Senior Manager Finance (Plant Based)

• Position is accountable for ensuring business partnering, financial controls & compliances at the Supply Chain Centre.
• Supporting stakeholder to ensure that business process goes smoothly with built in financial control in place
• Prepare the presentations, reports and fulfil any other type of requirement from time to time for the management

Key Accountabilities

Total Delivered Cost :

• Monthly preparation SCC G&A and Logistic analysis and timely reporting to the HO and SCC Head.
• Detailed analysis of SCC G&A and Logistics cost with the root cause of variances.
• Developing the corrective action plan in discussion with functional head/related head of the department.
• Generating the new ideas to tackle the cost inflation and maximize the efficiency of the operation in parallel with the budgeted cost target.

Key parameter of analysis :

• Material Cost (rate variance)
• Commissary usage variance
• Inventory reconciliation losses (Including trays)
• Inbound freight+Outbound freight
• Inventory write-offs due to damages and expiry & temperature abuse during transit and not claimed from transporters.

Benchmarking :

• Preparation of Benchmark in discussion with FH for all the components of Total Delivered Cost to have a better analysis in consideration of each changing conditions.

CSA Audit & Inventory Audit:

• Regular / Effective CSA audits in the SCC
• Track the status of gaps / committed corrective action steps across CSA audits, Internal Audits, Statutory Audits, IFCR Audits
• Coordination with HO for smooth inventory audit.
• Discussion with commissary head about the major variance found during the physical verification of inventory.

Budgeting

• Preparation of Budget for SCC G&A and SCC Logistics.
• Finalization of Budget in consultation with Commissaries head and ISC Finance Manager.

Job work compliance

• Reconciliation of RM sent & FG received, loss during job work
• Inventory Reconciliation related activity

Fixed Asset

• Ensure that all the additions of fixed assets in commissaries entered in SAP/FAR.
• Any deletion of fixed assets/change in location of fixed assets only after prior approval of SCC HOD and Maintenance HOD and correspondence changes in FAR.

Closing of all the activities related to MIS of ISC are as below :

• Timely booking of bills related to Capex, Opex, Raw Material and Logistics.
• Timely submission of provision related to G&A to MIS team.
• Booking of write off related to IRA for the month with in 10 days of physical verification of inventory.

Bill processing and payment for vendors follow-up

• Monitoring the delay in submission of bills to Finance for material, services, Capex, transporter against the target of 7 days from the date of GRN/SRN..
• Timely booking of vendor bills and payment as per the due date in coordination with Support helpdesk and HO Finance team.
• Weekly monitoring of vendor ageing with payment due or not due.
• Resolving the vendor payment issue in coordination with Finance team and ISC team.

SAP CO module

• Cost detailing via SAP CO module, Stabilisation of SAP CO
• Standard Cost run
• allocation & variance analysis
• conversion cost calculation

Preferred candidate profile

• Preferably from Plant/Factory Finance Role who has worked under tight control environment.
• 5-7 years experience, CA /ICWA or MBA Finance, with experience in similar sized, scale complexity
• SAP knowledge must.

Skills Required
Variance Analysis, Business Finance, Financial Planning, Budgeting