Factory Finance & Compliance Specialist

Objective :

Ensure smooth functioning of factory operations and compliance to statutory / regulatory requirements and internal guidelines / standards pertaining to all finance-related activities such as invoice management, vendor management, fixed asset accounting, scrap management, and book closure & reporting activities.

Key Responsibilities :

Factory and Store Operations

• Ensure robust controls and compliances for factory operations
• Supervise factory store operations and ensure robust controls and standards
• Work with FCC to establish robust controls for local purchase (e.G., non-PO spends)
• Ensure process adherence and controls for scrap disposal at factory including approvals for identification, disposal, and vendor compliance for e-waste
• Coordinate, escalate statutory / regulatory notices to FCC and ensure timely response / closure for the same (e.G., GST, transfer pricing, etc.)
• Monitor factory-related compliances and escalate deviations
• Provide inputs to AOP for factory-related expenses and capex
• Work with CBS for providing inputs for managing capex (e.G., capitalization, disposal, monitoring)
• Assist FCC in preparation / review of factory MIS and facilitate periodic reviews with Plant Head and follow-up on actions (including daily reviews)
• Approve comparative statement, recommend vendors for local opex purchase as per DoA
• Assist FCC / Plant Head in initiatives for operational excellence at the factory
• Assist FCC in addressing audit queries and timely closure of outstanding items at the factory
• Verify invoices for contract manpower and resolve discrepancies before payments
• Act as custodian of the scanned and archived invoices (received locally)

Vendor Management

Period-end Close Activities

Education, Experience & Skills

Preferred Educational Requirements :

Experience and Skills :