Plant Finance Head

Role & responsibilities

Our clients are leading MNC & Industrial Conglomerates (AUTOMOBILES, FMCG, CONSUMER DURABLES, MANAUFACTURING, RETAIL, EPC, INFRASTRUCTURE (POWER, ENERGY, OIL & GAS, PORTS), INFORMATION TECHNOLOGY, BPO, PHARMA & TELECOM with a Turnover of US $ 1 Bn to US $ 100 Bn with exponential growth potential. Our clients reach span across several countries across the globe.

PERFECT PLACER (www.perfectplacer.com), Promoted by a team of dedicated professionals with varied background, having comprehensive and extensive industry and consultancy exposure, is One of the most preferred and referred consultants today in Executive Search & Placement.

PERFECT PLACER in less than half a decade has grown to be a force to reckon with, having offices in Mumbai, Chennai, Bangalore, and New Delhi.

Perfect Placer along with its associate services has a long and prestigious list of leading Indian and Multinational Corporates in India and Outside across Managerial levels, functions, and Industries, covering both IT and Non-IT specialized in chief executive, board member and senior-level management search assignments.

Plant Finance Head

• Responsible for the financial operations, cost accounting, and statutory compliance of a manufacturing facility, acting as the financial bridge between factory performance and corporate strategy. Drive plant profitability, cost optimization, and financial control.

Key Responsibilities:

F Cost Accounting: Direct end-to-end costing, product margin analysis, and variance tracking.

F Budgeting & Cost Optimization: Monitor CAPEX/OPEX budgets and drive plant-level forecasting. Partner with the Commercial team to negotiate vendor/contract rates and minimize operational costs.

F Costing & Profitability: Oversee standard/actual costing, variance analysis, BOM routing, overhead absorption, yield losses, and contribution margins to drive efficiency.

F Budgeting & Forecasting: Lead annual budgeting and monthly rolling forecasts aligned with operational capacities.

F Compliance & Taxation: Oversee GST, local levies, direct/indirect taxes, and statutory audits.

F Inventory & Controls: Implement rigorous internal controls for inventory valuation and asset safeguarding.

F CAPEX/OPEX Management: Evaluate capital expenditure proposals and monitor ongoing operational expenses.

F Financial Management & MIS: Lead plant GL, AP/AR, costing, and payroll. Ensure Ind-AS compliance, month/quarter/year-end book closures, and accurate SAP records with budget variance reporting.

F Treasury & Working Capital: Optimize plant cash flows, vendor payments, bank relationships, and working capital cycles (inventory, payables, receivables).

F Insurance & Risk: Manage plant insurance coverage (IAR/LOP) to prevent over/under-coverage and lead insurance claim processes.

F Trust Administration: Serve as Trustee for the Exempted PF Trust and manage trust-related financial administration.

F Leadership & Business Partnering: Mentor the plant finance team and serve as the primary finance link between plant leadership and the CFO/HO.

Preferred candidate profile

1. CMA/ICWA or CA Inter with MBA Finance with 10-15 Years of experience in finance, accounting, and business operations, with a focus on PLANT ACCOUNTING.

2. Deep grounding in manufacturing, process costing, and supply chain economics.

3. Strong cross-functional communication to translate complex financials for non-finance operational teams

4. Strong experience in Cost Accounting, Budgeting, Forecasting, MIS and Financial Reporting.

5. Hands-on experience in Inventory Accounting, Variance Analysis and Internal Controls.

6. Advanced command of SAP (FI/CO modules) and ERP systems.

7. Strong analytical, communication and stakeholder-management skills.

Remuneration:

An outstanding remuneration package that rewards professionalism and diligence will be on offer for the successful applicant as well as a well-defined career path. An excellent package will be on offer for the right candidate, including an above-mentioned industry base salary for the right person as well as the most complete employee benefit scheme. Don't miss out on this opportunity to join the market leader.

Contact Person Name, Address & Nos.:

P.G. Ganesh

Partner
Perfect Placer
Email id: [email protected]

Web Site: www.perfectplacer.com

Mobile: 8368469496

Offices: Delhi, Chennai, Bangalore & Mumbai