a leading listed chemical manufacturing company
Plant Controller (Finance)
Job Description
Role DGM-Finance ControllerQualification CA ( Must)Exp 12 15 years of experience in Plant or Operations Finance ControllerExperience in Pharma or chemical manufacturing will be preferredThe role entails maintaining control over the operations of the plant through financial due diligence and oversight. It involves getting an understanding of the production process, identifying & applying necessary controls at all areas that are likely to cause a financial loss or other forms of loss to the organization and measuring appropriate outcomes in terms of costs of production. Additionally, need to oversee the day-to-day accounting operations interms of bill booking, appropriate accounting for provisions, costing and timely monthly closures.Key Points:i. Manage and execute day-to-day finance operations of the plant in the form of billapprovals, provisions, costing and monthly closures ii. Draw up the budget for the plant on an annual basis at the time of the annual businessplan keeping in mind past performance, areas of expected improvement and initiatives that areunderway iii. Maintain tight control on the spends and production efficiencies of the plant by constantlymeasuring PR/PO/Spends vs budget as well as previous trends. Highlight where losses have been incurredor deviations taken from the plan iv. Oversee and continuously evaluate the allocation of costs for arriving at variable costs aswell as various cuts of plant profitability v. Oversee overall financial health of the plant in terms of propriety of spends, inventorymaintenance + usage, finished goods storage and quality outcomes vi. Partner with various stakeholders at the Plant and HO to ensure right communication andexecution of deliverables towards day-to-day operations, monthly closures and reviews vii. Ensure all compliances from a financials standpoint with respect to tax and laws of thestate viii. Work with internal audit team as well as initiate action on their own to stress test thecontrol procedures at the plant ix. Review and oversee the execution of capex proposals at the plant both at the time ofimplementation and after completion to ensure right outcomes