Unit Finance Manager

Job Description

Key Responsibilities:

Financial Planning & Analysis (FP&A):

• Develop and manage annual budgets in alignment with plant goals and corporate guidelines.
• Provide variance analysis and insights to plant management.
• Forecasting and long-term financial planning to support business decisions.

Financial Control:

• Establish and maintain internal controls to safeguard plant assets.
• Ensure compliance with local laws, company policies, and accounting standards.
• Manage the month-end and year-end closing processes efficiently.

Cost Control & Optimization:

• Monitor production costs, identifying areas for cost reduction and efficiency improvement.
• Work closely with operations to analyze production variances and implement corrective actions.
• Conduct regular cost reviews and provide recommendations for cost optimization.

Inventory Management:

• Oversee inventory valuation, ensuring accuracy and proper controls.
• Analyze inventory levels and coordinate with production to optimize working capital.

Financial Reporting:

• Prepare accurate and timely financial reports for plant management and corporate headquarters.
• Ensure compliance with statutory reporting requirements.

Business Partnering:

• Collaborate with cross-functional teams including operations, supply chain, and sales to drive business performance.
• Provide financial insights to support decision-making and strategic initiatives.

SAP Expertise:

• Utilize SAP systems for financial planning, reporting, and analysis.
• Provide guidance and training on SAP functionalities to finance team members.
• Streamline and optimize SAP processes for enhanced efficiency and accuracy.

Audit & Compliance:

• Coordinate internal and external audits, addressing audit findings and implementing recommendations.
• Ensure adherence to corporate governance and ethics standards.

Team Management:

• Lead and develop a team of finance professionals, providing guidance and coaching.
• Foster a culture of continuous improvement and excellence within the finance function.

Education Qualification required

B.Com/ M.Com. MBA (Finance) preferred

Key Skills and Attitude Required

• Minimum 8-10 years of
• FMCG or manufacturing industry experience highly preferred.
• Strong understanding of cost accounting, budgeting, and financial analysis.
• Proficient in SAP systems with hands-on experience in SAP modules such as FICO, MM, PP, etc.
• Knowledge of local taxation, accounting standards, and regulatory requirements.
• Advanced MS Excel skills.
• Excellent communication skills with the ability to present financial information to non-finance stakeholders.
• Strategic mindset with a focus on driving business results and operational improvements.
• Leadership skills to inspire and develop a high-performing finance team.

Experience

8 10 years of experience in finance and accounting.