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.
- Robust 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.
- 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.
- 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.
- 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

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