Job Description

Department Operational Finance
Employee Type Permanent
Experience range 4 years - 6 years
Job Purpose and Scope Partner with Plant operations and supply chain teams to arrive at financial strategies and solutions to evaluate sales performance and benchmark cost elements of business. Timely realization of cost reduction opportunities and export incentives. Key Accountabilities

• Ensure required MIS reports get circulated accurately, on a timely basis and reviewed with the management team for costs and other parameters.
• Analyze planned vs. actual production, deviation in production plans, project wise material reconciliation, yield & wastage analysis, overhead cost, budget vs. actual fixed costs at monthly, quarter and annual frequency
• Partnering with procurement team on pricing & vendor payment strategy
• Support Supply & Operations planning process by bringing in relevant insights about Inventory, sales trends and other measures as necessary
• Supporting SCM & logistics for compliance with respect to export sales.
• Ensure that proper internal controls are in place at the plant
• Undertake inventory valuation on a monthly basis. Inventory verification on periodic basis and accounting for it on timely basis.
• Co-ordinate for data for New Product Costing and issuing COGS.
• Fixed assets accounting incl. capitalization, CWIP monitoring on regular basis and depreciation run on monthly basis. Fixed Asset schedule preparation for year end audit.
• Inventory analysis, monitoring and controlling. Review inventory of RM, WIP, and FG, Days of inventory outstanding (DIO); Provide necessary insights about inventory in S&OP; Propose inventory related provision as per Accounting policy and recommend Inventory liquidation and write-offs plans as per company’s DOA
• Develop visual dashboards for fixed overheads/manufacturing overhead cost as part of Lean programs
• Optimize cost and inventory across value chain

Education: CA, CWA Experience: 8-10 years of experience 5+ years of Manufacturing Experience Skills & Competencies: In depth understanding of accounting concepts Asset Accounting SAP FICO experience minimum 5 years desired