Team Member Factory Finance

Finance

Operations Finance

Manufacturing Finance

Drive accounting & Bookkeeping by ensuring accuracy timeliness and completeness of books of accounts to present true and fair view of Financial status.

Accounting & Period Closing:

• Ensure accurate complete and compliant accounting of all plant-related transactions in accordance with company policies accounting standards and statutory requirements.
• Lead month-end and year-end closing activities including Provision and accrual accounting Prepaid expense accounting and amortization.
• GL reviews and correction journal entries wherever applicable.
• Account reconciliations and other necessary accounting adjustments.
• Ensuring accuracy for all the assigned period-end closing activities and completeness of the TB and financial records.

Reporting & MIS:

• Prepare review and analyze monthly OPEX reports and other MIS reports for plant leadership and corporate finance teams.
• Provide financial insights and commentary on key performance indicators cost trends and business drivers to support management decision-making.

& Cost Management:

• Drive the annual OPEX budgeting process for the plant including budget preparation consolidation review and submission.
• Monitor actual expenditure against approved budgets and forecasts on an ongoing basis.
• Perform detailed variance analysis and provide explanations for significant deviations along with corrective action recommendations.
• Collaborate with plant and cross-functional teams to identify evaluate and implement cost optimization initiatives driving sustainable savings across various expense categories.

Governance:

• Ensure timely GRN creation by plant users to facilitate accurate accounting of purchases and liabilities.
• Coordinate with finance and shared service teams to ensure timely invoice processing accounting and vendor payments in line with agreed timelines.
• Review open POs regularly and work with stakeholders to close remove or clean up obsolete and aged POs from the system to maintain data accuracy and control.

& Customer Master Management:

• Manage vendor and customer master data creation modification and maintenance in SAP ensuring compliance with internal controls and approval requirements.

6. Internal Controls & Compliance:

• Actively drive and strengthen internal control processes at the plant.
• Ensure adherence to DOA requirements company policies SOPs and compliance frameworks.
• Monitor control effectiveness and support implementation of corrective actions for identified gaps.
• Promote a strong governance and compliance culture across plant operations.

Management:

• Maintain and monitor petty cash transactions including proper recording of cash inflows and outflows.
• Ensure adequate supporting documentation approvals reconciliations and compliance with internal control requirements.

Coordination:

• Coordinate and support all plant-level audits including Statutory Audits Internal Audits Inventory and Stock Audits Cost Audits and Special Audits any ad hoc audits initiated by management.
• Facilitate timely submission of audit information and ensure closure of audit observations and action plans.

9. Regulatory Reporting & External Coordination:

• Coordinate regulatory and statutory reporting requirements applicable to the plant.
• Collect validate consolidate and submit required data to external agencies and government bodies such as GST department NSSO and other regulatory institutions within stipulated timelines.

Management & Business Support:

• Work closely with plant leadership operations admin HR and corporate finance teams to support business objectives.
• Provide financial guidance and analytical support for operational and strategic decision-making.
• Undertake special projects business analyses and other assignments as requested by plant management or corporate leadership.

Qualified CA/CMA

3 - 7years of work experience in plant finance.