Deputy Manager

Key Responsibilities

Budgeting & Management Reporting

Coordinate with cross-functional teams to collate budget inputs, analyze them against historical and industry benchmarks, and identify outliers for discussion.

Consolidate and present plant-level budget summaries to management for review and finalization.

Manage

annual CAPEX budgeting , including financial evaluation of proposals and preparation of summary reports for management decision-making.

Ensure timely submission of plant budgets to corporate by adhering to the budget calendar and escalating delays when necessary.

Deploy finalized budgets in ERP and enforce

budgetary control mechanisms .

Prepare

weekly conversion cost forecasts

and conduct detailed variance analysis for conversion cost and CAPEX, presenting insights to the Plant Management team.

Conduct

post-implementation CAPEX reviews

including IRR and ROI analysis.

Partner with the Plant Head in preparing

monthly and annual performance presentations

for senior leadership.

Cost Analysis & Insights

Perform

monthly cost and price trend analysis

for direct and indirect materials, highlight unusual movements, and collaborate with procurement to validate findings.

Conduct

inventory analysis

to identify slow-moving and non-moving stock, initiate corrective actions with Plant Controller, and monitor progress.

Track and monitor

cost-saving initiatives , ensuring follow-up with functional teams for achievement of targets.

Provide

margin analysis, absorption costing insights, and cost optimization opportunities

to support plant profitability.

Monthly Closing & Audits

Lead plant-level

month-end closing activities , ensuring compliance with accounting standards, cost accounting records, and internal control frameworks.

Prepare detailed

Plant MIS

post-book closure, analyze variances, and present results to HO reporting team and finance leadership.

Support statutory, internal, and

cost audit

requirements, ensuring timely closure of queries.

Prepare and maintain

cost records

in compliance with Cost Audit standards, and lead the annual cost audit process.

Organize and supervise

quarterly stock take programs , including reconciliation, reporting, and adjustments.

Insurance & Risk Management

Prepare and submit monthly

insurance declarations

and adequacy checks, ensuring proper coverage and compliance.

Coordinate timely submission of insurance claims, supporting documentation, and follow-ups for settlements.

Desired Candidate Profile

Qualification :

Cost & Management Accountant (CMA) – Qualified.

Strong expertise of 2+ years in

costing, budgeting, variance analysis, inventory control, and plant finance .

Sound understanding of

conversion cost, absorption costing, standard costing, and cost audits .

Experience with ERP systems (SAP preferred) for budgeting and cost control.

Analytical and detail-oriented with strong problem-solving ability.

Excellent communication and stakeholder management skills.

Ability to work in a plant environment with cross-functional collaboration.