Financial Controller

2 days ago

Kolkata, West Bengal, India SHYAM METALICS AND ENERGY LIMITED Full time ₹ 20,00,000 - ₹ 25,00,000 per year

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:
Promoters

Position 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 years
    of post-qualification experience in Finance & Accounts.
  • Minimum
    5 years in a leadership role
    within a
    Steel / Metals / Manufacturing
    /
    Ferro Alloys
    industry 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 of
    manufacturing commercial finance
    ,
    steel industry cost structures
    , and
    contract management.
  • Strong knowledge of
    SAP
    ,
    Excel-based financial modelling
    , and
    MIS 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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