Assistant Plant Controller

Role: Assistant Plant Controller

Reports to: India Plant Controller

Direct reports: 6

Location: Vadodara

Education and background: CA / ICWA with 8-10 years of experience with a minimum of 5 years in a US MNC. Knowledge of US GAAP reporting is mandatory

About the Client:
With a well established market position, a strong brand and a broad range of products, the organization has sales turnover in excess of INR 500 Cr.

The Company manufactures products in India and abroad that are used extensively by core industries like Oil and Gas, Petrochemical, Chemical, Power Markets. With their revised business models and aligned business verticals, they are looking at growing their sales to over INR 500 Cr and therefore are seeking a high performing and ambitious finance professional to capitalize on their leading position and realize their growth potential.

This is a demanding and high profile role offering excellent prospects for further career progression in India and their groups globally.

Key responsibilities:

The Assistant Plant Controller will be responsible for heading the accounting control function of their biggest plant in India based at Vadodara. He will be responsible for liaising with the India Controller’s group in Group reporting requirements; compliance with local statutory requirements; US GAAP reporting; maintaining an effective Controls & Compliance environment; managing Third Party program; managing internal and external audits.

Key Responsibilities:

- General accounting function which includes monthly close and quarterly and year end close

- Statutory audit including liaising with statutory auditors

- Taxation - direct and indirect for the legal entities

- Ensuring that the plant costing is executed within the guidelines of the company policies

- Review of standard costs and measurement of actual v/s the standard costs

- Actively support the purchase team in the procurement process

- Review of consumption of materials across the stores and other areas

- Review inventory and its valuation and stock verification

- Actively support a culture of performance management and talent development through goal setting and performance assessment of direct reports

- Provide support, coaching, mentoring and professional development opportunities to direct reports

- Embrace and promote Integrity, Excellence, Teamwork and Accountability

- Additional Controllership specific responsibilities sharing with the India Controller

- Responsible and accountable for appropriate and effective controls in place across the full spectrum of company operations (bank accounts, third party, inventory accuracy, cost accounting accuracy, cash application, etc.)

- Ensure controls risks are appropriately assessed and mitigated, track and report compliance readiness, and lead the overall assessment of internal controls

- Ensure full compliance with s404 and s302

- Communicate and reinforce corporate policies and procedures

- Ensure compliance with FCPA and other anti-corruption laws

- Drive compliance to third party management program

- Ensure compliance with the local taxation requirements and meeting all regulatory requirements are met

- Partner with the business finance team to understand business strategy and business drivers that may impact risk and control environment

- Maintain relationship with stakeholders, banks, financial institutions, government regulatory agencies, etc

- Performs other tasks as may be assigned from time to time by the Finance Director – India and India controller

If this opportunity interests you, please write in to me at apandey@antal.com with your updated profile and I will get in touch with you to have a detailed conversation