Finance Controller – Plant – CA/ICWA/CMA

Position: Plant Finance Controller

Location: Bangalore

Reporting To: Chief Financial Officer (CFO)

Qualification & Experience:

– Qualified ICWA/CMA or CA.

– Minimum 8+ years of post-qualification experience in manufacturing finance.

– Experience in multi-plant manufacturing operations, preferably with a listed manufacturing company.

– Proven experience in leading and managing finance teams.

– Hands-on experience with SAP is mandatory.

– Strong understanding of manufacturing finance, costing, and financial controls.

Key Responsibilities:

– Lead the plant finance and accounting function, reporting to the CFO.

– Manage, mentor, and develop the plant finance team.

– Prepare and manage annual budgets, forecasts, and MIS reports to support business planning and decision-making.

– Partner with plant operations to provide manufacturing finance support and improve operational and financial performance.

– Drive product costing, cost control, variance analysis, and cost optimization initiatives.

– Oversee all finance and accounting activities, including month-end and year-end financial closing.

– Prepare, review, and analyze the Plant Profit & Loss Account and Balance Sheet.

– Ensure compliance with accounting standards, statutory regulations, internal controls, and company policies.

– Manage Accounts Payable and Accounts Receivable, ensuring timely vendor payments and customer collections.

– Monitor and manage plant cash flow and working capital in coordination with the corporate finance team.

– Oversee inventory management, inventory valuation, stock reconciliation, and inventory control processes.

– Drive SAP finance processes and ensure robust system controls, data integrity, and process compliance.

– Coordinate effectively with corporate finance and plant operations to achieve financial and operational objectives.

– Support internal and statutory audits and ensure timely closure of audit observations.

– Identify opportunities for process improvements, cost savings, and operational efficiencies.

– Build strong relationships with internal stakeholders to support business objectives.

– Drive financial discipline and operational excellence across the plant through effective planning, analysis, and governance.

Key Competencies:

– Financial Planning & Analysis

– Budgeting, Forecasting & MIS

– Manufacturing Finance

– Costing & Cost Control

– Financial Accounting

– Cash Flow & Working Capital Management

– Inventory Management & Control

– Accounts Payable & Accounts Receivable

– SAP (FI/CO preferred)

– Internal Controls & Compliance

– Team Leadership

– Analytical Thinking and Problem Solving

– Stakeholder Management and Communication