Title:  Manager- Plant Finance

Annuals Budgeting & Forecasting:

• Driving overall Budgeting exercise at Plant level.
• Preparation of Plant wise / Cost center wise expenses budget along with proper back up and calculations, proper supporting’s & Justifications.
• Uploading approved budget in SAP and Anaplan (system).

Monthly activities:

• Monthly closing activities along with proper expenses provisions.
• Preparation and analysis of Plant wise and cost center wise Expenses report Actual vs Budget.
• Preparation of Monthly Opex MIS Deck and circulating the same to Plant management & Corporate consolidation team.
• Reporting various plant KRA & Monitoring of expenses. ie. Power & Fuel, Consumables, Repairs & Maintenance, and others.
• Monthly process of Professional Tax, ESIC & LWF Govt statutory payments.
• Monthly updating the Anaplan.

Controlling & Monitoring:

• Monitor revenue expenses with periodical GL scrutiny.
• Monitoring of Expenses mainly Power & Fuel, Effluent, Repairs & Maintenance and Others
• Highlighting the recovered Solvent used %. Gain/Loss
• Monthly monitoring the inventories for Plant (RM/PM/WIP/FG/Stores & Spares)
• Monitoring Yield Gain / Loss based on the Std defined by Plant
• Monitoring Solvent recovery Gain / Loss based on the Std defined by Plant
• Monitoring TRT hours of manufacturing equipment’s
• Tracking of Batch Failure with reasons, Capacity utilization and unabsorbed expenses.
• Physical verification of CWIP and its timely capitalization.
• Monitoring monthly Plantin recovery loss.
• Monitoring monthly Cash flow statement.
• Monitoring pending GRN and QC approval GIM with reasons/remarks.
• Monthly prepare open CWIP aging details (WBS wise) and sharing to concern Dept for Capex status.
• Collecting I/C certificate in timely manner and send it to HO for capitalization.
• Managing Asset transfer / disposal documentation & approval procedure in portal.
• Monitoring and Controlling PR / PO to Correcting proper books of account with maintain monthly revenue budget.
• Ensuring for clearance of open GRIR, Advances by coordinating with multiple stake holders and department
• Monitoring Accounts Payable activities like timely payment to vendors and MSME vendors as per due date, resolve issues with SSC team.
• Monitoring Accounts Receivable activities including approving customer credit checks and ensuring appropriate GST and TCS compliance before confirming Sales orders (Scrap Sales).
• Monthly sharing pending RGP details to relevant HOD’s after validating returnable & non-returnable gate pass.
• Verification & approval of Physical Inventory document (PID).

Special Projects:

• Support any need-based request for special projects/Business cases etc.
• Monitoring various Cost Savings projects in RMC & Recovery with Plant head.
• Quarterly Capex benefit report v/s pay back (Cost-Benefit analysis) calculation presentation to Sr. Management
• Validate Aspire saving ideas of various Dept in Genie portal

Insurance Cell support:

• Monthly validate the total coverage under insurance policy and preparation of incident investigation report with help of technical team for insurance claim.

Audit & Compliance:

• Coordinate with Internal and Statutory auditors for timely resolution of their queries.
• Supporting in regulatory audit requirements (Opex & Capex spend)
• Ensuring risk and internal control adherence
• Arranging Quarterly internal stock audit

Stakeholders:

• Plant cross functional teams
• Internal and Statutory auditor
• Finance, Operations leadership
• Local authorities