Operations Finance Senior Analyst

Junior Plant Controller

Chakan 2.0 – Junior Plant Controller  |  Operations Finance

This is a core plant finance role — you'll be sitting at the plant, working closely with operations, and owning the numbers that drive manufacturing performance. From tracking hourly rates to building the factory P&L, you'll be the finance partner the plant relies on daily. If you've worked in a manufacturing setup and enjoy being close to the action, this is your kind of role.

1.  Factory P&L Ownership

• Prepare and maintain the monthly Factory P&L for the Ambernath Annex — IS & Switchgear Factory


• Track fixed vs. variable costs, analyse deviations, and flag margin risks early


• Ensure timely and accurate monthly cost closure

2.  Hourly Rate Tracking & Analysis

• Capture, compute, and monitor the plant hourly rate (cost per hour) on a monthly basis


• Analyse movement in hourly rates — volume-driven vs. cost-driven variances


• Present hourly rate trends and bridge analysis to plant leadership

3.  Plant KPIs & Operational Excellence

• Own and report key plant KPIs — Efficiency %, Productivity %, Earned Hours, Conversion Cost per Hour


• Drive Plant Operational Excellence by partnering with operations to identify cost levers and track improvement actions


• Prepare monthly plant performance scorecards

4.  Productivity Savings

• Track and validate productivity savings initiatives at the plant level


• Maintain a savings tracker with clear project-wise breakdowns and YTD impact


• Coordinate with operations and CI teams to quantify and sign off on realized savings

5.  PDSL (Promise Date Service Level) Analysis

• Analysis of PDSL Forecast v/s Actuals


• Gaps in Understanding why PDSL was not met 

6.  Rate Contracts & Vendor Rate Management

• Review and track rate contracts for key plant services (labour, maintenance, logistics, consumables)


• Monitor vendor rates against benchmarks and flag deviations


• Support procurement finance in rate negotiations with cost data and spend analytics

7.  Headcount Analysis — Hired vs. Required

• Maintain and report monthly Headcount Hired vs. Headcount Required for the plant (permanent + contract)


• Analyse manpower cost per unit and productivity per head


• Flag over/under-staffing and support workforce planning with data

8.  Budgeting, Forecasting & MIS

• Support annual budgets and periodic rolling forecasts (4+8, 8+4) for plant costs


• Prepare plant-level MIS and flash reports


• Build bridge analysis — Actuals vs. Budget vs. Prior Year

9.  Oracle ERP Operations

• Handle day-to-day plant accounting transactions in Oracle — JVs, cost uploads, accruals, reconciliations


• Ensure correct cost centre and account mapping


• Generate reports and extracts from Oracle for analysis

10.  Compliance & Standards

• Ensure all plant accounting is in line with applicable Accounting Standards (Ind AS) and Cost Accounting Standards (CAS)


• Support internal/external audits with plant-level documentation


• Maintain strong internal controls over plant financial processes

AreaRequirement

• Exposure to Earned Hours methodology and conversion cost frameworks


• Experience working with intercompany (ICO) transactions or contract manufacturing setups


• Familiarity with CapEx tracking and project accounting


• Understanding of energy cost analysis and utility rate tracking

• Someone who's comfortable on the shop floor — not just behind a desk


• Can connect the dots between operational actions and financial outcomes


• Proactive — doesn't wait for month-end to spot issues


• Can explain cost movements in simple language to non-finance teams


• Takes ownership of the numbers and drives action, not just reporting