Plant Controller

Objectives of the function
To provide accurate, timely, and insightful financial analysis and reporting on key operational KPI
material costs, and in-house parts costing. This role supports decision-making by delivering detailed cost evaluations, variance analyses, and trend reporting, ensuring alignment with the financial a operational goals. This role will drive cost transparency, identify cost-saving opportunities, and enhance the accuracy of cost allocations, enabling the organization to optimize its manufacturing operations and improve profitability
Responsibilities
EI, MOD Business & Large Project Financial Controlling e.g. prepare and analyze all financial
statements.
Material Cost Budgeting and Variance Analysis. Monthly reporting of BU vs Actual Variance
Analysis of: Recovery gap, Activity-rates, Overheads.
Prepare monthly 3 months rolling material cost forecast.
Inward & outward freight cost monitoring & controlling
Evaluate each operational KPIs, and work with all stakeholders to achieve the KPI target.
Monitor and implement plant internal controls (as per ON & SOPs) as necessary to ensure
reporting integrity and identify risks
Support Make or Buy, negotiation and relocation decisions
Make Parts DPC Monitoring on monthly Basis
Cost Center Creation, Create & Maintain Assessment Cycles (Annual/As required)
Maintain Standard Cost and Perform Variance analysis.
Planned/Actual Activity Rate Calculation and Overhead absorption variance analysis
Maintain accuracy in transactions and records for inventory. Support annual physical
inventory audit and monthly perpetual inventory system
Lead the Capital Budgeting Process. Maintain a high-quality FAR, effectively manage the
capitalization process in accordance with ON and WI.
Maintain Cost records and cost audits to meet criteria, as outlined in the Companies (Cost
Records and Audit) Rules.
Update monthly/Quarterly Info Record in SAP etc.

Education
ACA/ACMA/MBA-Finance(From Premier Institute)

Professional Experience
7-10 Years of relevant experience. (Preferably in Automotive or Engineering Industry).
SAP(Mainly FICO) Knowledge is must

Professional Skills
High Communication Skill and Collaborative Approach
Leadership and Team Building
Strategic Thinking
Entrepreneurship

Languages
English, Marathi, Hindi

IT
Experience using Data Intelligence software/Tool/MS Office (MS Excel, Power Point. Proj
Planner etc.)
2-3 years of experience of using Should Costing Tool (aPriori)

Key Competencies
Highly business oriented
Analytical and Critical thinking
Stratergic Financial Planning
Knowledge of Accounting standards and corporate Governance

Standard Awareness
Occupational Health, Safety, environment & Quality policy awareness
ISO 14001, 45001, 9001 standard awareness
ISO 500001 EnMS Standard awareness