Commercial Finance Manager
2 weeks ago
Commercial Excellence in Manufacturing | Cost Optimization | Profitability Growth
Position Summary
The Manufacturing Commercial Manager will be responsible for handling complete financial and commercial operations related to Plant/ Factory. He/She will be based in Kolkata (HO) & leading a team of Manufacturing Executives based in plants.
Key Responsibilities
A. Commercial Operations Management
- Oversee all commercial functions related to manufacturing plants, regional offices, and warehouses.
- Provide financial support for plant commissioning and ensure compliance with commercial processes.
- Conduct monthly plant audits and quarterly CFA (Carrying & Forwarding Agent) audits.
- Manage RM (Raw Material), PM (Packaging Material), and FG (Finished Goods) movement and monitoring.
- Oversee return logistics and validate claims from CFAs and plants.
B. Inventory & Process Control
- Monitor inventory levels and conduct regular audits at plants and CFAs.
- Ensure GRN (Goods Receipt Note) accuracy for RM/PM and FG movements.
- Implement FIFO (First In, First Out) and Batch Management processes.
- Manage scrap stock disposal processes at CFAs.
C. Expense & Compliance Management
- Monitor operating expenses and establish financial control processes.
- Validate CFA and plant claims and ensure timely processing.
- Oversee CAPEX (Capital Expenditure) and secondary freight control.
D. Production Process & Cost Optimization
- Analyze and control plant wastage and yield.
- Manage expiry stock and scrap disposal at plants and CFAs.
- Verify conversion cost bills and ensure timely submission to HO.
- Maintain accurate production records.
E. Warehouse & Fixed Asset Management
- Implement controls for stock management, credit control, and budgetary compliance.
- Develop Capex spend plans aligned with business expansion.
- Conduct physical verification of assets at defined intervals.
F. Strategic & Cost Optimization Initiatives
- Lead cost reduction and profitability improvement projects.
- Develop and circulate SOPs for Accounts and Commercial processes.
- Support SCM (Supply Chain Management) and Manufacturing claims processing.
- Drive process improvements for long-term financial efficiency.
Essential Qualifications & Competencies
- Education: CMA / CA with 4-9 years of experience in FMCG, Food Processing, or Manufacturing industries.
- Experience: Strong background in manufacturing plant finance and commercial operations.
Skills & Attributes:
- Inventory Management & Compliance
- Team Leadership & Problem-Solving
- Decision-Making & Analytical Thinking
- Prior Experience with SAP ERP Systems
- Strong Interpersonal & Communication Skills
- Ability to Work Independently & Drive Business Impact
Why Join Us
- Opportunity to work in a high-growth FMCG startup within a large conglomerate.
- Exposure to strategic cost management and commercial operations at a leadership level.
- A dynamic work environment fostering rapid career growth.
If you are a finance professional with expertise in manufacturing plant commercials and cost optimization, this is an exciting opportunity to drive financial efficiency and operational excellence at Guiltfree Industries Ltd
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