Operations Finance Senior Analyst

Junior Plant Controller

Ambernath Annex - IS & Switchgear Factory | Operations Finance

Position Junior Plant Controller Location Ambernath Annex - IS & Switchgear Factory, Maharashtra, India Department Operations Finance Reports To Plant Controller - Ambernath Annex Experience 3-4 Years Qualification CMA (ICMAI) - Qualified

This is a core plant finance role - youll be sitting at the plant, working closely with operations, and owning the numbers that drive manufacturing performance. From tracking hourly rates to building the factory P&L, youll be the finance partner the plant relies on daily. If youve worked in a manufacturing setup and enjoy being close to the action, this is your kind of role.

1. Factory P&L Ownership

• Prepare and maintain the monthly Factory P&L for the Ambernath Annex - IS & Switchgear Factory
• Track fixed vs. variable costs, analyse deviations, and flag margin risks early
• Ensure timely and accurate monthly cost closure

2. Hourly Rate Tracking & Analysis

• Capture, compute, and monitor the plant hourly rate (cost per hour) on a monthly basis
• Analyse movement in hourly rates - volume-driven vs. cost-driven variances
• Present hourly rate trends and bridge analysis to plant leadership

3. Plant KPIs & Operational Excellence

• Own and report key plant KPIs - Efficiency %, Productivity %, Earned Hours, Conversion Cost per Hour
• Drive Plant Operational Excellence by partnering with operations to identify cost levers and track improvement actions
• Prepare monthly plant performance scorecards

4. Productivity Savings

• Track and validate productivity savings initiatives at the plant level
• Maintain a savings tracker with clear project-wise breakdowns and YTD impact
• Coordinate with operations and CI teams to quantify and sign off on realized savings

5. PDSL (Promise Date Service Level) Analysis

• Analysis of PDSL Forecast v/s Actuals
• Gaps in Understanding why PDSL was not met

6. Rate Contracts & Vendor Rate Management

• Review and track rate contracts for key plant services (labour, maintenance, logistics, consumables)
• Monitor vendor rates against benchmarks and flag deviations
• Support procurement finance in rate negotiations with cost data and spend analytics

7. Headcount Analysis - Hired vs. Required

• Maintain and report monthly Headcount Hired vs. Headcount Required for the plant (permanent + contract)
• Analyse manpower cost per unit and productivity per head
• Flag over/under-staffing and support workforce planning with data

8. Budgeting, Forecasting & MIS

• Support annual budgets and periodic rolling forecasts (4+8, 8+4) for plant costs
• Prepare plant-level MIS and flash reports
• Build bridge analysis - Actuals vs. Budget vs. Prior Year

9. Oracle ERP Operations

• Handle day-to-day plant accounting transactions in Oracle - JVs, cost uploads, accruals, reconciliations
• Ensure correct cost centre and account mapping
• Generate reports and extracts from Oracle for analysis

10. Compliance & Standards

• Ensure all plant accounting is in line with applicable Accounting Standards (Ind AS) and Cost Accounting Standards (CAS)
• Support internal/external audits with plant-level documentation
• Maintain strong internal controls over plant financial processes

AreaRequirement

Qualification CMA (ICMAI) - Qualified Experience 3-4 years in a manufacturing plant finance / plant controlling role Accounting Standards Well-versed with Accounting Standards (Ind AS) and Cost Accounting Standards (CAS) Industry Core manufacturing (mandatory) - preferably heavy engineering, electrical, or process industry ERP Hands-on Oracle ERP experience (GL, Costing, Inventory modules) Cost Accounting Strong understanding of CAS, standard costing, variance analysis, absorption costing Communication Strong verbal and written communication - can present to plant leadership confidently Excel Advanced - pivots, lookups, large data handling, dashboard-level MIS

• Exposure to Earned Hours methodology and conversion cost frameworks
• Experience working with intercompany (ICO) transactions or contract manufacturing setups
• Familiarity with CapEx tracking and project accounting
• Understanding of energy cost analysis and utility rate tracking

• Someone whos comfortable on the shop floor - not just behind a desk
• Can connect the dots between operational actions and financial outcomes
• Proactive - doesnt wait for month-end to spot issues
• Can explain cost movements in simple language to non-finance teams
• Takes ownership of the numbers and drives action, not just reporting