Head - Plant Finance - BFSI

Controlling and Period Closure:

a) Collection of inputs for Opex provisions from the respective HODs and others

b) Analyze relevance and completeness of provisions, ensuring parking of entries

c) Review with cluster finance head for posting and reversal of entries

d) Ensuring accounting accuracy of transactions

e) Preparation and sign off of FSCP Documentation

f) Review and report exceptions in Plant relevant Balance Sheet GLs

g) Tracking and Closure of overdue RGPs & GRNs

h) Compliance with accounting policies and guidelines

Costing and Inventory:

a) Prepare RMC spreads and variance analysis

b) Overhead rate computation on quarterly basis for uploading in SAP

c) MLs and Spent rate valuation on quarterly basis for uploading to SAP

d) Inventory validation, NRV calculation and rate correction of MIS to Plant teams e) Support cluster head, GMO costing team with necessary inputs

f) Reduce the difference between standard vs actual costs

g) Conducting perpetual inventory checks

h) Tracking and closure of open process orders and STOs in order to minimize Inventory, Blocked stocks and write offs

Operating expense review, MIS, Control:

a) Tracking and reporting operating expenses in line with Budget and Control

b) Monthly analytical review of Opex with insights and reasons for deviation (if any) between

c) Relevant comparable periods

d) Budget vs actual

e) Preparation and circulation of Plant MIS to Plant Heads and SLTs

f) Facilitate Cluster Head and GMO planning team with inputs and insights

g) Prepare and present plant financial metrics in the plant MRMs

h) Cost sensitization through various discussions with plant head and SLTs

i) Preparation and circulation of utilities MIS in order to support plant head and SLT to improve the plant financials

- Operational Expenses budget and Latest estimates

- Audits and Compliance

- Oversight on Financial transactions - Invoice Verification