4 days left Employer Vinayak Outsourcing Works Location Durg Posted Aug 02, 2026 Closes Aug 09, 2026 Ref (phone hidden) Role Finance Manager Level Manager Certification CMA: Preferred Work Mode Work from office Hours Full Time Organization Type Academia, Corporate You need to sign in or create an account to save

Apply(This will open in a new window from which you will be automatically redirected to an external site after 5 seconds) : A Finance Manager for a fabrication plant is responsible for overseeing all financial operations, cost accounting, and inventory management at the manufacturing facility. This role combines high-level financial analysis with operational business partnering to drive cost-saving initiatives, optimize working capital, and ensure compliance with statutory and internal controls. The position requires a "hands-on" approach to manufacturing costing, BOM (Bill of Materials) analysis, and ERP system usage (e.g., SAP).

Key Responsibilities Manufacturing Finance & Costing: Lead product costing, BOM analysis, material variance analysis, and overhead allocation.

Inventory & Capex Management: Monitor inventory valuation, stock reconciliation, WIP (Work-in-Progress), and capital expenditure (CAPEX) tracking.

Budgeting & Forecasting: Develop annual factory budgets and monthly financial forecasts in coordination with the plant head and operations teams.

Financial Reporting & MIS: Prepare timely monthly, quarterly, and annual financial statements, including MIS reports and variance analysis.





Compliance & Audit: Ensure adherence to tax regulations (GST, TDS, Corporate Tax), internal controls, and statutory compliance, managing internal and external audits.

Business Partnering: Collaborate with production, supply chain, and procurement teams to improve efficiency and reduce manufacturing costs.

Team Leadership: Guide, mentor, and manage the plant accounting team.

Required Qualifications & Skills Education: Bachelor’s degree in Finance, Accounting, or Commerce (CA, CMA, or MBA Finance preferred).

Experience: 5-10+ years of progressive experience in finance, with significant experience in manufacturing, factory operations, or plant finance.

Technical Skills: Proficiency in ERP systems (SAP preferred) and advanced MS Excel.

Industry Knowledge: Deep understanding of inventory valuation (IAS 2/IndAS) and standard costing models.

Soft Skills: Solid analytical ability, leadership skills, and the capacity to explain financial data to non-finance personnel.

Typical Reporting Line

Directly to the Plant Head, Factory Manager, or General Manager (Finance).

Functional reporting to Corporate Finance or CFO. JOB APPLY http://jobs.vinayakjob.com/ CONTACT DETAILS - Name - MANISHA SAHU Number - 91099 93513 Share Facebook

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📌 Finance Manager For Fabrication Plant - Bhilai , Chhattisgarh (Durg)
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