Deputy General Manager (DGM) Finance - Plant Level

Job Summary: We are looking for an experienced Deputy General Manager (DGM) Finance who will oversee all financial aspects of our Hoshiarpur facility. The ideal candidate will have a strong background in plant accounting, management information systems (MIS), budgeting, costing, reconciliation, accounts payable (AP)/accounts receivable (AR), month-end activities, SAP knowledge, and treasury functions. This role requires a strategic thinker with advanced financial acumen and leadership skills to ensure the financial health and operational efficiency of the plant.

Responsibilities:

Financial Planning and Analysis:

• Develop and oversee financial planning, budgeting, and forecasting processes for the plant.
• Conduct variance analysis and provide insights to optimize financial performance.
• Ensure accurate and timely preparation of management reports.

Costing and Cost Management:

• Implement and maintain robust costing systems and methodologies.
• Analyse manufacturing costs and provide recommendations for cost optimization.
• Monitor and control plant expenses and overheads.

Financial Reporting and Control:

• Manage month-end and year-end close activities, including financial reconciliations.
• Ensure compliance with corporate accounting policies, IFRS, and statutory requirements.
• Prepare and present financial statements and reports to senior management.

Accounts Payable/Accounts Receivable:

• Oversee accounts payable and accounts receivable functions, ensuring timely processing and reconciliation.
• Monitor credit control and collections activities.

Treasury Management:

• Manage cash flow and liquidity for plant operations.
• Monitor banking activities and optimize cash balances.
• Execute financing and investment decisions.
• Management Information Systems (MIS):
• Develop and maintain effective MIS for financial reporting and analysis.
• Utilize SAP or similar ERP systems effectively to extract financial data and generate reports.

Team Leadership and Development:

• Lead and mentor the finance team at the plant level.
• Foster a culture of continuous improvement and high performance.

Requirements:

• CA Qualified with a proven experience as a Finance Manager, Controller, or similar role in a manufacturing environment.
• Strong knowledge and experience in plant accounting, costing, budgeting, and financial analysis.
• Proficiency in SAP or similar ERP systems.
• Excellent understanding of treasury functions and cash management.
• Strong analytical and problem-solving skills.
• Ability to communicate effectively with stakeholders at all levels.