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1742299

Plant Controller - Costing & Inventory Control - Manufacturing

Parasparam Search Partners.4 - 10 yrs.Thane/Maharashtra
Posted today
Posted today

Standard Costing Framework:

- Build and maintain the standard costing framework: BOM validation, routing and activity rates, annual cost roll.

- Monthly variance analysis with genuine causal explanation, across material price, material usage and yield, conversion cost, and absorption.

- Costing for new product development, pack changes, promotional packs and combos, before commitments are made rather than after.

Inventory Valuation and Integrity:

- Valuation of raw material, packing material, work in progress and finished goods, and ownership of the valuation policy.

- Provisioning for slow-moving stock, near-expiry and expired stock, damages and net realisable value. In our category this is a live monthly judgement, not an annual exercise.

- Physical verification programme across our own site, co-manufacturers and third-party warehouses, with shrinkage analysed and explained rather than written off.

Co-manufacturer Financial Control:

- Verification of conversion charges and plant billings against contracted rates.

- Reconciliation of material issued against material consumed and output received, at batch level, against agreed yield and wastage norms.

- Financial control over our material held at third-party sites, including accountability for losses.

Plant Cost Control and Performance:

- Conversion cost per unit as a tracked, owned metric with a defensible trend.

- Utilities, manpower, consumables and overhead control against budget.

- Wastage, rejection and rework analysis, quantified and taken to the people who can act on it.

Capital Expenditure:

- Capitalisation, capital work in progress, and fixed asset register integrity at site.

- Conduct regular physical verification of capex.

Close and Controls:

- Manufacturing month-end close: COGS, GRIR ageing, provisions, plant P&L.

- Control environment at site: goods receipt discipline, material issue authorisation, scrap and rejection controls, segregation of duties, physical access to stock.

- Contribution to process documentation and the Risk Control Matrix for manufacturing and inventory cycles.

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Job Code

1742299

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