Plant Finance Controller

Plant Finance Controller - Bawal, Haryana | UK based MNC

- Lead the Bawal Plant's financial operations and guide financial decisions by establishing, monitoring, and enforcing policies and procedures.

- Develop performance measures by working closely with diverse stakeholders including the Factory Manager, Engineering & Product teams etc.

- Provide support and assistance to the Operations Finance Controller and wider Operations Finance team while meeting reporting requirements within deadlines. This includes:

- Provide management reports for Manufacturing Plant commentary on financial performance, monthly financial reporting against budget, targets and prior years consisting of Management Cost Reports, Manufacturing KPI Reporting, month end closing, Inventory Reporting, Labour Cost and Headcount reporting.

- Assist other departments by providing financial and management information and advice, as required.

- Prepare and submit Financial Budgets and rolling Forecasts with clear identification and reporting of cost drivers and variables.

- Fixed Assets accounting and management of capital expenditure budget and spend with monthly reporting of spend vs budget. Identify and capitalise asset items at the end of the project and ensure compliance with fixed assets policy.

- Provide financial analysis and insights to help support inventory is at the right levels and manage write-offs process to help the site hit their targets.

- Ensure any other finance and reporting related stakeholder requirements from the regional office and country head-office are met within deadline.

- Carry out any required ad-hoc analysis pertaining to business performance management and drive insights from operating performance.

- Partnering with Factory Manager and functional leads in designing, optimising and monitoring cost element leading indicators by setting up cadences, frequent reviews, monitoring and control mechanisms.

- Prepare trends, deep dive and monitor product line costing in manufacturing to assist factory manager on improvements.

- Coordinate with factory manager and taxation team to implement proper controls and represent locally for direct/indirect taxation issues and potential saving opportunities.

- Capital control - evaluate proposals, monitor spend, associated phasing and review with the plant team to ensure projects are delivered within the approved budgets and agreed timeline.

- Specify plant strategic investment requirements to deliver accelerate projects, work to validate projects, payback, quantitative and qualitative KPI.

- Work with respective team members in the areas of materials management including inventory levels, aged inventories, statutory audits, write-offs and plant capacities utilisation.

- Lead the forecast and budget process in line with plant IO Stakeholders

- Carry out SAP system transactions as necessary and relevant to the task on hand.

- Liaise with external parties such as labour agencies, utilities companies etc. to obtain information as required and necessary.