Plant Finance Manager-harohalli

Job Description

Position Summary Position will be responsible for the financial operations of the plant focusing on accounting, budgeting, planning, financial analysis, cost management, compliances, reporting, financial risk, inventory reconciliation vendor and credit management . The incumbent will oversee the plant P&L, tracking performance against budget and forecast, ensure compliances with financial standards, while driving cost improvement and capital investment plans. The incumbent will be supporting related function/ category / business unit (i.e Manufacturing, Customer Development, Marketing, Supply Chain) to add value to the business. Role & Responsibilities Accounting: • Overseeing accounting operations, including invoicing, accounts payable, accounts receivable, and general accounting Budgeting: • Managing the plant's budgeting process, including forecasts, production plans, and capital investments • Ensuring timely submission of plan / forecast/budget for plant functions Financial risk & analysis: • Analysing financial data to prepare summaries and provide strategic recommendations • Providing accurate financial reports to specific deadlines and the interpretation of such including variance analysis and cost control reporting and recommendations. • Assessing and highlighting financial risk associated with business plans Cost management & Inventory: • Driving cost improvements and identifying cost drivers • Working with manufacturing and cross functional team for cost-reduction opportunities and continuous improvement • Overseeing physical inventory counts and reconciliation • Overseeing credit management to ensure timely collections and minimize credit risk • Support teams in commercial project negotiations, contract evaluation etc Compliance: • Ensuring compliance with financial standards, internal controls, and tax regulations • Reviewing supplier/vendor contracts • Liaising with auditors to ensure alignment with legal requirements regarding statutory statements Reporting: • Preparing financial reports, including the plant's P&L and other MIS reports • Define, identify and track appropriate metrics, KPIs and associated drivers to track performance of plant team • Providing financial support for business initiatives, including investment appraisal and cost productivity Qualification & Experience • Incumbent must be CA / ICWAI or MBA with specialization in Finance • 5 8 yrs experience working in a plant finance role Knowledge & Skills • Good understanding of plant operations, Plant finance controlling and accounting standards • Plant business analysis and forecasting • Hands on experience of working on ERP platforms and business applications • Ability and drive to work independently and work in fast paced ambiguous environment • Ability to influence without authority • Excellent interpersonal skills with global mindset and ability to work with cross functional teams .