07 Aug
|
ZEISS Group
|
India
ZEISS in India
ZEISS in India is headquartered in Bengaluru and present in the fields of Industrial Quality Solutions, Research Microscopy Solutions, Medical Technology, Vision Care and Sports & Cine Optics.
ZEISS India has 3 production facilities, R&D; center, Global IT services and about 40 Sales & Service offices in almost all Tier I and Tier II cities in India. With 2200+ employees and continued investments over 25 years in India, ZEISS’ success story in India is continuing at a rapid pace.
Further information at ZEISS India .
Job Description – Assistant Manager, Plant Operations Finance
Location: Devanahalli, Bengaluru (Bluebird Plant)
Function: F&O;
Reports To: Head – Plant & Manufacturing Finance
A. Role Purpose
The Assistant Manager – Plant Operations Finance will support financial governance, cost control, accounting, and operational finance activities for Bluebird Plant operations.
The role will primarily focus on:
- Operating expense (OPEX) management
- Factory administration and facilities cost management
- Scrap accounting
- Cost allocation
- Budgeting and forecasting
- Finance compliance and governance
The position will work closely with Plant Operations, Admin & Facilities, Procurement, Supply Chain, Controllership, FP&A;, and Business Finance teams to ensure:
- Cost transparency
- Financial discipline
- Robust controls
- Accurate reporting
- Continuous cost optimization across the plant
The role will also support commercial coordination related to agreements, vendor cost management, and cost-saving initiatives across common plant services and infrastructure.
B. Key Responsibilities
1. Operating Expense (OPEX) Management
- Monitor and control plant operating expenses against approved budgets and forecasts.
- Perform monthly variance analysis and highlight key cost deviations with actionable insights.
- Support preparation of annual budgets, rolling forecasts, and periodic outlooks.
- Ensure accurate accounting, accruals, provisions, and expense booking.
- Track and monitor open commitments and service PO utilization.
2. Factory Administration & Facilities Cost Management
- Manage and monitor costs related to:
- Security
- Employee transportation
- Housekeeping
- Utilities (Power, Water, DG, Gas, etc.)
- Cafeteria
- Facility management services
- Analyze utility consumption trends and support efficiency improvement initiatives.
- Partner with Admin, EHS, Facility, and Procurement teams for effective cost control.
- Drive identification and implementation of cost optimization opportunities.
3. Scrap Accounting & Control
- Monitor scrap generation, accounting, valuation, and disposal processes.
- Ensure proper documentation, approvals, and compliance for scrap disposal transactions.
- Coordinate with Production, Stores, and SCM teams for accurate scrap tracking and reporting.
- Support scrap reconciliation between physical movement and financial records.
- Analyze scrap trends and support reduction initiatives.
4. Cost Allocation & Cross-Charge Management
- Manage allocation and cross-charging of common plant costs across business units/functions such as:
- Vision-Mass
- Vision-RX
- IQS
- RMS
- Meditech
- Other divisions operating from Bluebird Plant
- Ensure allocation methodologies are transparent, accurate, and properly documented.
- Coordinate with Business Finance teams for allocation validation and closure.
- Prepare allocation workings, cross-charge calculations, and supporting MIS.
5. Agreements & Commercial Coordination
- Liaise with Procurement, Admin, Legal, and vendors for commercial agreements and renewals.
- Track contract validity, commercial terms, escalation clauses, and financial implications.
- Support commercial evaluations and benchmarking for facility and admin-related services.
- Ensure proper documentation and timely closure of agreements.
6. Budgeting, Forecasting & Reporting
- Support preparation of plant budgets and rolling forecasts.
- Prepare monthly MIS, dashboards, and management reports related to plant operating costs.
- Analyze fixed vs. variable costs, vendor cost trends, and utilities consumption.
- Provide financial insights to support operational decision-making.
7. Compliance & Controls
- Act as a finance partner for factory-related statutory and regulatory compliance matters.
- Coordinate and support compliance requirements related to EOU/SEZ regulations, documentation, and reporting from a finance perspective.
