Financial Controller

9 hours ago


New Delhi, India SHYAM METALICS AND ENERGY LIMITED Full time

Job Title: AGM / DGM/ GM– Finance Controller Department:Finance & Accounts Business Vertical:Steel Long Products (Wire, Wire Rods, Bars) Location:Kolkata-HO (Corporate) Reporting To:PromotersPosition Overview: The incumbent will be responsible for overall financial control, planning, and reporting for the Steel Long Products business. The role entails leading all aspects of financial management including cost control, working capital optimization, statutory compliance, MIS reporting, budgeting, and internal controls. The position requires strong exposure to manufacturing finance, cost accounting, and commercial analysis. Background: Steel / Metals / Manufacturing / Ferro Alloys industry is mandatory.Experience: 12–18 yearsof post-qualification experience in Finance & Accounts. Minimum5 years in a leadership rolewithin aSteel / Metals / Manufacturing/Ferro Alloysindustry is mandatory. Designation & Compensation: Designation:Asst. General Manager / Dy. General Manager – Finance Controller CTC:Commensurate with experience and industry standards. Educational Qualification: CA / CMA / MBA (Finance)– Mandatory. Additional certification in Cost Control or Financial Planning preferred. Key Competencies & Skills: Deep understanding ofmanufacturing commercial finance ,steel industry cost structures , andcontract management. Strong knowledge ofSAP ,Excel-based financial modelling , andMIS automation. Analytical mindset with capability to interpret large data and present strategic insights. Excellent communication, negotiation, and leadership skills. Integrity, process orientation, and business acumen are critical success factors. Key Responsibilities: Costing & Margin Management Oversee product costing, conversion cost, and yield analysis for wire rods, wires, and bars. Conduct regular variance analysis (standard vs actual) and highlight key deviations in RM, power, and process efficiency. Support commercial and sales teams with data-driven insights for price negotiations and margin protection. MIS & Reporting Drive a comprehensive MIS framework covering financial, commercial, and operational KPIs. Publish dashboards on sales realization, contribution margin, cost variance, and working capital. Support Group Finance in monthly consolidation, budgeting, and forecasting exercises. Commercial Operations & Compliance Oversee contract management, dispatch accounting, freight optimization, and vendor claim settlements. Ensure GST, TDS, Excise, and statutory compliance for all commercial transactions. Coordinate with auditors for plant-level and business audits, ensuring transparency and accuracy. Implement strong internal control systems (ICS) for commercial risk management. Commercial Finance Control Lead financial governance for the entire Stainless Steel Long Products vertical, including sales, procurement, logistics, and plant commercial activities. Review and control commercial transactions — pricing, dispatch, freight, sales rebates, and contract terms. Ensure accurate booking of revenue, expenses, and cost allocation across plants and product lines. Drive profitability analysis by product, customer, region, and segment Business Partnering & Decision Support Collaborate with the business head and operations for commercial strategy, costing, and investment planning. Evaluate new business opportunities, contracts, and CAPEX proposals from a financial perspective. Participate in monthly business reviews, providing actionable financial insights and performance dashboards.



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