1. Costing:

- Analyse order-wise costing for customer orders bidding, acceptance, actual costing for the executed orders and report variances.

- Costing analysis of the ongoing orders vs approved costing for timely corrective action.

- Plant operation cost analyses - material, labor and overhead costs and identify cost optimization opportunities.

- Develop actionable insights and escalate findings to the management to facilitate timely, informed decision-making.

- Monitor variance analysis (actual vs standard) and drive corrective actions.

- Evaluate order-wise yield computation, profitability and pricing strategies.

- Lead initiatives for cost reduction and efficiency improvement.

2. Financial Analysis and MIS Reporting:

- Review of Plant MRMs.

- Analyse financial reports and MIS and provide insight.

- Analyses of budget, forecasts, and cash flows to identify trends, risks, and business opportunities.

- Identify and escalate red flags related to Company Secretary (CS) MIS in a proactive manner.

3. Collections, Debtors and Trade Finance Monitoring:

- Monitor weekly collection status and debtor ageing reports.

- Track retention amounts, Bank Guarantees (BG), and Late Delivery (LD) charges.

- Review and assess customer credit limits on a half-yearly basis to manage credit risk exposure.

- Conduct due diligence on new shipping/logistics companies before onboarding.

4. Capex, Purchase Orders and Cost Sheet Verification:

- Review and analyse high-value Capital Expenditure (Capex) and Purchase Orders (POs), including strategic materials.

- Evaluate steel tolerance, price calculations, and estimation parameters for robust procurement controls.

5. Coordination and Stakeholder Management:

- Coordinate with Finance and Marketing teams for structured weekly review meetings.

- Prepare Minutes of Meetings (MoM) with clearly defined follow-up actions to drive accountability across functions.

- Ensure any deviation from approved plans or policies is escalated to management immediately.

- Effectively communicate findings, recommendations, and action plans to all relevant stakeholders.

6. IT / System improvement:

- Coordinate with IT/Systems teams to ensure the ERP system is aligned with organizational control requirements.