Industry Experience:
Manufacturing / Supply Chain Finance mandatory
Qualification:
B.Com / CA Inter / CMA Inter
We are looking for an experienced
Assistant Manager – Supply Chain Finance
to manage the end-to-end financial aspects of
job work, subcontracting, and contract/toll manufacturing operations
.
The role will be responsible for job work accounting, inventory controls, commercial monitoring, reconciliations, P2P controls, statutory compliance, and coordination with cross-functional teams.
Key Responsibilities
Job Work Accounting – SAP
• Handle job work accounting and Job Work POs in SAP.
• Track variances in job work process orders.
• Verify job work charge invoices before MIRO processing by the Accounts Payable team.
• Ensure compliance with relevant accounting standards, including IFRS 15, IAS 2, and other applicable statutory audit guidelines.
Job Work Commercials & Agreement Monitoring
• Understand supply chain processes related to job workers and contract manufacturers.
• Monitor financial and operational commercials as per job work agreements.
• Raise debit notes for quality rejections, output SLA/non-performance penalties, inventory shortages, and other applicable recoveries.
Inventory Controls
• Manage inventory movements to job workers under Gross/Net Material Movement approaches.
• Monitor direct shipments across multiple locations under Bill-To / Ship-To scenarios, including GST implications.
• Coordinate periodic physical stock verification at vendor locations.
• Monitor production consumption and inventory of company-provided materials, job worker-procured materials, spares, components, and finished goods.
• Track BOM variances and drive timely corrective actions.
• Monitor RM and FG inventory holding at job work locations and implement appropriate SAP controls.