Plant Finance Professional

Education:

CA or CMA

1. Plant Costing & CAPEX Management:

- Manage plant costing activities including in-house conversion costs, overhead allocation, and cost analysis.

- Validate PPC Bills of Materials (BOMs) to ensure costing accuracy.

- Analyze and monitor plant profitability and recommend corrective actions for margin improvement.

- Prepare, allocate, monitor, and control CAPEX and OPEX budgets as part of the Annual Business Plan (ABP).

- Develop subcontracting cost models, support commercial negotiations, and manage periodic rate revisions.

- Drive Production Cell Cost Management through CCM reporting and analysis.

- Monitor and optimize plant logistics costs and related financial controls.

2. Plant Finance Business Partnering:

- Partner with plant leadership and cross-functional teams to drive financial discipline and operational excellence.

- Manage inventory valuation, controls, and working capital optimization initiatives.

- Monitor scrap generation, analyze variances, and support scrap reduction programs.

- Review and facilitate CAPEX and revenue Purchase Order (PO) releases in line with approved budgets and policies.

- Coordinate plant-level provisions and accruals with the Finance & Accounts team.

- Ensure timely and accurate reporting of plant-related financial and operational information to government and regulatory agencies.

- Support month-end and year-end closing activities related to plant operations.

3. Productivity & Continuous Improvement:

- Lead cost reduction, Value Analysis/Value Engineering (VA/VE), alternate process development, vendor optimization, and cost avoidance initiatives.

- Identify and implement automation opportunities and system improvements to enhance efficiency and strengthen controls.

- Partner with plant teams to drive productivity improvement projects and operational excellence initiatives.

- Track, monitor, and report savings achieved through productivity and cost optimization programs.

- Support continuous improvement initiatives focused on profitability enhancement and operational efficiency.