Function: Finance

Educational Qualification : CA (Inter), ICWA(Inter), M.B.A(Finance), M.Com with 5 to 8 Years, B Com.

Experience: At least 5-8 years of total experience.

Position Overview (Scope of the role & Outcomes):

Responsible for driving the financial Control of plant. Handling financial MIS, cost review etc.

Key Stakeholders:

Internal : Manufacturing,Maintainance, Quality & Replenishment Functions, HR, Finance(Region & EO), SAP Team

External : Auditors(Internal & Management Auditor)

Key Responsibilities:

- Reconcile raw materials / packaging materials with the SAP Register every month with Audited Physical verification Report and Transit stocks.
- Monitor Efficiency parameters of Factory on Daily and weekly basis in terms of Financial Nos.
- Factory Cost review and analysis includes Daily & Weekly Production, Breakdown, Defective, Labour, Power, Fuel efficiency.
- Co-ordinate with internal stack holders (Production, Maintenance, HR, Quality) to found out root cause for major variance.
- Daily & Weekly focus on Material consumption variance and do follow up with production for major variances.
- Prepare and circulate MIS as per requirement of Unit, Region & EO on Daily/Weekly/Monthly basis.
- BOM routing and necessary action for corrections in BOM
- Verify closing stocks of Finished Goods.
- Needs to verify daily floor defective stock- Recyclable/Non-Recyclable.




- Engage in CEP projects initiation.
- Calculate Consumption variance / Recipe variance/ Wage Rate variance.
- Follow up on FCC meeting action plans
- Maintain Valuation Data in SAP.
- Prepare reports to show the yearly closing stock valuation of Raw Material / Pkg Materials / FG (manually) and also the Capitalisation of all Assets and Quantitative reconciliation of Stocks etc.
- Control Production Costs
- Follow up with stake holders and provide shift wise LPF to S&F; team for production confirmation
- Weekly monitoring of SAP FG stock Vs Actual production. Discuss for any discrepancy Analysis of breakdown summary and reporting to all post discussion with the stake holders
- Continuous checking of the process and mapped with the standard . Highlight to Factory for any variation.
- Daily checking for EGA
- Comparison to be made between Log book , Sack Processed with Actual
- Daily Shop Floor round
- Operating PLM system for current recipe in SAP
- Correct and timely adjustment entries for month end stock adjustment needs to be posted
- Re-conciling monthly stock of empties.
- Maintain Safety at workplace - timely circulate and update Safety tracker report and highlight immediately for Unsafe act / condition / near miss reporting and follow-up for closure of the same.

📌 S & F Officer (India)
🏢 Britannia
📍 India