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.
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