Job Description & Responsibilities :-

1. Spearhead the finance function of manufacturing unit based on the position location. The position will be responsible to sustain strong financial processes and systems of this unit by

2. Drive the cost reduction initiatives at Plant level

3. Network with Purchase team in spearheading the purchasing cost optimization

4. Understand the key drivers of the cost elements and working closely with Plant operations team exploring various cost reduction projects

5. Budgeting, Monthly reporting, Projections to Head Office on the costing, variances and discussing the same with Plant Operations Head

6. Internal Controls Compliance.

7. Preparation of various MIS reports on inventory, spares and consumables consumption, Purchase price etc.

8. Ensuring proper inventory management to control working capital

9. Benchmarking of the plant costs across location/products/manufacturing lines

10. Scenario Analysis/Make or Buy

11. Evaluating Investment proposals (including large/medium capex)

12. Project Management

13. Collaborate with Shared Services center for transactions relating to Payables, Book Closing, Taxation, etc

14. Highlighting key areas of concerns to management and thus enabling decision-making and help organization improving profitability.