Role Description

The Head of Finance & Accounts will lead the end-to-end finance and accounting function at the plant, ensuring robust financial control, compliance, cost optimization, and timely reporting to Functionally CFO and Administratively to Unit Head.

Responsibilities

Financial Management & Reporting
Oversee plant-level finance operations: general ledger, accounts payable/receivable, costing, and payroll.
Drive compliance with Indian Accounting Standards (Ind-AS) and company policies.
Ensure timely closure of books of accounts every month/quarter/year.
Deliver timely & accurate MIS reports with budget variance analysis to HO.
Maintain accurate records in SAP with high data integrity.

Budgeting & Cost Control
Regular monitoring and review of CAPEX & OPEX budgets.
Drive plant-level budgeting, forecasting, and financial planning.
Standardize unit rates for contract services through a special committee.
Collaborate with HoD Commercial for rates negotiation with vendors of major raw materials and contract services to reduce costs.





Costing & Profitability Management
Lead the product costing process including standard costing, actual costing, and variance analysis.
Monitor RM, PM, utilities, and overhead costs and ensure cost optimization.
Review BOMs, routing, labor hours, overhead absorption, and cost allocation.
Conduct cost audits and lead cost improvement initiatives.
Analyze contribution margins, yield losses, and process efficiencies.

Compliance & Audit
Ensure timely payment of statutory dues (PF, ESI, GST, TDS, etc.) and filing of all related returns.
Actively manage plant-level compliance with Companies Act, Direct/Indirect taxes.
Ensure effective implementation of internal audit recommendations and closure of quarterly statutory audit observations.
Handle statutory, internal, cost, and GST audits seamlessly.

Insurance & Risk Management
Ensure there is no over/under coverage of insurance for materials, plant &

📌 Head Plant Finance Sahupuram (India)
🏢 Freelancer
📍 India