Plant Controller
Department:
Job Summary
Job Purpose:
The Plant Controller will be responsible for managing the financial operations of the Bangalore assembly facility ensuring robust financial controls cost management inventory governance compliance and strategic business partnering with plant leadership. The incumbent will drive operational excellence through financial analysis budgeting forecasting and performance monitoring while ensuring adherence to statutory and corporate governance requirements.
Job Responsibilities:
Financial Planning & Analysis
- Lead annual budgeting forecasting and long-range financial planning for the plant.
- Analyse plant performance against budgets and identify key variances.
- Provide actionable insights to improve profitability productivity and cost efficiency.
- Prepare monthly management reports dashboards and KPI reviews.
Plant Costing & Cost Control
- Manage standard costing product costing BOM/routing cost review and variance analysis.
- Monitor manufacturing costs overhead absorption labour efficiency material usage purchase price variance scrap/rework and production variances.
- Drive cost optimization initiatives across production and support functions.
- Evaluate investment proposals and support capital expenditure decisions.
Inventory & Working Capital Management
- Ensure accurate inventory accounting and valuation.
- Monitor inventory levels slow-moving and obsolete stocks.
- Lead physical inventory verification cycle count and reconciliation processes.
- Drive working capital improvement initiatives including inventory turns and cash visibility.
Financial Controls & Compliance
- Establish and strengthen internal controls across plant operations.
- Ensure compliance with accounting standards company policies delegation of authority and statutory requirements.
- Support month-end close balance sheet reconciliations fixed asset controls provisions accruals and reporting for plant-related areas.
- Support internal statutory cost and tax audits and ensure timely closure of audit observations.
- Monitor financial risks and implement mitigation measures.
Corporate Governance & Compliance
- Ensure compliance with Companies Act and corporate governance requirements.
- Coordinate with auditors regulators consultants and external stakeholders as required.
- Maintain adherence to internal policies and regulatory requirements.
Business Partnering
- Partner with Plant Head and Operations teams to improve business performance.
- Support manufacturing excellence initiatives through financial analytics.
- Provide commercial inputs for sourcing pricing and operational decisions.
- Participate in strategic projects process improvements SAP discipline and digital transformation initiatives.
- Support the Finance Director on broader Smiths Detection India controllership reporting audit and compliance matters as required.
Qualifications :
Key Skills & Competencies
- Manufacturing Finance & Plant Controllership
- Cost Accounting Product Costing & Variance Analysis
- Budgeting and Forecasting
- Financial Analysis & Business Partnering
- Inventory Management Working Capital & Fixed Assets
- Internal Controls Risk Management & Audit Support
- Statutory Compliance Corporate Governance & Secretarial Compliance
- SAP/ERP Systems Proficiency
- Advanced Excel and Financial Modelling
- Strong Stakeholder Management Skills
Educational Qualifications
Mandatory:
- Chartered Accountant (CA) or CPA
Preferred:
- MBA finance and additional certification in Cost Management SAP or Financial Planning.
Experience Requirements
- 8-12 years of post-qualification experience in manufacturing assembly automotive industrial engineering or process industries.
- Strong experience in plant finance cost controlling inventory accounting month-end close audits and manufacturing operations.
- Exposure to ERP environments with SAP preferred.
- Experience in driving financial controls statutory compliance and audit processes.
- Demonstrates the required functional and/or technical knowledge and skills to achieve the highest level of accomplishment.
Additional Information :
Join us and well help build your career with excellent training and opportunities for career growth across the business both locally and globally. Youll experience an inclusive environment with strong leadership and a focus on safety and wellbeing. Youll also have the flexibility to choose from a wide range of benefits to suit your lifestyle offering you and your family support from a health and wellbeing financial and lifestyle perspective.
Join us and work for a world-leader with the benefits and training to reward your dedication and skills. Be part of a team where we are making the world a safer place.
We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of color religion sex sexual orientation gender identity national origin economic status disability age or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics where we celebrate support and embrace diversity.
At no time during the hiring process will Smiths Detection nor any of our recruitment partners ever request payment to enable participation including but not limited to interviews or testing. Avoid fraudulent requests by applying jobs directly through our careers website.
Remote Work :
No
Employment Type :
Full-time
About Company
Smiths Group is a global technology company that delivers solutions for the worlds evolving challenges. With a history spanning over 170 years, we operate across multiple sectors, including healthcare, energy, defense, and manufacturing. Our five divisionsJohn Crane, Smiths Detectio ... View more