Finance Controller - Mfg

Ensuring successful month end closure of the books includes:

- Provisional information collection through confirmation mails from relevant department as input.

- Analysis relevance and completeness of above information, accumulating provisions, ensuring postings and reversals with controlling team.

- Documentation of all entries posted.

- Ensuring accounting accuracy of transactions. Ensuring inventory valuation with key observations.

Operating expenses review, MIS, control includes:

- Tracking of operating expenses with in the plant as a continuous exercise/activity as part of control.

Monthly analytical review of 'spent' with insight and reasons of deviations(if any) between:

a. Relevant comparable periods.

b. Budget Vs. Actual

- Floating plant expenses, MIS to controlling/planning team to form base of SBU MIS.

- Tracking need and effectiveness of expense to ensure/report realization of "VFM" i.e. [Value For Money]

- Cost sensitization with in the plant through discussions with Plant head /Respective department heads/ ‘Area of expenses' owners.

- Preparing Inventory aging and updating to concern for cleaning if any unusable stocks.

- Preparing RMC spreads and identifying favorable/Unfavorable compare with plan

Oversight on Financial Transactions - Invoice verification:

- Need of expenses/transaction

- Verify amount/Quantity of work done/Scope of work.

- Ensuring authenticity of vendor claims through work verification.

- Verify adequacy of documentation and DOA.

- Verify defined purchase process adherence.

- MIS and trend analysis

Formulating expenses budget and latest estimates:

- Annual expense budget formulation for plant

- Discussion with plant head and respective department heads regarding plan of spent.

- Identify, capture and accommodate exceptions

Ensure completeness of budget and scope of budget:

a. Formulation of latest estimates.

b. Expense trend analysis.

- Identify, capture and accommodate probable exceptions.

- Review and finalization(at plant level) with FTO controlling team

Compliance:

- Statutory Audit: Assisting for/providing information as required by auditors.

- Internal Audit: Support for IA exercise in plant, Track and ensure closure of open observations.

- Track noncompliance (Finance/Non Finance)

- Review and facilitation of legal documents such as agreements.

Process control review:

- Ensure set process notes/SOPs being followed and identify control gaps.

- Track DoA violations

- Develop and review process notes in coordination with central finance team.