Job Title : Head Finance - Plant

Job Location : Chhatrapati Sambhajinagar

Job Purpose:

Lead finance function for the assigned plant; Plan and deliver financial planning & budgeting, cash flow management and capex management for the plant; Provide information and coordinate for completion of

internal audits, and ensure appropriate implementation of action plans; Analyze and recommend cost control initiatives to ensure plant profitability.

PRINCIPAL ACCOUNTABILITIES

(Accountabilities associated with the job)
Financial Planning and Budgeting
Participate in the plant planning process and provide accurate financial information to plant management team to enable decision making and achievement of plants financial objectives.
Based on customer indents for next month demand, prepare forecast/ monthly rolling plan, prepare forecast of income statement and balance sheet items along with Plant Head for the assigned plant
Undertake detailed item by item analysis and assess impact of variance on overall budget and expenses,



and for difference in volume projections evaluate impact on cost / budgets.
Monitor budget utilization and check expense PO to ensure adherence to with laid down budget, else explore justifications for expense.
For annual budgeting at given volume, prepare and consolidate budgets across variable and fixed heads, and as per inputs from various stakeholders
Cash flow management
At month end, prepare cash flow statements for the plant based on actual current month cash flows; Also, prepare a forecasted cash flow statement for the next month
Prepare plan for funding of capex requirements; Evaluate cash flow positions and plan capex funding accordingly.
Capex management
Prepare capex forecast at the beginning of the year incorporating the requirements of planned projects.
On a monthly basis review actual capex requirements/ spends, and adjust the PnL accordingly
Review individual capex projects and evaluate period of return, IRR, et

📌 Head Finance Sambhajinagar
🏢 Varroc
📍 Sambhajinagar