Dy Manager

Role & responsibilities

• Co-ordinate with various functions to collate budget inputs, perform initial analysis of the inputs received as per historical trends, industry trends etc., identify outliers, and initiate discussion with various functions to understand the underlying reasons for outliers, and present the budget summary to Plant management team for their consideration and finalization.
• For annual capex budgeting Collate, financially evaluate (Wherever applicable) and present his evaluation summary to the plant management team for finalization.
• To facilitate the timely submission of the Plant budget to corporate team by closely monitoring the budget calendar and follow up/ escalate with various functions.
• Once Budget is finalized deploy the same to the function and drive budgetary controls by leveraging the functionality in ERP.
• Preparation of weekly conversion cost forecast and perform detailed variance analysis for Conversion cost and Capex on monthly basis and presenting it to the Plant Management team.
• Post implementation Capex review for the Projects with IRR.
• Work closely with the Plant Head in the preparation of YRC and YOHT monthly presentations highlighting the plant performance.
• Perform monthly price trend analysis for direct and indirect material, identify unusual price movements and discuss the reasons for same with the Plant procurement team. Highlight the findings to the Plant management team.
• Perform the quantity movement analysis to identify the slow and non-moving inventory and ensure the monthly discussion with the Plant controller and to track the agreed corrective actions.
• Tracking and closely follow-up with various functions of plant in respect of the budgeted cost saving initiatives.
• Perform activities to close the books of plant on monthly basis to ensure compliance with the Accounting standards and internal control framework
• Preparation of Plant MIS after closure of books on monthly basis, present the variances to the HO financial reporting team and finance leadership
• Support the Plant controller in closing out the statutory and internal audit on timely manner
• Preparation of Cost records for cost audit and leading the annual cost audit.
• Lead the preparation of stock take programs at quarterly intervals, co-ordinate with internal and cross functional teams to perform stock take, inventory reconciliations and necessary stock adjustments.
• Preparation and submission of monthly insurance declarations, monthly adequacy check and filing refunds.

Preferred candidate profile

CMA OR CA Inter qualified with 4 Years of work experience in Plant costing.

Skills & Knowledge

• Budgetary Controls
• Plant Manufacturing MIS and Reporting
• Knowledge of costing & Presentation Skills
• Internal Controls and Audit
• Reconciliation and Cost analysis