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Role Overview: We are looking for a seasoned finance professional to lead the plant finance function, ensuring strong financial governance, cost control, compliance, and business partnering with plant operations. The role will play a critical part in driving profitability, operational efficiency, and financial discipline at the manufacturing unit. Key Responsibilities: 1. Financial Planning & Analysis (FP&A): - Lead annual budgeting, forecasting, and long-term financial planning for the plant - Monitor actual performance vs. budget and drive variance analysis - Provide actionable insights to improve plant profitability and efficiency 2. Cost Control & Optimization: - Drive cost control initiatives across manufacturing, procurement, and supply chain - Analyze product costing, standard costing, and variance (material, labor, overhead) - Identify cost-saving opportunities and implement process improvements 3. Plant Accounting & Reporting: - Oversee plant-level accounting, month-end closing, and financial reporting - Ensure accurate inventory valuation and reconciliation - Maintain strong controls over fixed assets and capital expenditure tracking 4. Inventory & Working Capital Management: - Monitor inventory levels, slow/non-moving stock, and obsolescence provisions - Optimize working capital by improving inventory turns and receivables/payables cycles - Collaborate with operations to ensure efficient material management 5. Compliance & Internal Controls: - Ensure adherence to statutory regulations, internal audit, and SOX/compliance frameworks - Strengthen internal controls and governance processes - Coordinate with auditors (internal & external) for plant audits 6. Business Partnering: - Work closely with Plant Head and cross-functional teams (Operations, Procurement, Supply Chain) - Support decision-making through financial insights and scenario analysis - Evaluate capex proposals and ROI analysis for new investments 7. Team Leadership: - Lead and mentor the plant finance team - Drive capability building and performance management within the team Key Requirements: - Qualified CA / CMA / MBA (Finance) - 12-15 years of experience in plant finance / manufacturing finance - Strong exposure to costing, inventory management, and plant operations - Experience in industries like manufacturing, FMCG, automotive, chemicals, or engineering preferred - Proficiency in ERP systems (SAP/Oracle) and advanced Excel - Strong analytical, stakeholder management, and leadership skills Preferred Skills: - Hands-on experience in standard costing & variance analysis - Knowledge of lean manufacturing / cost optimization frameworks - Ability to work in a fast-paced, multi-functional environment Key Success Metrics: - Improvement in plant cost efficiency and margins - Accuracy and timeliness of financial reporting - Reduction in inventory holding and working capital cycle - Strong audit and compliance track record

Delhi

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

Job Description for Euler Motors - General Manager/Assistant General Manager - Plant Finance  in Euler Motors in  Delhi for (12-15) years of experience. Apply Now!

Euler Motors - General Manager/Assistant General Manager - Plant Finance  | iimjobs.com