Plant Finance Manager - Manufacturing Firm

Plant Finance Manager

- You will be responsible for the financial operations of the Manufacturing facilities.

- Manages and directs the development, interpretation and reporting of financial data to support the attainment of Plant/Business Unit objectives.

- Plans, coordinates, and administers the budgeting process for the Manufacturing facilities. Establishes Accounting and procedures consistent with GAAP (Generally Accepted Accounting Practices), and in accordance with corporate policies and legal requirements.

- You will recommend, develop and obtain approval and implement departmental and Business Unit procedures and controls.

- The position acts independently, but in conjunction with upper management in the Manufacturing Operation, Finance, Supply Chain, R&D, Marketing, IT, & Technical Operations Areas. Operational methods are developed by the individual and agreed upon with upper management.

Key Responsibilities:

- Directs the Accounting operations at the Plant. This includes 1) Financial analysis, 2) recommending and implementing financial strategies to optimize the utilization of Manufacturing resources, 3) designing, implementing and maintaining Standard Costing systems, 4) the review of actual results versus established benchmarks, commenting on significant variances, 5) evaluation of data with reference to Business Unit/Plant/objectives and 6) coordination of monthly financial closings.

- Manages the Plant budgeting process to include forecasts, production plan, shipments, labor loads, cost reduction programs, capital investments, etc., and presentation. Assesses and highlights financial risk associated with such business plan.

- Supervises a small staff of accounting professionals. Delegates and ensures understanding of job duties and responsibilities. Provides a motivating, engaging work environment and information on relevant matters including business objectives, company policies and procedures. Measures and appraises performance and provides accurate feedback. Recommends/approves salary actions/career development. Assists employees in skills/career development. Approves expenses, monitors absences and vacations.

- Responsible for the development, review, and analysis of standard costs for all new products and product line extensions, including the annual standard update, development of labor and overhead rates, and the qualification of year to year financial impact of changes. Controls data base and ensures the integrity of the cost accounting systems, as well as, the General Ledger, as it relates to the Mentor Manufacturing facilities. Provides for the analysis and evaluation of cost data, cost estimates and cost reduction programs. Identifies financial benefits related to new product requests and makes recommendations to management.

- Responsible for the coordination of the Physical Inventory and/ or cycle counts encompassing all stock at the plants. Ensures proper staffing levels for counting, audits, data entry; trains counters and auditors in responsibilities; assures accurate valuation and recording of results. Manages monthly inventory reporting, balancing of perpetuals to the G/L, and analysis of such including levels/types of inventory at risk, consignments, etc.

- Investigates, reviews and analyzes the accounting flow, controls and procedures highlighting problem areas and developing improvements. Develops and implements corrective action as required. Responsible for maintaining Sarbanes Oxley compliance documentation for the Manufacturing facilities.

- Reviews and approves Manufacturing Capital Authorization Requests providing the required Financial analysis where appropriate. Reviews and approves Post Completion audits conducted by staff on major capital projects.

- Using the value added analysis in the above responsibilities, influences the company's goal with respect to long term manufacturing strategies.

- Assists senior management both at the site and Corp. HQ. on special projects.

Qualification And Experience:

i. CA with 2-4 Years of ' experience in a manufacturing set up

ii. Knowledge of budgeting and forecasting techniques as well as proficiency with financial statement analysis and projection

iii. Strong knowledge of GAAP

iv. Working Knowledge of SAP or other ERP Systems- Proficiency in all MS Office programs, with advanced skills in Excel.

v. Strong attention to detail, superior analytical capability- Accounting, Finalization, Month closure, Inventory management, ERP/SAP exposure etc.- Must possess strong prioritization skills, flexibility and multitasking.

vi. Good communication skills, both oral and written

Remuneration:

An outstanding remuneration package that rewards professionalism and diligence will be on offer for the successful applicant as well as a well defined career path. An excellent package will be on offer for the right candidate, including an above industry base salary for the right person as well as the most complete employee benefit scheme. Don't miss out on this opportunity to join the market leader

Contact Person Name, Address & Nos.:

P.G.Ganesh
Partner
Perfect Placer
Mobile : 9873663105