Associate Manager - Plant Finance (Direct Role with Leading FMCG Company)

Employer
Confidential
Location
Lucknow
Posted
Jul 12, 2024
Closes
Sep 27, 2024
Ref
4774741651
Certification
CMA: Preferred
Work Mode
Work from office
Hours
Full Time
Organization Type
Academia, Corporate
Immediate opening for Associate Manager - Plant Finance (Direct role with leading FMCG Company)

Experience - 4 +

Location- Lucknow or (People willing to relocate to Lucknow)

Notice- Immediate to 60 days

Financial Outcomes

Must have - FMCG Experience, Accounting knowledge, handle large plant, lead a team in finance, larger plants.

Preparation of Monthly Factory MIS (monthly book closure in terms of factory) with strict adherence to Cost Accounting Standards.

Analyze manufacturing costs and preparing monthly reports comparing Standard vs Actual Production costs; Analyze changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost.

Drive cost saving / productivity initiatives.

Maintenance of Cost Accounting records / systems

Manage Capitalisation and CWIP settlement.

Exercise financial controls in the areas of Manufacturing, Warehousing & Supply Chain across locations.

Updation and circulation of Costing sheet upon changes in cost drivers.

Strict control on RM, PM and FG Inventory - planning according to Budgets; Report variations vs Budget and PY to senior management on an ongoing basis.

Accruals for slow moving and Obsolete stock and inventory closing.

Review of physical verification of Inventory and reconciliation with books.

Customer Service

Work closely with the Departmental / Operations team in improvement opportunities to optimize the processes, decrease cost & Working Capital Optimization through innovative and transformation mindset.

Working with Operations / TCPL SNOP team to reduce FG inventory across the value chain (CFA/Plants). This involves doing SKU rationalization & SKU segmentation with inputs on Working capital for each SKU.

Ensure that all damage/expired stocks are cleared from the system to reduce system inventory.

Partner in evaluating best model for expansion projects/new units.

Internal Processes

Lead / Support for digitalization and automation to effectively improve ways of working.

Drive improvements in processes and procedures.

Innovation and Learning

Work together with Operations team for the preparation of Annual Budgets, Financial Forecasting and Medium-term plans.

Partner with Operations team in evaluating Capex In terms of financial profitability.

What are the Critical success factors for the Role

CA or CWA with 2+ years' post qualification work experience.

Good analytical ability & interpersonal skills with a strong penchant for numbers.

Working knowledge in SAP.

Proficiency in MS Office

What are the Desirable success factors for the Role

FMCG environment or related industry experience.

Ability to connect with numbers.

Interested candidates please share resume to below mentioned email Id

[HIDDEN TEXT]

Thanks and regards,

Allan Joe

Phone No: 7510831455

Skills: Cost Accounting, Plant, Accounting, Fmcg

Experience: 3.00-13.00 Years

Education: ICWA Inter, ICWA (CMA), Bachelor of Liberal Arts (BLA/ALB), Bachelor in General Studies (BGS)