Financial Controller

Key Responsibilities

Monitoring that GRN is being done under the correct line item in SAP

Monitoring that production order is being released before any item is taken from inventory for consumption (report from stores / production team to be shared on weekly basis)

Tracking movement of material consumption, planned vs actual, to track wastage %ages

Periodic review of fixed asset register ensuring correct asset code tagging, along with classification into usable and non-usable items with the help of factory team

Checking ageing of Vendor outstanding amounts

Detailing the opportunity cost of unused capacity and suggesting ways to account for that cost

Controlling the transfer transactions between factories through STOs

Comparing the delivery date with the date of the actual production

Alert the management from dealing with any Vendor with bad credit history

Reviewing and tracking factory opex performance / run rates and finding ways to optimize the same

Periodical Inventory Monitoring to ensure no excess material / mismatch material is being procured in plant

Monitoring of Open Production order with its aging and ensuring its timely closure.

Controlling entire scrap sale process for factory including but not limited to following :

Physical scrap verification to be done before initiating the scrap sale process

Analyze the scrap percentage trend month wise

Calculating the cost of quality and controlling the abnormal scrap cost.

Controlling all the scrap sales invoices and matching the prices with the approved contracts.

Risk assessment for the current scrap process.

Making sure all the issued scrap qty have been invoiced

Controlling all the rework scrap orders of FG item.

Qualification :

MBA / CA / CMA with 5 to 10 years of experience in Manufacturing Industry.