Job Description: Cost Controller - Plant
Job Position Number: LIEMC2402
Department: Finance / Operational Control
Locations: The vacant position is in Palamaner plant, Andhra Pradesh - Tirumala Milk Products
1. Singavaram Andhara Pradesh Tirumala Milk Plant
2. Dewas Madhya Pradesh Anik Ghee Plant
3. Gudur - Andhara Pradesh Tirumala Milk Plant
4. Shirampur Maharashthra Prabhat Dairy Plant
Qualification: ICWA / CMA
Years of Experience: Minimum 5 years
Key Duties and Responsibilities:1. Budget Development:- Collaborate with operational management in budget development.
- Prepare and file budget templates, ensuring consistency and accuracy.
- Challenge data and consolidate financial information.
2. Results Management:- Prepare provisional results and load them into the controlling tool.
- Conduct result and variance analyses against budget and previous year.
- Support the accounting department during closing, presenting and explaining results.
- Propose and implement action plans, conduct ad hoc analyses, and assist in cash management.
- Drive, animate, and monitor performance indicators.
3. Forecasting:- Assist operational management in developing and building forecasts.
- Challenge forecast data for accuracy and reliability.
4. Cross-Departmental Collaboration:- Work effectively with other departments.
- Share knowledge and information.
- Assist operational managers in utilizing financial tools and decision-making.
Technical Skills:1. Industrial Efficiency:- Collaborate closely with Plant Manager and corporate team to monitor and analyze industrial equipment efficiency and KPIs.
- Apply strategies to improve overall plant efficiency.
2. Management Analysis:- Perform comprehensive financial analyses with accuracy, consistency, and integrity.
- Utilize financial and accounting data to conduct analyses by profit center.
3. Controlling / Financial Business Modeling:- Provide support to business functions in cost management and decision-making.
- Contribute to the performance of the plan through financial modeling.
4. Financial Data Mining and Reporting:- Process and interpret data to produce effective reports.
- Understand the impact of erroneous data on company systems and statistics.
Transversal Skills:1. Analytical Thinking:- Rigorously analyze data and situations to identify causes/effects and make effective decisions.
2. Change Management:- Maintain effectiveness and adaptability during major changes in work responsibilities or environment.
- Adjust to new work structures, processes, requirements, or cultures.
3. Intellectual Curiosity:- Be receptive to new ideas and opinions.
- Demonstrate openness to learning and adapting to the business environment to contribute to the Group's development.
Desired Profile:- Good knowledge of costing, variance analysis, budget preparation, and process improvement.
- Preferably from Dairy Manufacturing, though not mandatory.
- Knowledge of SAP is preferable; proficiency in Excel is mandatory.
- Strong leadership and communication skills in English.
- Ability to work with multiple stakeholders and ensure adherence to deadlines.
- Willingness to travel to plant locations (minimum 30% of working time).
- Preference given to candidates demonstrating potential for development within the organization.
Reporting Structure:- Will be reporting to Industrial Cost Controller