Plant Finance Manager

Roles & Responsibilities

Budgeting, Annual Operating Plan, Monthly Current View

• Annual Budget preparation, Quarterly Rolling Forecast and Monthly Current View Forecast Process and Analysis of Actual Results and comparing with the budget, Current View and Variance Analysis;

• Balance Sheet and P&L Forecasting.

Product Costing

• Product Costing and Margin Analysis;

• Product Cost Variance Analysis;

• Cost Change Project Tracking, driving operation team for further opportunities;

• New Product Cost review with Reasons for Variance against forecast;

Monthly Period Closing and Reporting

• Month end books closing activities, Coordinating with GFC to ensure appropriate provisions are considered for Monthly book closure;

• Preparation and Analytical review on unit level B/S, P&L.

Fixed Asset

• Fixed Asset Accounting, Controlling, Capitalisation & Tracking of Various projects under CWIP.

• Custodian of Fixed Asset at the Location and at Vendors place.

Inventory and Working Capital Management

• Inventory Controlling & GIT Accounting

Accounts Payable

• Tracking of Open GRIR & Advances i.e. Import, Domestic Vendors, FA, Employees.

• Cash Management Report & Exposure Report (For Foreign Payments).

• Vendor Reconciliation as well as timely clearing of GL a/cs

Compliance and Audit

• Preparation of various Schedules for Audit/ Sox Compliance;

• Handling Statutory/Cost/Internal audit and their queries;

• Ensuring Companies Policies and Procedures are adhered to by all.

Cost Deployment as per World Class Manufacturing

• Collection and Consolidation of all the shop floor related losses in Plant.

• Working closely with Manufacturing as a cost deployment specialist.

• Plant Cost stratification under different cost elements wise.