Educational Qualifications
Chartered Accountant (CA)

Experience
12–18 years of progressive experience in finance and accounting within fertilizer manufacturing.
Minimum 5 years in a plant finance leadership role.
Experience in fertilizer, chemicals, petrochemicals, process manufacturing, or similar industries preferred.
Solid exposure to cost accounting, plant operations, inventory management, and statutory compliance.

Key Responsibilities

1. Financial Accounting & Reporting
Maintain accurate books of accounts for the manufacturing unit.
Ensure timely monthly, quarterly, and annual financial closing.
Prepare plant-level Profit & Loss Account, Balance Sheet, and MIS reports.
Reconcile plant accounts with corporate finance.
Ensure adherence to accounting standards and company policies.
2. Cost Accounting
Maintain standard costing and actual product costing for composite fertilizers.
Analyze:
Raw material consumption
Utility costs
Energy costs
Conversion costs
Manufacturing overheads
Conduct variance analysis against budgets and standards.
Determine product-wise profitability.
Monitor production yields and process losses.
Support pricing decisions through detailed cost analysis.
3. Inventory & Stores Accounting
Supervise accounting of:
Raw materials
Packing materials
Work-in-Process (WIP)
Finished goods
Consumables
Spares
Ensure inventory valuation complies with applicable accounting standards.
Conduct periodic physical stock verification.
Investigate inventory discrepancies and implement corrective actions.
Monitor inventory ageing and slow/non-moving inventory.
4. Budgeting & Financial Planning
Prepare annual plant budgets.
Develop operating expenditure (OPEX) and capital expenditure (CAPEX) budgets.
Monitor budget utilization and analyze variances.
Forecast monthly cash flow requirements.
Support long-term financial planning for plant expansion and modernization.
5. Manufacturing Cost Control
Monitor:
Production costs
Utility consumption
Maintenance expenses




Labour costs
Procurement costs
Identify cost-saving opportunities.
Recommend process improvements to enhance profitability.
Develop cost control dashboards and key performance indicators (KPIs).
6. Statutory Compliance
Ensure timely compliance with:
GST
Income Tax (TDS/TCS)
Companies Act requirements
Cost Audit
Internal Audit
Statutory Audit
Environmental and other applicable regulatory reporting
Government subsidy documentation and compliance (where applicable)
Coordinate with external auditors and regulatory authorities during audits and assessments.
7. Fixed Asset Management
Maintain the Fixed Asset Register.
Capitalize project expenditures.
Verify asset additions and disposals.
Calculate and account for depreciation.
Conduct periodic physical verification of fixed assets.
8. Internal Controls & Risk Management
Strengthen financial controls across plant operations.
Ensure compliance with Standard Operating Procedures (SOPs).
Monitor delegated financial authorities.
Identify financial risks and implement mitigation measures.
Support internal control testing and continuous improvement initiatives.
9. Working Capital Management
Monitor receivables and payables related to plant operations.
Optimize inventory levels to improve working capital efficiency.
Track vendor payments and advance settlements.
Support treasury by providing plant-level cash flow forecasts.

10. Business Partnering
Collaborate with:
Plant Head
Production
Maintenance
Procurement
Supply Chain
Quality Assurance
Corporate Finance
Provide financial insights to support operational decision-making.
Evaluate capital investment proposals and prepare financial feasibility analyses.

Key Performance Indicators (KPIs)
Timely monthly financial closing
Accuracy of product costing
Budget adherence
Manufacturing cost reduction
Inventory accuracy
Inventory turnover
Working capital optimization
Audit compliance
Timely statutory filings
Reduction in financial control observations
Cost savings achieved
Plant profitability improvement

📌 Accounts and Finance Head (Dhule)
🏢 United HR Solutions
📍 Dhule