting,
Controls, Taxation(direct and indirect), costing, Consolidation
of Accounts and overseeing plant accounting.
Accounts
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Overseeing Bills Payable, Bills receivable and General Ledger
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Timely preparation of monthly Financial Statements as per
applicable GAAP
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Consolidation of Accounts with India Group accounts
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Leveraging SAP Platform by improving Accounting & MIS
processes
Internal Controls & Compliance
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Develop and enforce financial policies, procedures, and internal
controls to ensure compliance with legal standards and
regulatory authorities.
Taxation
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Strategizing for optimisation of tax outflows and identify
opportunities for savings
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Ensuring compliances with Direct and Indirect Taxes &
Liaisoning with tax consultants for completion of assessments,
appeals & refunds for all legal entities within Aroma BU
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Transfer pricing documentation, audits and assessment
Budgeting & Forecasting
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Work with Business Finance team in preparation of annual budgets
and financial forecasts, and monitor/report on variances.
Audit Management
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Primary contact for Statutory Audit for all Group entities
Banking and Treasury
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Provide required support to Treasurer for the Treasury
operations
Insurance
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Arranging Insurance coverage for entire Group assets in India,
UK and international subsidiaries
Team Leadership
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Supervise, mentor, and direct the accounting department staff
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Measurement / Key Performance Indicators
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Complete the
a.
Closure of Monthly books of Accounts as per TAT
b.
Consolidation of monthly financial statements as per TAT
c.
Deliver all relevant inputs to monthly MIS to management as per
TAT
d.
Completion Annual statutory Audit by 30
th
April
e.
Ensure data accuracy
Tax Compliance Rate:
a.
Percentage of tax returns filed accurately and on time to avoid
penalties.
b.
Number of Returns Filed Electronically: Measures efficiency in
tax reporting and digital adoption.
c.
Audit Success Rate/Risk Exposure: Monitors the outcome of tax
audits and lowers historic risk exposure
d.
Interest and Penalties: Total costs incurred due to late
payments or filing errors.
Insurance:
a.
Renewal of Insurance policies within the Budget and on time
b.
Minimising the risk exposure
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Position
Requirements – Education, Experience, Competencies
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Educational Requirements
Describe the
minimum
educational requirement/level
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Mandatory:
CA
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Desirable:
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Experience
Describe the knowledge and experience required for this role.
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Mandatory:
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Atleast 12-15 years of experience
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Hands on experience of working in multi company environment
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Atleast 8-10 years in Manufacturing industry
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SAP Expsosure a MUST
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Desirable:
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Experience in financial controlling from Chemical Manufacturing
industry.
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Leading international teams
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IMS Responsibilities
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PSM Responsibilities
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NA
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NA
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Apply through whichever channel suits you best.