Overview
Job Title: Manager - COSO Plant Finance (Planning): The role will lead planning, performance management, cost governance, and productivity tracking for COSO Plants. The incumbent will partner closely with Plant Leadership and cross-functional teams to drive forecast accuracy, support financial decision-making, enable AOP delivery, and ensure financial discipline across capex, operating cost lines, and productivity programs.
Responsibilities
Key ResponsibilitiesPerformance Management
- Lead weekly and monthly performance reviews for key cost lines including Material Usage Variance (MUV), Variable Manufacturing Overheads (VMOH), and Fixed Manufacturing Overheads (FMOH).
- Identify and highlight key variances vs. plan, driving timely corrective actions with Plant Leadership.
- Support delivery of Annual Operating Plan (AOP) Cost to Convert (C2C) targets through insights-driven analytics, performance rigor, and action tracking.
Planning & Forecasting
- Prepare accurate, timely financial forecasts for COSO Plants, clearly articulating risks, opportunities, and sensitivities.
- Lead AOP development for COSO sites, ensuring cost efficiency and alignment with broader business goals.
Productivity & Projects Governance
- Track, report, and support execution of productivity initiatives, ensuring timely submission of trackers and alignment with annual savings commitments.
- Identify obstacles, facilitate issue resolution, and ensure timely implementation.
Capital Investment Management
- Partner with plant teams to validate capex proposalsincluding financials, cost/benefit analysis, IRR modelling, asset classification, budget alignment, and approvals.
- Drive capex delivery through monthly performance tracking, forecasting, and Investment Order (IO) control.
Scrap Governance
- Facilitate scrap committee meetings, coordinate scrap quotation sourcing, and support final decision-making in customer allocation based on revenue optimization.
Analytics & Business Partnering
- Provide ad-hoc analysis, financial modelling, and scenario planning to support operational and strategic decisions.
- Collaborate closely with production, procurement, engineering, logistics, and other stakeholders to align financial outcomes with operational realities.
Digital & Process Excellence
- Lead adoption of digital analytics for plant KPI tracking and promote usage of self-service BI dashboards and automation solutions.
- Continuously evaluate cost structures and drive process improvements to enhance operational efficiency and financial performance.
Additional Activities
- Support State Brand Pack P&L Cost of Conversion (COC) vs AOP reviews.
- Drive DMC reconciliation accuracy and governance.
Qualifications
Qualifications & Experience
- Chartered Accountant (CA) or MBA (Finance) with minimum 3 years of relevant experience (Plant Finance experience preferred).
- Strong analytical mindset with demonstrated ability to influence stakeholders and drive outcomes.
- Proven experience in financial modelling, forecasting, and performance analysis.
- Advanced proficiency in MS Excel and PowerPoint; experience in digital tools/Data Analytics platforms preferred.
- Strong communication and stakeholder engagement skills with the ability to challenge, collaborate, and lead cross-functional teams.
- Demonstrated ability to manage multiple priorities, deliver under deadlines, and lead initiatives end-to-end.
- Innovative thinker with a strong orientation toward continuous improvement and value creation.
Location: Kosi Plant, Mathura
