PKey Responsibilities
- Plant Finance Operations
- Lead and oversee all financial and accounting functions of the plant, including books of accounts, internal controls, working capital, and cost controls.
- Ensure timely month-end and year-end closing of accounts and financial reporting in alignment with corporate timelines.
- Manage daily finance operations such as invoicing, vendor payments, receivables, and reconciliations.
- Costing & Budgetary Control
- Manage end-to-end costing operations, including BOM-based costing, standard cost vs actual cost analysis, and process cost variance.
- Drive annual budgeting and forecasting processes for the plant and ensure alignment with organizational goals.
- Monitor operational performance, analyze cost drivers, and recommend cost-saving measures.
- Inventory & Asset Management
- Implement robust inventory control systems and monitor physical verification processes.
- Ensure accurate valuation of raw materials, WIP, and finished goods.
- Oversee plant asset capitalization, tracking, and depreciation schedules.
- Financial Reporting & Compliance
- Prepare and present monthly MIS, dashboards, and management reports.
- Ensure strict adherence to statutory and tax regulations, including GST, TDS, and local laws.
- Coordinate with internal and statutory auditors and ensure timely audit closures and compliance reporting.
Stakeholder & Team Management
Collaborate with cross-functional departments including production, procurement, quality, and supply chain for integrated planning.Build, lead, and mentor a high-performing finance team within the plant.Act as a finance business partner to the Plant Head and executive management.Candidate Requirements
Qualification : Chartered Accountant (CA) or Cost Accountant (CMA) - Must have.Experience : Minimum of 10 years in Plant Finance, with leadership experience in manufacturing setups.Industry Preference : Automotive, EV, Heavy Engineering, or Manufacturing.ERP Proficiency : Hands-on experience in SAP (FICO & MM modules).Costing Knowledge : Expertise in BOM-based costing, process costing, and variance analysis.Soft Skills : Strong analytical thinking, business acumen, leadership, and interpersonal skills.Others : Willingness to travel across plant locations, if required.Preferred Attributes
Experience working in startup or greenfield environments.
Exposure to multi-plant financial operations and centralized reporting structures.
Track record of driving automation, digitization, and process improvements.
(ref : iimjobs.com)
Skills Required
Sap Fico, Process Costing, Variance Analysis