Plant Finance - Asst. Manager - Nagpur

Assistant Manager Finance & Accounts ISC DepartmentCOMMUNICATION & WORKING RELATIONSHIPS InternalExternal

• All Departments
• Senior Management
• Business partners
• Payment Gateways
• Auditors and Consultant

DESCRIPTIONJob Summary

• Handling and Preparation of MIS
• Detailed understanding of P&L and Variance Analysis
• Handling areas related to Food Cost. Handling Statutory/ Internal Audit
• Handling areas related to Inventory like Inventory movement analysis and its Audit

Key Job ResponsibilitiesTotal Delivered Cost :

• Monthly preparation SCC G&A and Logistic analysis and timely reporting to the HO and SCC Head.
• Detailed analysis of SCC G&A and Logistics cost with the root cause of variances.
• Developing the corrective action plan in discussion with functional head/related head of the department.
• Generating the new ideas to tackle the cost inflation and maximize the efficiency of the operation in parallel with the budgeted cost target.

Key parameter of analysis :

• Material Cost (rate variance)
• Commissary usage variance
• Inventory reconciliation losses (Including trays)
• Inbound freight+Outbound freight
• Inventory write-offs due to damages and expiry & temperature abuse during transit and not claimed from transporters.

Benchmarking :

• Preparation of Benchmark in discussion with FH for all the components of Total Delivered Cost to have a better analysis in consideration of each changing conditions.

CSA Audit & Inventory Audit:

• Regular / Effective CSA audits in the SCC
• Track the status of gaps / committed corrective action steps across CSA audits, Internal Audits, Statutory Audits, IFCR Audits
• Coordination with HO for smooth inventory audit.
• Discussion with commissary head about the major variance found during the physical verification of inventory.

Budgeting

• Preparation of Budget for SCC G&A and SCC Logistics.
• Finalization of Budget in consultation with Commissaries head and ISC Finance Manager.

Fixed Asset

• Ensure that all the additions of fixed assets in commissaries entered in SAP/FAR.

Any deletion of fixed assets/change in location of fixed assets only after prior approval of SCC HOD and Maintenance HOD and correspondence changes in FAR. Budgeting

• Preparation of Budget for SCC G&A and SCC Logistics.
• Finalization of Budget in consultation with Commissaries head and ISC Finance Manager.

Cash Management

• Handling the petty cash expenses of the SCC.
• Process the cash transaction only after SCC head approval.
• Handling the physical cash and keep update with SAP balance.

Closing of all the activities related to MIS of ISC are as below :

• Timely booking of bills related to Capex, Opex, Raw Material and Logistics.
• Timely submission of provision related to G&A to MIS team.
• Booking of write off related to IRA for the month with in 10 days of physical verification of inventory.

Bill processing and payment for vendors followup

• Monitoring the delay in submission of bills to Finance for material, services, Capex, transporter against the target of 7 days from the date of GRN/SRN..
• Timely booking of vendor bills and payment as per the due date in coordination with Support helpdesk and HO Finance team.
• Weekly monitoring of vendor ageing with payment due or not due.
• Resolving the vendor payment issue in coordination with Finance team and ISC Manager Finance.

BASIC QUALIFICATION

• Qualification & Experience - Preferably from MNC who has worked under tight control environment.
• 4-5 years experience, CA Intermediate or ICWA, with experience in similar sized, scale complexity
• Knowledge of SAP is required e.g. FIFO Run/ Inventory/ Production Order Settlement Run etc.

PREFERRED QUALIFICATION/SKILLS

• Should preferably have exposure of working in SAP.
• Should preferably have exposure of working in Excel, Advance Excel, Power pivot etc.
• Should have the ability to interact with cross functional teams towards common goals.
• Excellent communication & analytical skills. Should possess excellent interpersonal skills.