Head – Finance (Sriperumbudur)

Head – Finance (Sriperumbudur)

16 Aug
|
People, Jobs and News
|
Sriperumbudur

16 Aug

People, Jobs and News

Sriperumbudur

Job Title: Factory Finance Head (Head – Finance & Accounts, Plant)

Reports to: Plant Head / CFO

Department: Finance & Accounts

Location: Sriperumbudur factory

To lead and control all financial, accounting, costing, statutory, and internal-control activities of the garment manufacturing unit (shirts and trousers), ensuring accurate reporting, healthy cash flow, optimum product costing, and full compliance with applicable laws, while supporting profitability and operational efficiency across production and warehousing operations.

Key Responsibilities

Financial Accounting & Reporting
Oversee day-to-day accounting, ledger maintenance, and month/quarter/year-end closing for the unit.
Prepare and present monthly MIS, P&L;, balance sheet, and cash-flow statements to management.
Coordinate statutory, internal, and tax audits and ensure timely closure of audit observations.
Cost Accounting & Product Costing (core for garment manufacturing)
Develop and maintain standard costing for each style/SKU of shirts and trousers (fabric, trims, CMT/stitching, labour, overheads).




Analyse cost per garment, style-wise and order-wise profitability, and variance (standard vs. actual).
Monitor fabric consumption, cutting wastage, rejection/rework costs, and yield efficiency in coordination with the production department.
Support pricing decisions and order costing.
Inventory & Warehousing Finance
Control valuation and accounting of raw material (fabric, trims, accessories), WIP, and finished goods inventory.
Ensure physical stock verification, periodic cycle counts, and reconciliation with system records (ERP) for both stores and the warehouse.
Monitor inventory ageing, slow-moving/dead stock, and minimise carrying cost and shrinkage.
Establish financial controls over warehouse goods receipt (GRN), dispatch, stock transfers, and goods-in-transit.
Canteen & Employee Welfare Finance
Oversee accounting and cost control of canteen operations.
Accurate booking of welfare expenses.
Track per-

📌 Head – Finance (Sriperumbudur)
🏢 People, Jobs and News
📍 Sriperumbudur

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