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12/02 P G Ganesh
Vice President/Partner at Perfect Placer Management Consulting

Views:296 Applications:96 Rec. Actions:Recruiter Actions:26

Finance Plant Controller - Manufacturing Industry (10-15 yrs)

Gujarat Job Code: 1374005

Finance Plant Controller

Responsible for developing and implementing financial procedures, overseeing budgeting, and forecasting, and ensuring the accuracy and integrity of financial data.

Role & responsibilities:


- Work closely with plant head, project team, and commercial team at plant for strengthening internal financial controls and operating controls at Plant.

- Partner with plant team and support Controls and Compliance Lead in the standardization of various processes; recommend changes in the IT systems for strengthening controls.

- Support Head - Control and Compliance in formation and circulation of policies and guidelines including road maps for preparation and adopting new changes in the field of accounts, TAX or systems (SAP).

- Support in devising a strong and robust control mechanism at plant for new shared services to be implemented in the company.

- Support in development of DOA and its implementation at Plant.

- Identify control gaps and implement/strengthen controls with toll manufacturers.

- Provide active support in GST impact analysis and its implementation.

- Provide support to IFC team in identifying control gaps and plugging of these gaps.


Accounting Operations:

- Ensure that all necessary inputs / documents are provided to the shared services team for transaction processing.

- Financial planning & analysis, internal / regulatory reporting, accounting, receivables & payables, finalization / consolidation of accounts (Balance Sheet / P&L), budgeting & forecasting - leading to long-term improvements in cost saving, profitability & productivity.

- Ensure hygiene of various GL accounts and ensure they stand reconciled.

- Review GR/IR account and ensure that there are no long outstanding entries.

- Facilitate local petty cash payment and accounting.

- Make emergency bank payments as per the instructions of shared services.

Policy / Procedure Making:

- Provide support in development / review and update of financial policies, educating other stakeholders, ensure rollout and implementation.

Continuous Improvement:

- Promptly inform any changes in control and compliance environment impacting accounts, tax or other areas.

- Provide continuous support in identifying improvement areas in the financial and operating control framework and support control and compliance team in applying them in a consistent manner across plants.

Adherence to Procedures / Controls:

- Ensure maintenance of appropriate internal controls and financial procedures.

- Ensures appropriate internal controls are in place which supports conduct of effective and efficient annual financial audits.


- Ensure adherence to financial procedures and systems.

- Ensure SEZ and other local compliances. Flag immediately any tax non compliances to corporate tax team.

Escalation Management:

- Interact with local vendors and support shared services in resolving all local issues whenever same is escalated to them.

- Be a point in contact at the plant for any escalation of vendor payment related issues.

Record Management:

- Set-up a scan centre for promptly scanning the parked and other documents.

- Coordinate with store for timely receipt of physical documents.

- Ensure proper physical record keeping of all documents.

Inventory Management:

- Carry out physical verification/count of inventory on Quarterly basis.

- Identify all non-moving inventory and report the same for provisioning on quarterly basis.

Asset Management:

- Support asset team in plant asset audits.

- Report asset write-off / disposals, any movement of assets to asset management team.

- Report any scrap disposal.

- Provide support in coordination with local valuer for valuation of assets.


- Coordinate with other departments for smooth conduct of Internal and Statutory Audit.

- Handle internal and statutory audit queries during audit process and accounts finalization and ensure closure of all Audit findings.


- Ensure compliance and provide assistance to the corporate tax team in maintaining liasioning with local TAX and regulatory bodies.

- Support Tax team in complying with domestic transfer pricing laws in case of inter unit transfers.

- Support Corporate tax team in annual/special audits/assessment by external tax authorities.

Risk Management:

- Support Insurance team in coverage of all risks across the plant.

- Provide support in claim settlement and coordination with local surveyor.

Qualification And Experience:

1. CA or CWA with 10-15 years with a Manufacturing Industry & last 4-5 years of experience in plant controllership, internal audit and MIS functions, Indian accounts, GST, Income tax & IFRS.

2. Excellent knowledge of Financial Accounting and Reporting, Taxation & Statutory Compliances, Audit Processes.

3. Working knowledge of ERP SAP system.

4. Knowledge of behavioral science, including the ability to motivate, counsel, and constructively deal with people at all levels.

5. Strong leadership skills must be capable of leading their organization on a continuous journey of sustained improvement.

6. Self-Starter and Initiator.

7. Good analytical skills.

Women-friendly workplace:

Maternity and Paternity Benefits

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