Euler Motors - Assistant General Manager/General Manager - Plant Finance

Position: AGM / GM - Plant Finance

Qualification: CA

Role Objective

To lead plant-level finance operations and ensure accurate product costing, budgeting, inventory control, compliance, and financial planning, contributing to cost efficiency and profitability of the manufacturing unit.

Key Responsibilities

Plant Finance & Operations

- Lead and manage all finance activities at the plant level.

- Prepare, analyze, and control Plant P&L, variance reports, and cost reduction initiatives.

- Drive monthly and annual financial closures in alignment with corporate timelines.

Costing & Budgeting

- Handle product costing (BOM-based), COGS/COGM, standard vs. actual cost analysis.

- Own capex and opex budgeting, forecasting, and reporting.

- Drive value engineering and cost optimization projects.

Inventory & Material Accounting

- Monitor and control plant inventory (RM, WIP, FG, spares).

- Lead inventory audits, reconciliations, and stock valuation.

- Implement inventory reduction strategies in coordination with SCM.

Compliance & Controls

- Ensure compliance with statutory audits, internal audits, GST, TDS, and other tax requirements.

- Maintain documentation and coordinate with auditors and government authorities.

Systems & Processes

- Drive SAP-based reporting, automation, and controls (FICO/MM/SD modules).

- Identify process improvement opportunities and lead automation/efficiency projects.

- Implement SOPs and internal control mechanisms across the plant.

Cross-functional Coordination

- Work closely with Production, SCM, Quality, HR, and Engineering teams.

- Provide finance inputs for new product launches, capex proposals, and vendor development.

Key Skills Required

- Strong knowledge of product costing, plant accounting, and MIS.

- Expertise in SAP (FICO/MM), Microsoft Excel, financial dashboards.

- Experience in working in a multi-plant, high-speed manufacturing setup.

- Strong business acumen, analytical mindset, and leadership skills.

- Ability to drive cost control and strategic finance initiatives.

Preferred Background

- Experience from EV / automotive / component / FMCG manufacturing plants.

- Exposure to greenfield/brownfield project finance is a plus.