
Financial Planning Specialist
6 days ago
The successful candidate will prepare, analyze and control plant profit and loss statements, variance reports and cost reduction initiatives.
Key Responsibilities:
- Drive monthly and annual financial closures in alignment with corporate requirements
- Handle product costing (bill of materials-based), COGS/COGM, standard versus actual cost analysis
- Own capital expenditure, revenue maintenance and operating expenditure budgeting, forecasting and reporting
- Drive value engineering and cost optimization & material accounting
- Monitor and control plant inventory (raw materials, work-in-progress, finished goods, spares)
- Implement inventory reduction strategies in coordination with production and controls teams
- Drive SAP-based reporting, automation and controls (FICO/MM/SD modules)
- Identify process improvement opportunities and lead automation/efficiency projects
- Work closely with Production, Quality, Supply Chain Management, Human Resources and Engineering teams to provide finance inputs for new product launches, capital expenditure proposals and vendor skills required
Required Skills:
- Strong knowledge of product costing, plant accounting and management information systems
- Expertise in SAP (FICO/MM), Microsoft Excel, financial dashboards
- Experience in working in a multi-plant, high-speed manufacturing setup
- Strong business acumen, analytical mindset and leadership skills
- Qualification: Chartered Accountant/ Certified Management Accountant with 1 -6 years of experience
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