- Partner with HR and other stakeholders to support compliance monitoring related to PF, ESI, NAPS, NATS, and other employee-related statutory obligations.
- Ensure compliance with:
- Internal financial controls
- Accounting policies
- Delegation of authority
- Approval processes
- Support internal, statutory, and process audits related to plant operations, facility expenses, and compliance matters.
- Ensure proper documentation and audit readiness for expenses, agreements, allocations, and statutory records.
- Monitor adherence to company policies related to procurement, expenses, vendor payments, and commercial governance.
8. Cost Saving & Continuous Improvement
- Identify and track cost-saving initiatives across plant operations and facilities management.
- Support process improvement and automation initiatives within plant finance processes.
- Coordinate with cross-functional teams to improve operational and financial efficiency.
- Develop trackers and dashboards to monitor savings realization.
C. Desired Profile
Qualification
- Qualified CA / CMA
Experience
- 1–4 years of relevant experience in Plant Finance, Operations Finance, Controlling, or Manufacturing Finance.
- Experience in the manufacturing industry preferred.
- Exposure to SAP (FI/CO/MM), MIS reporting, budgeting, or cost analysis will be an added advantage.
- Experience in OPEX tracking, vendor/service cost management, facility/admin accounting, or commercial coordination preferred.
Technical Skills
- Good understanding of accounting and cost control concepts.
- Knowledge of budgeting, forecasting, and variance analysis.
- Hands-on exposure to SAP (FI/CO/MM preferred).
- Strong Excel and MIS reporting skills.
- Analytical mindset with attention to detail.
Behavioral Skills
- Strong coordination and stakeholder management skills.
- Ability to work cross-functionally with Operations, Admin, Procurement, SCM, and Finance teams.
- High ownership and execution orientation.
- Structured and problem-solving approach.
- Ability to work in a dynamic manufacturing environment.
- Ability to effectively coordinate with Controllership, FP&A;, and Business Finance stakeholders.
D. Key Outcomes of the Role
- Improved control and visibility of plant operating expenses.
- Effective management of common admin and facilities costs.
- Accurate and timely cost allocation and reporting.
- Strong compliance and financial governance across plant operations.
- Enhanced cost efficiency through continuous monitoring and savings initiatives.
- Reliable forecasting, accounting, and MIS support for plant operations.
Job Description – Assistant Manager, Plant Operations Finance
Location: Devanahalli, Bengaluru (Bluebird Plant)
Function: F&O;
Reports To: Head – Plant & Manufacturing Finance
A. Role Purpose
The Assistant Manager – Plant Operations Finance will support financial governance, cost control, accounting, and operational finance activities for Bluebird Plant operations.
The role will primarily focus on:
- Operating expense (OPEX) management
- Factory administration and facilities cost management
- Scrap accounting
- Cost allocation
- Budgeting and forecasting
- Finance compliance and governance
The position will work closely with Plant Operations, Admin & Facilities, Procurement, Supply Chain, Controllership, FP&A;, and Business Finance teams to ensure:
- Cost transparency
- Financial discipline
- Robust controls
- Accurate reporting
- Continuous cost optimization across the plant
The role will also support commercial coordination related to agreements, vendor cost management, and cost-saving initiatives across common plant services and infrastructure.
B. Key Responsibilities
1. Operating Expense (OPEX) Management
- Monitor and control plant operating expenses against approved budgets and forecasts.
- Perform monthly variance analysis and highlight key cost deviations with actionable insights.
- Support preparation of annual budgets, rolling forecasts, and periodic outlooks.
- Ensure accurate accounting, accruals, provisions, and expense booking.
- Track and monitor open commitments and service PO utilization.
2. Factory Administration & Facilities Cost Management
- Manage and monitor costs related to:
- Security
- Employee transportation
- Housekeeping
- Utilities (Power, Water, DG, Gas, etc.)
- Cafeteria
- Facility management services
- Analyze utility consumption trends and support efficiency improvement initiatives.
- Partner with Admin, EHS, Facility,
and Procurement teams for effective cost control.
- Drive identification and implementation of cost optimization opportunities.
3. Scrap Accounting & Control
- Monitor scrap generation, accounting, valuation, and disposal processes.
