Key Responsibilities

Financial Planning & Reporting

 Lead the annual budgeting process, periodic forecasting, and monthly financial closing activities for the

plant.

 Analyze actual performance against budget and forecast, highlighting key variances and recommending

corrective actions.

 Prepare and present management reports on plant financial performance, operational efficiency, inventory

management, and cost control.

Plant Finance & SAP Governance

 Manage end-to-end plant financial transactions in SAP S/4HANA, ensuring accuracy, compliance, and

timely reporting.

 Ensure adherence to internal controls, financial policies, and corporate governance requirements.

 Support financial reporting and analysis through effective utilization of SAP FI, CO, MM, and FI-AA modules.

Inventory & Working Capital Management

 Oversee inventory valuation, reconciliation, and control processes to ensure financial accuracy and

compliance.

 Monitor inventory ageing, slow-moving and obsolete stock, and recommend actions to optimize working

capital.

 Drive plant-level working capital improvement initiatives related to inventory, supplier advances, receivables,

and payment-cycle efficiency.

Costing & Profitability Analysis

 Own standard costing governance, including Bill of Material validation, production routing verification,

overhead absorption analysis, and cost estimate reviews.

 Analyze material, labor, and overhead variances and recommend actions for cost optimization.

 Monitor Man-Hour Rate (MHR) and product costing to support operational efficiency and profitability

improvement.

Cost Optimization & Productivity

 Validate and track cost-saving initiatives, productivity enhancement projects, and operational improvement

programs.

 Partner with plant operations teams to identify and monitor financial benefits arising from continuous

improvement initiatives.

HR Cost & Compliance Management

 Review and analyze manpower and HR-related costs, ensuring accuracy and effective cost management.

 Support audits, variance analysis, and reporting related to employee costs.

Procurement & Fixed Assets Control

 Review and verify Purchase Order (PO) releases and information records to ensure financial and procedural

compliance.

 Manage Fixed Asset accounting, including capitalization, transfers, depreciation reviews, physical

verification, and reconciliation.

Audit & Compliance

 Coordinate statutory audits, internal audits, and Internal Financial Control (IFC) reviews related to plant

operations.

 Ensure timely closure of audit observations and implementation of corrective actions.

Stakeholder Management

 Act as the key finance partner to the Plant Head, Operations, Supply Chain, Procurement, HR, and

Corporate Finance teams.

 Provide financial insights and recommendations to support operational and strategic decision-making.

Additional Responsibilities

 Undertake finance and plant-operations assignments as directed by Corporate Finance and Plant

Leadership.

Requirements

Desired Profile

CMA / MBA Finance.
15+ years of experience in Manufacturing Finance or Plant Finance.
Strong understanding of inventory management, cost accounting, working capital control, and manufacturing operations.
Excellent analytical, stakeholder-management, and business-partnering skills.