Finance Manager - Cost Accounting

Job Title : Manager – Finance / Cost Controller Analyst

Location : Thaiyur, Chennai

Key Roles & Responsibilities

• Plan and direct management accounting activities including cost & variance analysis, monthly performance analysis, investment decisions, balance sheet management, and decision support for manufacturing units.
• Ensure strict adherence to processes and internal controls , fostering a compliance-driven culture within the factory.
• Lead financial monitoring of units and drive implementation of corrective actions where required.
• Execute the business planning process , including budget preparation, rolling forecasts, and monthly performance reviews.
• Ensure robust information systems are in place for management and financial accounting purposes.
• Manage the finance and accounting team , ensuring skill development and training.
• Maintain business and financial controls and ensure full organizational compliance.
• Implement production inventory controls – periodic physical verification, perpetual count, and management of obsolete inventory.
• Oversee the factory P&L and prepare regular performance MIS reports for review with key stakeholders.
• Drive cost optimization and lead cost-saving initiatives across operations.
• Serve as a member of the Factory Management Team , ensuring adherence to general business practices.
• Evaluate Capex proposals , manage budgets, and monitor spending.
• Ensure vendor account reconciliation and timely resolution of disputes.
• Lead global factory performance reporting and support cross-functional collaboration with commercial teams.

Skills and Experience Required

About Versuni

Versuni , formerly known as Philips Domestic Appliances , has a simple yet powerful purpose — turning houses into homes .

As a house of brands, Versuni is home to Philips, Preethi, Saeco, Gaggia, Philips Walita, L’OR Barista , and Senseo .

Through meaningful innovation, we aim to improve people’s lives, helping them lead healthier and happier lives every day . We are looking for a highly motivated, growth-oriented professional who thrives in a fast-paced and innovative environment.