Key Responsibilities

1. Budgeting & MIS Reporting

- Develop and maintain the annual financial budget, including department-wise allocations.

- Prepare and submit daily, monthly, and quarterly MIS reports to senior management.

- Analyze variances between budgeted and actual expenditures and report weekly deviations.

2. Costing & Variance Analysis

- Prepare detailed monthly cost sheets and product-wise costing reports.

- Perform weekly consumption variance analysis by comparing actual material usage against BOM standards.

- Conduct comparative analysis of product costs versus previous months for continuous improvement.

- Generate cost center-wise and head-wise expense analysis.

3. Inventory Management

- Perform BOM verification to ensure alignment with actual production.

- Conduct perpetual physical verification of stock and maintain inventory accuracy.

- Submit weekly and monthly inventory reports covering raw materials, WIP, and finished goods.

- Ensure detailed reporting on closing stock movements and stock variance.

- Support insurance processes by submitting required inventory and asset details.

4. Audit & Compliance

- Act as the single point of contact (SPOC) for both internal and statutory audits.

- Ensure compliance with all audit requirements and maintain proper documentation.

- Coordinate and conduct periodic (semi-annual/annual) physical stock verification.

- Carry out daily physical verification of issued materials.

5. Cost Control & Operational Efficiency

- Identify cost-saving initiatives and provide detailed reports on execution and impact.

- Monitor administrative, fixed, and petty cash expenses to ensure cost discipline.

- Track expenses on a per KG of FG (Finished Goods) basis.

- Analyze and report usage of fuels and consumables per unit of FG produced.

6. Performance Monitoring & Reporting

- Prepare profit center and product-wise P&L accounts.

- Conduct monthly cost sheet and account-wise analysis, including coordination with the accounts department.

- Generate and submit monthly and quarterly performance reports for management review.

7. Production Efficiency & Equipment Monitoring

- Conduct comparative analysis of standard vs. actual production output, including machine speed, efficiency, and utilization.

- Track repair and maintenance activities and costs on an equipment-wise basis.

- Monitor and report all material issued under Returnable Gate Pass (RGP) for accountability.
Qualifications & Experience

- CA / MBA (Finance) / CMA ( Final)

- 5-8 years of experience in plant finance, costing, or MIS roles

- Proficient in MS Excel, ERP systems (preferably SAP), and costing tools

- Strong analytical skills with attention to detail

- Familiarity with inventory management and production environments

Key Competencies

- Costing and variance analysis

- MIS reporting and dashboarding

- Inventory control and physical stock verification

- Audit readiness and compliance

- Operational cost optimization

- Financial planning and budgeting

- Strong communication and stakeholder coordination