Factory Commercial

Objective: Ensure smooth functioning of factory operations and compliance to statutory / regulatory requirements and internal guidelines / standards pertaining to all finance-related activities such as invoice management, vendor management, fixed asset accounting, scrap management, and book closure & reporting activities.Key Responsibilities:Factory and Store OperationsEnsure robust controls and compliances for factory operationsSupervise factory store operations and ensure robust controls and standardsWork with FCC to establish robust controls for local purchase (e.g., non-PO spends)Ensure process adherence and controls for scrap disposal at factory including approvals for identification, disposal, and vendor compliance for e-wasteCoordinate, escalate statutory/regulatory notices to FCC and ensure timely response/closure for the same (e.g., GST, transfer pricing, etc.)Monitor factory-related compliances and escalate deviationsProvide inputs to AOP for factory-related expenses and capexWork with CBS for providing inputs for managing capex (e.g., capitalization, disposal, monitoring)Assist FCC in preparation/review of factory MIS and facilitate periodic reviews with Plant Head and follow-up on actions (including daily reviews)Approve comparative statement, recommend vendors for local opex purchase as per DoAAssist FCC/Plant Head in initiatives for operational excellence at the factoryAssist FCC in addressing audit queries and timely closure of outstanding items at the factoryVerify invoices for contract manpower and resolve discrepancies before paymentsAct as custodian of the scanned and archived invoices (received locally)Vendor ManagementReview and resolve queries/disputes with vendors, including discrepancies for local vendors (not onboarded on vendor portal)Assist in follow-ups and query resolution for periodic reconciliation for local vendorsPeriod-end Close ActivitiesPerform physical verification of assets and inventory as part of book closure activities (CFT) and prepare PIR reportFacilitate factory period-end / year-end closure activities and share with FCC for approvalReview and validate factory trial balanceReconcile balances with vendors and job workers at the year-end.Education, Experience & SkillsPreferred Educational Requirements:CWA / CA (Inter)Experience and Skills:Total relevant experience of 2–4 yearsKnowledge of SAP – FI & MM modulesIn-depth financial accounting and reporting knowledgeTeamwork and collaborationStakeholder management