Senior Manufacturing Finance Specialist

4 hours ago

Rajkot, Gujarat, India beBeeStrategist Full time ₹ 1,20,00,000 - ₹ 1,50,00,000
Financial Strategist Role

The successful Financial Strategist is responsible for the overall financial management and planning of manufacturing operations. This position requires a deep understanding of manufacturing processes, cost accounting, and financial analysis to ensure accurate financial forecasting, budgeting, and performance evaluation.

Key Responsibilities:
  • Develop and present timely and accurate financial reports and statements.
  • Monitor and analyze manufacturing costs, variances, and production performance to identify areas for improvement.
  • Establish and maintain budgets and forecasts for manufacturing operations, including capital expenditure planning.
  • Optimize inventory levels and implement controls over receipts and physical verification.
  • Design and maintain financial models to support long-term financial planning and forecasting.
  • Validate, approve, review, and manage the collection and payment of Accounts Receivable (AR) and Accounts Payable (AP).
Cost Management and Optimization:
  • Implement and maintain robust cost accounting systems and processes.
  • Analyze cost structures and identify opportunities for cost reduction and efficiency improvements.
  • Monitor and control manufacturing overhead costs, ensuring accurate allocation to products and processes.
Operational Support:
  • Collaborate with production and operations teams to understand financial implications of manufacturing activities.
  • Provide financial insights and recommendations to support operational decision-making.
  • Utilize job order costing and process costing techniques to ensure accurate product costing.

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