Senior Executive - Finance and Accounts

Role Purpose

To support plant and business finance operations through effective budgeting, cost control, SAP closing, billing support, and financial reporting, ensuring accurate accounting, timely closures, and compliance with internal controls.

Key Responsibilities

1. Maintain revenue and expense budget sheets as per approved plans; support travel bookings, PO approvals, and budget releases in SAP and related portals.
2. Verify and approve service purchase orders (POs) in line with Delegation of Authority (DOA) and internal finance controls.
3. Prepare and maintain cycle-wise inward reports, highlighting plan vs. actual performance to support corrective actions.
4. Execute monthly SAP closing activities, including WIP settlement, plant-wise cost rolling, and related reconciliations within defined timelines.
5. Coordinate with the Program Management (PM) team on sales orderrelated queries and obtain necessary authorizations for finished goods (FG) pricing.
6. Review PO line items, including pricing and delivery schedules; liaise with the SCM team to validate material prices and perform FG-wise material margin analysis.
7. Maintain monthly WIP and inventory reports; prepare and circulate Cost of Goods Sold (COGS) reports on time.
8. Support month-end billing activities, including sales order release, FG availability verification, cost rolling updates, and margin calculations to help achieve monthly revenue targets for SASMOS and FESIL.
9. Support internal BU transactions such as stock transfers, billing, AV, and cost rolling for ROH, SFG, and FG items; verify ECN costing in the system and ensure compliance with DOA.
10. Verify and support PO generation and budget utilization for all service bills; review freight bills to ensure accurate accounting of GL codes, cost centers, and business units.
11. Perform plant-wise material cost calculations for budgeting, forecasting, and P&L analysis.
12. Ensure adherence to accounting policies, SOPs, and internal audit requirements.

Key Skills & Competencies

• Plant finance and cost accounting
• Budgeting, forecasting, and variance analysis
• Inventory, WIP, and COGS management
• Billing, pricing, and margin analysis
• Strong coordination and stakeholder management skills
• High attention to detail and compliance orientation
• Ability to work under tight month-end timelines

Key Performance Indicators (KPIs)

• Timely and accurate month-end closure
• Budget vs. actual variance control
• Accuracy of WIP, inventory, and COGS reporting
• Billing accuracy and revenue recognition support

Compliance with internal controls and audit observations