MTR Foods - Head - Factory Finance - CA

Main Challenges in this Position :

- Fostering Cost consciousness environment across all factory verticals & influencing action.

- Provide support to the Factory Team in areas of cost allocation and finance.

- Prioritising focus on key activities / values in a diverse operation structure

- Evaluate the adequacy of Internal Controls and Systems and ensure the same are operating efficiently and effectively on a continuous basis.

Responsibility and Mandate:

- Developing a MIS Calendar for reporting and highlighting Material consumption Variances, Energy costs, Utility / Manpower Costs etc - Following up on corrective actions on deviations.

- Recommendation after a careful Evaluation & of all Capex Grant proposals for approval along with the Engineering Team & Controlling spends within approved amounts.

- Monitoring Spends within Budgets.

- Evaluation of existing Systems and Controls.

- Cost Allocation.

- Identifying Cost Reduction opportunities.

- Oversee the functioning of a Factory Finance team of 5 members.

- Strict Adherence to Indirect Tax Laws.

- Ensuring physical verification of stocks and assets on a regular rotation basis.

Main Tasks and/or Projects :

- Reviewing on a continuous basis variances on a/c of Material Consumption (Actual Vs Standards) and other standard cost elements including overheads and highlighting deviations for corrective actions.

- Systems & Internal Controls - Strict Adherence to SOP Implementation Project PRISM across Factory verticals.

- Capex - Provide support in Evaluation & Justification of Capex Proposals along with the Factory Team. Monitor spends within Budgets.

- Automation of Payables.

Criteria for Evaluation :

- Sound ERP Skill sets. Preference on SAP

- Analytical Skills & Quality of MIS for decision making.

- Development of Reporting Employees in terms of increasing efficiencies.

- Ensuring existence & Effectiveness of Internal controls.

- Collaborative abilities/Relationship with Factory Personnel.

- Identification of areas where cost savings could be achieved eg in indirect factory overheads etc. Ability to convince/influence.

Education :

Qualified Chartered Accountant (2010 Batch or earlier).

Experience:

- 7 + years of experience managing entire gamut of financial responsibilities in a manufacturing company.

- FMCG experience is desired.

- Exposure to Factory Accounting, Systems and controls.

- Exposure to Factory Costing & Tax Laws.

Competence/Skills:

- Good Managerial Skill sets, Should have led a team of at least 5 reportees.

- Fair Knowledge of Indirect Taxation.

- Hands on working in an ERP environment .

- SAP functional knowledge in FICO.

- Good Collaborative Skill sets.
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Analytical Skill Sets.