AGM / GM- Plant Finance Controller

7 hours ago

Chennai, India XpertReach Full time
Position: Assistant General Manager (AGM) / GM - Plant Finance Controller

Experience: Minimum 12-15 years

Location: Chennai

Industry: Manufacturing

About the Role:

We are looking for a highly experienced Plant Finance Controller to join our client's team as an Assistant General Manager (AGM) / GM. This leadership role will be pivotal in overseeing the financial management and control functions for Pre-Engineered Buildings (PEB) manufacturing plant, as well as other infrastructure development projects. The ideal candidate will have 12-15 years of experience in finance and accounting, particularly in the infrastructure, Manufacturing, EPC or construction sector, and will possess a proven ability to drive cost control, financial planning, and strategic analysis for large-scale manufacturing and infrastructure operations.

Key Responsibilities:

1. Financial Planning & Analysis (FP&A):

- Lead the preparation, management, and review of the plant's annual budget and financial forecasts in alignment with overall business objectives.

- Provide strategic financial insights and recommendations to senior leadership to support key decisions for PEB manufacturing and infrastructure projects.

- Perform detailed financial analysis to monitor project-specific and plant-wide financial performance, ensuring cost efficiencies and margin optimization.

2. Cost Control & Reporting:

- Oversee the implementation of robust cost control systems for plant and project operations, ensuring accurate cost allocation and tracking.

- Develop and manage detailed monthly financial reporting for the plant, with variance analysis and recommendations to improve performance.

- Ensure all financial reports are aligned with the company's internal financial policies and statutory requirements.

3. Internal Controls & Compliance:

- Establish and maintain strong internal controls to safeguard assets and ensure compliance with accounting standards, statutory tax laws, and industry regulations.

- Lead the coordination of internal and external audits, ensuring timely submission of required documentation and resolution of audit queries.

- Ensure strict adherence to cost and revenue recognition principles in accordance with the project milestones in the PEB and infrastructure development sector.

4. Inventory & Capital Expenditure Management:

- Manage the inventory control process for raw materials, components, and finished products, ensuring optimal stock levels while minimizing wastage and obsolescence.

- Oversee capital expenditures for the plant and infrastructure projects, ensuring proper approval, documentation, and tracking of capital investments.

5. Team Leadership:

- Lead and mentor the finance team at the plant, ensuring the effective management of their professional development and performance.

- Foster a culture of financial accountability and continuous improvement, ensuring the team adheres to the highest standards of financial reporting and analysis.

6. Strategic Contribution:

- Work closely with the plant and project management teams to provide strategic financial insights, contribute to cost control initiatives, and evaluate the financial viability of new projects.

- Support senior leadership with financial planning and analysis related to new infrastructure and PEB projects, including financial modeling and cash flow analysis.

- Actively participate in decision-making on major plant investments, cost reduction programs, and capital projects to optimize long-term profitability.

Requirements


Qualifications & Requirements:

Education: CA/ICWA/MBA (Finance) or equivalent.

- Experience: Minimum 12-15 years of experience in financial management, with at least 5 years in a senior finance role in PEB, infrastructure development, or construction industries.

Key Skills:

Experience working for a listed company preferred

- Strong expertise in project finance, cost accounting, budgeting, financial forecasting, and financial reporting, particularly in the infrastructure and manufacturing sectors.

- Knowledge of PEB manufacturing processes, raw materials, and associated costs.

- Excellent understanding of project-based financial management, including contract costing, billing, and milestone-based revenue recognition.

- Expertise in ERP systems (e.g., SAP, Oracle) and financial software tools.

- Proven ability to manage and lead teams, with a focus on financial analysis, reporting, and business partnering.

- Strong communication and interpersonal skills, with the ability to interact effectively with senior leadership, cross-functional teams, and external stakeholders..

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