Cost Controller Analyst

Role & responsibilities

Job Title: Manager Finance / Cost Controller Analyst

Job location: Bavla, Ahmedabad

Venue: Versuni India Home Solutions Ltd (Formerly Known as Philips Domestic Appliances India Limited)

Plot No. 56 (Plot No. R), Gallops Industrial Park-1, Village Rojada, Taluka Bavla, Ahmedabad 382220

Reports to: Finance Lead - Preethi

Versuni, formerly known as Philips Domestic Appliances, has a simple yet powerful purpose of turning houses into homes. As a house of brands Versuni is home to the brands: Philips, Preethi, Saeco, Gaggia, Philips Walita, L'OR Barista and Senseo. Through meaningful innovation, we improve the lives of people, helping them to lead healthier and happier lives every day. We are looking for a highly motivated, progressive thinker who works with a growth mindset. If you love innovation, challenges and fast-paced ideation, this role may be for you.

Key Roles & Responsibilities:

• Plan and direct management accounting activities (cost & variance analysis, monthly performance analysis, investment decisions, balance sheet management and decision support) for the manufacturing units.
• Ensure strict adherence to established processes and controls and drive compliance mindset in the factory.
• Lead the financial monitoring of the units and the implementation of corrective actions.
• Execute the business planning process, which includes setting up budgets, rolling forecasts and Monthly performance reviews.
• Ensure that the appropriate information systems are in place for management & financial accounting purposes.
• Manage the finance and accounting team of the units ensuring appropriate training and capabilities with the staff.
• Ensure that proper Business and financial controls are maintained in the units and that the organization adheres to it.
• Ensure controls on production inventory (eg., Periodic physical verification, Perpetual count, Obsolete inventory liquidation etc.,)
• Managing P&L of the factory
• Factory operations performance MIS preparation and review with stakeholders
• Takes responsibility of optimization of cost & drive savings initiatives
• Member of Factory Management Team & is responsible to ensure organization is living upto General Business practices in their day-to-day job.
• Evaluating site Capex proposal and budget management
• Ensure periodic vendor accounts reconciliation and dispute resolution
• Global review and reporting factory performance
• Co-ordination with commercial business and extend support

To succeed in this role, you should have the following skills and experience

• Education: CA / ICWA
• Experience: 3- 5 years of experience in handling F&A function in a Manufacturing unit preferably in Consumer durables / FMCG industry of repute.
• Sound Understanding of Product Costing
• Sound Understanding of Manufacturing Accounting and Controls
• Short and mid-term planning.
• Cost management.
• Net-asset management.
• Business and financial controls.
• Good in Excel & Power point

Preferred candidate profile