Factory Controller

As the Factory Performance Management personnel at Cheralapalli, you will be responsible for reviewing factory MIS reports to facilitate performance reviews with Factory Heads. You will provide relevant insights, recommend corrective actions, and monitor them for closure. It will be your duty to identify and report variances between standard and actual costs for analysis by SCM-BP. Additionally, you will mobilize factory commercial for the implementation of cost optimization initiatives driven by SCM-BP. Your inputs to the SCM-BP for the analysis of capex, working capital, and supplier base will be crucial. You will review usage variances and recommend BOM changes, as well as drive the closure of Statutory and Internal Audits. In the realm of Factory and Commercial Operations, you will manage factory-related compliance and engage with various stakeholders. Your responsibilities will include setting up processes and controls for factory commercial processes, including stores, and monitoring control effectiveness. Furthermore, you will review and recommend the basis of a comparative statement for localized capex purchases. Approval of the price for Fixed Assets purchases at the factory, generating sales orders, and performing accounting for scrap sales will fall under your purview. You will also need to review differences in the PID report during periodic physical verification of inventory, analyze differences from Job Work reconciliation, and recommend and monitor corrective actions. Monitoring GST compliance, providing cover/support for factory-related compliances, and ensuring necessary actions for timely completion will be key tasks. Regarding Stakeholder Management, you will be required to provide resolutions for vendor queries in case of escalations and review inputs by Factory Commercial, responding timely to queries from statutory/internal auditors. The preferred educational requirements for this role include an MBA (Finance) or CA qualification, with an Engineering Graduate considered an added advantage. Applicants should possess a total relevant experience of 5-7 years and be proficient in Finance systems such as AFO, SAP, and Hyperion. An in-depth understanding of sourcing-related cost drivers, cost Analytics, Stakeholder Management, critical thinking, and problem-solving skills are also essential attributes for this position.,