Finance

Manufacturing FP&A and Industrial Coordination, spread over 5 manufacturing locations (Noida, Pune, Harbin, Cowra and Mannum) & WMF and Purchasing for Direct Material, Part and WMF working with different systems and time zones.

Key activities include consolidation of Industrial Workbook for Month closure; Budgeting and Forecasting, Purchase Consolidation.

Ensure adherence to SOX compliances for Capex, Inventory and Standard Cost etc.

Responsible for Statutory, Cost & Tax Audits, and closure of Internal Audit observations.

Tracking operational Key Performance Indicators impacting the financial health of the operations and ensuring timely action. Benchmarking within the region and across the regions to maintain efficient working of the plants.

SG&A control for Functional cost and Purchasing functions.

Major Accountabilities:

·       Monthly Reporting: Coordination of Industrial Workbook including variance analysis against budget, forecast, and prior year with Plant Controllers. Total incurred cost, Industrial Inventory, and Payables. Causal Loading with alignment to enERGy variance analysis.

Collaborate with APAC Industrial Controller to plan variance discussions with the Plant Controllers. Support representation of financial performance in regional and global reviews.

Loading of data for regional teams as per requirement and response to queries of Regional/ Corporate teams.

·       Budgeting and Forecasting: Deploy guidelines for Planning Scenarios, ensuring accuracy of impact and comparison with last planning scenario and last year actuals. Ensure timely submission. Prepare base files as per central team guidelines and ensure accuracy of data in Industrial Workbook.

·       Purchasing Consolidation: Prepare consolidated reports for regional and areas wise results for Purchasing performance. Coordinate with Purchasing Controllers to keep the data up to date, and consistency of data. Ensure data related to Price Changes and Raw Material movement is updated timely. Facilitate physical verification of assets.

·       Product Costing: Ensure deployment of Standard Cost methodology, evaluation of Standard Overhead rates (based on normal capacity guidelines) and Functional Cost (Direct, Indirect and WW functions with respective stakeholders)

·       Audit and Compliances: Managing SOX compliances related to Capex, Inventory and Standard Cost etc. Ensuring timely reviews for tracking the compliance requirement. Ensuring action points related to Internal Audit observation are tracked effectively and closed on timely manner. Management of documentation (storage and easier retrieval).

·       Consolidation: Consolidation of various reports related to Inventory (Obsolescence, Excess, Ageing) for Direct and Indirect material; Capex reports (Capital work in progress, advances, asset tagging and physical verification)

·       SG&A: Coordinate with regional and central team for loading of Uplan and facilitate creation of reports for review and discussion for the respective Industrial and Purchase cost centres.

Leadership/Team Management Responsibility:

·       Regular interaction with APAC & India Regional Manufacturing Controller, Plant Controllers

·       Participate and facilitate reviews of Industrial Financials with Supply Chain Leader, Manufacturing Leader, and APAC & India Agriculture Finance head.  

Qualifications, Skills, Experience and Language(s):

Education/Qualifications:  

ICWA/ CA/ MBA Finance

Essential experience and skills:

·       Should have 10+ years of experience in similar role preferably in Manufacturing finance domain.

·       Highest standards of accuracy and precision, Capability to address complex financial challenges with creative solutions.

·       Strong commitment to meeting tight deadlines under certain level of stress, self-motivated and flexible working hours.

·       Articulate with excellent verbal and written communication skills.

·       Leading financial process improvements, automation, and standardization initiatives.

Key Internal and External Relationships:

·       Coordination with Plant Controller and Purchase controllers

·       Coordinate with Regional Manufacturing and Purchase FP&A to deploy calendar and guidelines.

·       Coordinate with Engineering, Logistics, Purchase operating and finance teams for accurate and consistent reporting.

Major Challenges:

·       Regional and Sub-regional discussions/ meetings originating from different time zones

·       Analysis of vast data set and arriving at meaniningful information

·       Different System across the region mutiple interfaces. Challenging to ensure accuracy of data between the different systems

·       Adhoc data requirements