Finance Controller - R&D & Purchase Controlling - Manufacturing

Role Overview:

We are seeking candidates from FP&A or finance controller backgrounds with Manufacturing or power/energy sector experience (Not at Plant level). The role requires the incumbent to own Purchasing & R&D Controlling. The person will act as a financial business partner to the Purchase Team and be responsible for R&D Controlling, ensuring financial discipline, cost governance, compliance, accounting, and value optimisation.

R&D Controlling & Accounting:

- Preparation of Annual Operating Plan (AOP) for Business Units

- Financial Outlook and forecast/Projections on a Quarterly basis

- Sales, Opex, Margin working, Cash flow understanding and analysis

- Month end closing process for financial reporting, preparation of monthly Financials and reports (i.e. P&L a/c, project profitability etc. with income & expenses analysis and ownership for Balance Sheet) in ERP set-up (SAP S4-HANA)

- MIS & Reporting for monthly, Quarterly and Annual periods

- R&D Accounting (Opex & Capex)

- Business Productivity analysis for continuous improvements

- Review and control of marketing expenses/service Expenses including warranty/ replacement cost

Purchase Controlling:

- Budgeting and Cost Planning: Budgets, Cost assumptions & Savings projections

- Cost Control and Price Benchmarking: Develop cost models for materials, Components, Contract Manufacturing; Conduct Price benchmarking, Should-cost analysis, Market trend analysis

- Establish financial controls and governance over procurement processes

- Compliance with: DOA, Budget approval, Opex controls

- Act as Finance Business Partner to Purchase team for Cost negotiations, evaluation of vendors, Strategic sourcing decisions & vendor negotiations for Vendor Financial Evaluation: Financials & credit Risk, credit limit, payments

- Contract and Commercial Risk Management: Review commercial terms in different types of contracts

- Procurement MIS and Analytics: Procurement Dashboard, spend and variance analysis & monthly procurement performance reports to leadership

- Compliance and Audit Support: Support Internal controls, Audits & ensuring purchase SOPs in place

- Cross-functional Coordination: Work closely with Production, R&D, Quality, Projects & Finance

- Digital literacy: Good command on SAP S4/HANA, MS-Office: MS Excel, MS PPT, Power BI. Knowledge of AI and its application will be an added advantage

- Compliance & Audit - SOP & COA management, Handling Internal Audit, Stat Audit, Physical stock verification with External Auditors on a periodic basis

Required Qualifications:

- Chartered Accountant (CA) / Cost Accountant (CMA) - Preferred

- MBA (Finance) with strong procurement finance exposure

Experience Requirements:

- 4 - 6+ years of experience in Manufacturing finance / Procurement finance / Supply chain finance