Assistant Manager, Account & Finance (Plant)

Role & responsibilities

1. Plant Accounting & Reporting

• Ensure accurate and timely month-end closing and financial reporting.
• Review plant TB, and key financial KPIs.
• Ensure proper accounting of production, inventory, overheads, and capital expenditure.
• Track actual performance against budget and explain major variances.
• Timely Bill Booking & Vendor Payments
• Work closely with Plant Head, Production, ME, Supply Chain and Maintenance teams.

2. Costing & Cost Control

• Monitor product, process, and manufacturing costs.
• Analyse material, labour, power, overhead, and conversion costs.
• Identify cost variances and drive corrective actions with plant operations.
• Support productivity and cost-reduction initiatives.

3. Inventory Working Capital

• Monitor inventory levels, inventory valuation, slow-moving/obsolete stock, and provisions.
• Drive working-capital optimization.
• Review receivables, payables, inventory days, and cash-flow requirements.

4. CAPEX & Fixed Assets

• Track project spending against approved budgets.
• Ensure proper capitalization, asset accounting, depreciation, and physical verification.

5. Audit & Compliance

• Coordinate internal, statutory, tax, and other audits.
• Preparation of Cost Audit Data

Preferred candidate profile

CA / CMA

5 years of relevant experience in plant/manufacturing finance.

Experience with SAP system is preferred