Plant Finance Manager

About:

- Enhancing Financial /Management Reporting & Monitoring Efficiency.

- Prepare and conduct Monthly Plant review on financial and operation performance.

- Tracking and analysing Cost of production and Material Usage Variances.

- Tracking and analyzing Non-BOM related items.

- Monitor and control on Material Rejection and reconciliation of Scrap generation to sale.

Inventory Accuracy and Management:

- Ensure Inventory controls - strengthening Material inward & Outward process, and physical inventory count.

- Circulate and Adhere to Monthly inventory count schedule. Ensure Adherence to Inventory SOP.

- Target reduction of Slow Moving and Non Moving Inventory.

Transaction processing & Governance:

- Capex controls - physical vs books reconciliation.

- Ensure timely accounting of transaction like Purchases, consumptions, transfers, and expenses.

- Handle Internal audit for various plant related processes and tracking action plans for agreed improvements.

- Ensure Plant related compliance wrt labour, health , fire etc are followed.

- Complete Cost assessment Cycle as per monthly closure calendar and reconcile.

Drive Cost Efficiency:

- Conversion cost monitoring, improving efficiency and drive cost saving initiatives.

- Analyse resolve production order variance on monthly basis and reduce P&L hit on

Material and Overhead Cost:

- Track line-wise and process wise labour efficiency and take corrective action.

Costing:

- Monthly tracking of Cost of production for SFG / FG and refresh the values of TOP 50 article every quarter.

- Analyse Inventory revaluation GL, Price Variance GL , Production variance GL ,

- Inventory write off GL and circulate reasons.

- Target Time study of NPD articles and update in SAP.