- Ensure proper documentation, approvals, and compliance for scrap disposal transactions.
- Coordinate with Production, Stores, and SCM teams for accurate scrap tracking and reporting.
- Support scrap reconciliation between physical movement and financial records.
- Analyze scrap trends and support reduction initiatives.
4. Cost Allocation & Cross-Charge Management
- Manage allocation and cross-charging of common plant costs across business units/functions such as:
- Vision-Mass
- Vision-RX
- IQS
- RMS
- Meditech
- Other divisions operating from Bluebird Plant
- Ensure allocation methodologies are transparent, accurate, and properly documented.
- Coordinate with Business Finance teams for allocation validation and closure.
- Prepare allocation workings, cross-charge calculations, and supporting MIS.
5. Agreements & Commercial Coordination
- Liaise with Procurement, Admin, Legal, and vendors for commercial agreements and renewals.
- Track contract validity, commercial terms, escalation clauses, and financial implications.
- Support commercial evaluations and benchmarking for facility and admin-related services.
- Ensure proper documentation and timely closure of agreements.
6. Budgeting, Forecasting & Reporting
- Support preparation of plant budgets and rolling forecasts.
- Prepare monthly MIS, dashboards, and management reports related to plant operating costs.
- Analyze fixed vs. variable costs, vendor cost trends, and utilities consumption.
- Provide financial insights to support operational decision-making.
7. Compliance & Controls
- Act as a finance partner for factory-related statutory and regulatory compliance matters.
- Coordinate and support compliance requirements related to EOU/SEZ regulations, documentation, and reporting from a finance perspective.
- Partner with HR and other stakeholders to support compliance monitoring related to PF, ESI, NAPS, NATS, and other employee-related statutory obligations.
- Ensure compliance with:
- Internal financial controls
- Accounting policies
- Delegation of authority
- Approval processes
- Support internal, statutory, and process audits related to plant operations, facility expenses, and compliance matters.
- Ensure proper documentation and audit readiness for expenses, agreements, allocations, and statutory records.
- Monitor adherence to company policies related to procurement, expenses, vendor payments, and commercial governance.
8. Cost Saving & Continuous Improvement
- Identify and track cost-saving initiatives across plant operations and facilities management.
- Support process improvement and automation initiatives within plant finance processes.
- Coordinate with cross-functional teams to improve operational and financial efficiency.
- Develop trackers and dashboards to monitor savings realization.
C. Desired Profile
Qualification
- Qualified CA / CMA
Experience
- 1–4 years of relevant experience in Plant Finance, Operations Finance, Controlling, or Manufacturing Finance.
- Experience in the manufacturing industry preferred.
- Exposure to SAP (FI/CO/MM), MIS reporting, budgeting, or cost analysis will be an added advantage.
- Experience in OPEX tracking, vendor/service cost management, facility/admin accounting, or commercial coordination preferred.
Technical Skills
- Valuable understanding of accounting and cost control concepts.
- Knowledge of budgeting, forecasting, and variance analysis.
- Hands-on exposure to SAP (FI/CO/MM preferred).
- Strong Excel and MIS reporting skills.
- Analytical mindset with attention to detail.
Behavioral Skills
- Strong coordination and stakeholder management skills.
- Ability to work cross-functionally with Operations, Admin, Procurement, SCM, and Finance teams.
- High ownership and execution orientation.
- Structured and problem-solving approach.
- Ability to work in a dynamic manufacturing environment.
- Ability to effectively coordinate with Controllership, FP&A;, and Business Finance stakeholders.
D. Key Outcomes of the Role
- Improved control and visibility of plant operating expenses.
- Effective management of common admin and facilities costs.
- Accurate and timely cost allocation and reporting.
- Strong compliance and financial governance across plant operations.
- Enhanced cost efficiency through continuous monitoring and savings initiatives.
- Reliable forecasting, accounting, and MIS support for plant operations.
Your ZEISS Recruiting Team:
Manoj Badaik
📌 Assistant Business Finance Manager (India)
🏢 ZEISS Group
📍 India