Lead - Manufacturing Cost Controlling - Plant Finance

Finance - Lead Manufacturing Controlling - pref. Female

The position shall be responsible for maintaining budgeting activities in the Plant and for ensuring control on the conversion cost, under the guidance of the Plant Finance Head.

- Identifying Cost Reduction opportunities - Reduction of Fixed Cost & Conversion from Fixed to Variable, scrap, and indirect material cost

- Daily, weekly, and monthly monitoring that of Conversion cost and Inventory

- Budget preparation, tracking and variance analysis

- Compliance towards statutory audits

- Facilitate the annual budgeting process with the Division heads, Plant Finance Head and other support functions

- Evaluate the various Capex proposals by the departments and develop them further if found suitable

- Initiate, coordinate, and prepare Plant specific budgets in line with the guidance provided by Region/Global

- Conduct the annual budget meeting with the Department heads, Plant Finance Head and other support functions

- Liaison with the Department Heads and support functions in submitting their projections and targets in a timely and accurate manner

- Extract expenses information from the databases relating to direct costs, indirect costs, fixed costs, and variable costs

- Conduct analysis of budget vs actual adherence to budgets for departments

- Ensure control over expenses by regular feedback on budgets and actual expenses

- Keep control over the Budgeted Capex and Actual Capex spends and highlighting any deviations

- Ensure timely coordination and analysis of financial information including monthly financial results, preparation of recurring management reports, budgeting /forecasting support

- Track and monitor Conversion cost on daily, week and monthly basis and highlight any deviations to key stake holders to discuss upon the resolution

- Conduct physical inventory checks and resolve issues with regards to any variance if observed

- Maintain costing and budgeting reports for the Plant more relevant responsibilities