Plant Finance Controller- Ahmednagar/ Aurangabad

Purpose of the role

To provide advanced financial support to a business unit to function efficiently and effectively, providing support in preparation of various financial reports, including royalty reconciliation, accounts payable, vendor reconciliation, sustainability reports, tax accounting, and GST invoicing.

Role & responsibilities

• Business Planning, Analysis and Decision Support
• Lead the Annual Operating Plan exercise and develop AOP construct along with Management, functional heads.
• Anchor the monthly Operations Review meeting for review of unit performance plant, sales, logistics etc.
• Drive Productivity Improvement Agenda in the Unit and monitor tracking of initiatives.
• Analyse revenue/ cost lines and working capital for decision support to Management on pricing, trade and Distributor margins and ROI, cost management, GTM, logistics etc.
• Financial Accounting and Reporting/Fund Management
• Ensure adherence to respective country statutory accounting policies
• Completion of Statutory and Internal Audits as per timeline and ensure compliance with audit recommendations
• Monthly reporting of Unit Financial results to Management with detailed Cause of Change Analysis versus Plan.
• Preparation of Financial Reports/ analysis for Unit Operations Review.
• Ensure adherence to Authority Matrix for all S & D spends
• Ensure proper systems in place for accounting and reconciliation with business partners distributors accounting, claims management, reconciliations with CFA, transporters, A&M vendors etc.
• Liaoning with the Govt Agency/ Department of the respective county.
• Financial Controls and Asset Stewardship
• Safeguard company assets by maintaining a high level of financial control throughout the Unit.
• Lead efficient management of working capital and cash flow.
• Implement Company risk management initiatives and Best Practices for all aspects of business spends / purchases across manufacturing and sales operations .
• Ensure adherence to Authority Matrix and exercise appropriate signatory authority as per Company financial policies.
• Commercial / Purchase, Working capital optimization
• Ensure proper systems in place for verifying accuracy of marketplace spending.
• Supply Chain Management
• o Optimization of inventory carrying cost, enhancing purchase efficiency and ensuring ready availability of raw material through active coordination with Purchase Coordinator.
• o As Unit Supply Chain head, ensure leveraging of supply chain systems for smooth operation including best utilization of own fleet.
• • IT and Financial Transaction Processing
• o Implement Best Practice tools which improve the accuracy, timeliness and cost effectiveness of financial transaction processing and reporting.
• o Ensure adherence to IT policies; ensure IT security & Authority matrix as per the system.
• • Legal and Compliance
• o Responsibility for overall compliance and management of all Commercial and Indirect Taxes matters for the respective country.
• o Create awareness among unit members / Sr. Management about relevant changes in local enactments.
• o Ensure optimal tax structuring for Unit operations.
• • People Management
• o Ensuring the growth and development of the people reporting to this position via learning activities and training
• o To ensure that the performance management process is carried out for the people
• o Providing a healthy environment that encourages em

Qualification: CA (Max 3 Attempts)

Preferred candidate profile

• 15-20 years of overall experience in the finance function (preferably in FMCG set up)
• Atleast 10 year with manufacturing unit (post CA)
• Experience on SAP is must.
• Knowledge on various direct & indirect taxes.