Plant Finance Manager
Posted Updated
Brief introduction - Role Summary/Purpose:
The Plant Finance Head will lead all financial activities at the plant level, ensuring financial control, budgeting , costing, capital expenditure,cost efficiency, inventory controls . This role requires strong analytical skills, leadership abilities, and a deep understanding of manufacturing finance.
Responsibilities:
- Oversee all financial operations within the plant, including budgeting, forecasting, monthly , quarterly & annual reporting including detailed variance analysis.
- Own the SKU level standard costing annually , New product costing , periodic review of existing FG SKU costing with understanding of BoM
- Ensure delivery of Plant conversion costs , track expenses, and lead the savings initiative at Plant , through Funding the growth program
- Support strategic decision-making through financial modelling , NPV & payback workings with inputs to director of manufacturing on project viability
- Focus on working capital ~ Plant Inventory controls , Payables mgmt , Open GRIR, vendor advances & deposits , CWIP ageing & Idle assets
- Effective stewardship through timely reporting for PPRs , Sox controls , Plant compliances including department of industries, GST authorities & others
- Act as a Key member of Plant leadership team ( PLT) and sounding board to Director of manufacturing
- Fixed assets management : Capex spends against Budget , CWIP ageing , timely capitalisations, Assets tagging, assets retirement & scrapping and post implementation CEB evaluations
- Work closely with SCF head , Plant finance peers & Supply chain teams in HO
Required Qualifications :
- Chartered Accountant with strong costing background
- Minimum 6 years of experience in finance, with a focus on manufacturing or plant finance
- Proficiency in financial analysis, budgeting, and forecasting.
- Hands on experience in Standard costing , FI & CO Module in SAP
- Excellent analytical, problem-solving, and decision-making skills.
- Ability to communicate financial information effectively to non-financial stakeholders.
- S4 Hana implementation will be added advantage
#CPIL
#LI-AP1