Executive /Sr. Executive Finance

Role & responsibilities

Financial Planning & Reporting

• Ensure timely and accurate financial planning, forecasting, and reporting activities for the factory.
• Prepare annual budgets and factory target agreements.
• Monitor financial performance against budgets and forecasts, highlighting key risks and opportunities.
• Conduct variance analysis of KPIs versus budget and forecast, recommending corrective actions.

Profitability & Cost Management

• Perform order-wise and product portfolio-wise profitability analysis.
• Oversee product costing processes, including standard cost updates and cost variance analysis.
• Prepare detailed costing reports and provide insights to improve margins and efficiency.

Accounting & Compliance

• Maintain integrity of financial books and records in line with IFRS and internal control guidelines.
• Manage month-end closing activities, ensuring accurate revenue and cost recognition.
• Handle inventory accounting, reconciliations, and reporting.
• Review pricing for incoming orders and initiate credit/debit notes for discrepancies.

Working Capital & Cash Flow Management

• Monitor and control working capital, including inventory, payables, and capex.
• Support cash flow planning and optimization initiatives.

Project & Asset Management

• Track and monitor factory expansion project costs and perform variance analysis.
• Conduct periodic review and capitalization of CWIP (Capital Work in Progress).
• Support physical verification of fixed assets.

Digitalization & Process Improvement

• Drive digitalization and automation initiatives within finance processes.
• Identify opportunities to improve efficiency, accuracy, and reporting capabilities. 

Preferred candidate profile

• CA / CMA / MBA (Finance) with experience in manufacturing or plant finance.
• Strong knowledge of costing, inventory accounting, and financial planning.
• Familiarity with IFRS and ERP systems (SAP preferred).
• Strong analytical skills, attention to detail, and stakeholder management.
• Proactive with a focus on efficiency and continuous improvement.