Abbott - Associate Director - Finance - CA

Job Title: Associate Director Finance

Location: Baddi, Himachal Pradesh

Qualification: Chartered Accountant (CA)

Experience: 20+ years

Team Size: 79

Main Purpose of the Role:

To lead and oversee the finance and accounting operations of the manufacturing plant, ensuring robust financial controls, accurate reporting, regulatory compliance, and strategic cost management. The role supports plant leadership by driving financial insights and initiatives aligned with overall business objectives.

Key Responsibilities:

Financial Leadership:

- Direct and manage all plant-related finance and accounting functions including cost accounting, capital expenditure, payroll, inventory management, and general ledger activities.

Strategic Involvement:

- Actively contribute to the formulation and execution of plant-level strategic goals, providing financial insights to support decision-making.

Financial Reporting & Controls:

- Ensure timely and accurate financial reporting on cost performance, inventory control, payroll, and all financial transactions.

- Ensure compliance with Generally Accepted Accounting Principles (GAAP) and internal company policies.

- Maintain SOX compliance and update documentation as required.

Taxation & Compliance:

- Handle indirect tax matters including Central Excise, Sales Tax, VAT, and ensure timely compliance and filing.

- Ensure adherence to all statutory and regulatory requirements applicable to the manufacturing setup.

Cost Management & Optimization:

- Monitor and control plant functional costs and identify areas of cost reduction or efficiency improvement for plant leadership.

- Implement cost control systems/techniques to track overheads and ensure cost-efficient operations.

Standard Costing & Capex Control:

- Calculate and release standard cost of products annually.

- Monitor and control capital expenditures (Capex) and ensure timely capitalization of assets.

- Review and approve RCEs raised at the plant.

MIS & Analytics:

- Ensure accurate and timely release of Management Information Systems (MIS) reports to support business decisions.

- Provide actionable insights based on financial data analytics.

Preferred Attributes:

- Strong experience in plant/manufacturing finance leadership roles.

- In-depth knowledge of cost accounting, standard costing, and inventory management.

- Well-versed in indirect taxation and compliance regulations in India.

- Proven ability to lead cross-functional teams and influence senior stakeholders.

- Excellent analytical, communication, and leadership skills.