Function: Finance

Educational Qualification : CA (Inter), ICWA(Inter), M.B.A(Finance), M.Com with 5 to 8 Years, B Com.

Experience: At least 5-8 years of total experience.

Position Overview (Scope of the role & Outcomes): 

Responsible for driving the financial Control of plant. Handling financial MIS, cost review etc.

Key Stakeholders: 

Internal : Manufacturing,Maintainance, Quality & Replenishment Functions, HR, Finance(Region & EO), SAP Team

External : Auditors(Internal & Management Auditor)

Key Responsibilities:

Reconcile raw materials / packaging materials with the SAP Register every month with Audited Physical verification Report and Transit stocks. Monitor Efficiency parameters of Factory on Daily and weekly basis in terms of Financial Nos.Factory Cost review and analysis includes Daily & Weekly Production, Breakdown, Defective, Labour, Power, Fuel efficiency.Co-ordinate with internal stack holders (Production, Maintenance, HR, Quality) to found out root cause for major variance.Daily & Weekly focus on Material consumption variance and do follow up with production for major variances.Prepare and circulate MIS as per requirement of Unit, Region & EO on Daily/Weekly/Monthly basis.BOM routing and necessary action for corrections in BOMVerify closing stocks of Finished Goods. Needs to verify daily floor defective stock- Recyclable/Non-Recyclable. Engage in CEP projects initiation.Calculate Consumption variance / Recipe variance/ Wage Rate variance. Follow up on FCC meeting action plansMaintain Valuation Data in SAP.Prepare reports to show the yearly closing stock valuation of Raw Material / Pkg Materials / FG (manually) and also the Capitalisation of all Assets and Quantitative reconciliation of Stocks etc.Control Production CostsFollow up with stake holders and provide shift wise LPF to S&F team for production confirmationWeekly monitoring of SAP FG stock Vs Actual production. Discuss for any discrepancy Analysis of breakdown summary and reporting to all post discussion with the stake holdersContinuous checking of the process and mapped with the standard . Highlight to Factory for any variation.Daily checking for EGAComparison to be made between Log book , Sack Processed with ActualDaily Shop Floor roundOperating PLM system for new recipe in SAPCorrect and timely adjustment entries for month end stock adjustment needs to be postedRe-conciling monthly stock of empties.Maintain Safety at workplace - timely circulate and update Safety tracker report and highlight immediately for Unsafe act / condition / near miss reporting and follow-up for closure of the same.