Junior Plant Controller

Ambernath Annex — IS & Switchgear Factory | Operations Finance

Position Overview

Position

Junior Plant Controller

Location

Ambernath Annex — IS & Switchgear Factory, Maharashtra, India

Department

Operations Finance

Reports To

Plant Controller – Ambernath Annex

Experience

3–4 Years

Qualification

CMA (ICMAI) — Qualified

About the Role

This is a core plant finance role — you'll be sitting at the plant, working closely with operations, and owning the numbers that drive manufacturing performance. From tracking hourly rates to building the factory P&L;, you'll be the finance partner the plant relies on daily. If you've worked in a manufacturing setup and enjoy being close to the action, this is your kind of role.

Key Responsibilities

1. Factory P&L; Ownership

- Prepare and maintain the monthly Factory P&L; for the Ambernath Annex — IS & Switchgear Factory
- Track fixed vs. variable costs, analyse deviations, and flag margin risks early
- Ensure timely and accurate monthly cost closure

2. Hourly Rate Tracking & Analysis

- Capture, compute, and monitor the plant hourly rate (cost per hour) on a monthly basis
- Analyse movement in hourly rates — volume-driven vs. cost-driven variances
- Present hourly rate trends and bridge analysis to plant leadership

3. Plant KPIs & Operational Excellence

- Own and report key plant KPIs — Efficiency %, Productivity %, Earned Hours, Conversion Cost per Hour
- Drive Plant Operational Excellence by partnering with operations to identify cost levers and track improvement actions
- Prepare monthly plant performance scorecards

4. Productivity Savings

- Track and validate productivity savings initiatives at the plant level




- Maintain a savings tracker with explicit project-wise breakdowns and YTD impact
- Coordinate with operations and CI teams to quantify and sign off on realized savings

5. PDSL (Promise Date Service Level) Analysis

- Analysis of PDSL Forecast v/s Actuals
- Gaps in Understanding why PDSL was not met

6. Rate Contracts & Vendor Rate Management

- Review and track rate contracts for key plant services (labour, maintenance, logistics, consumables)
- Monitor vendor rates against benchmarks and flag deviations
- Support procurement finance in rate negotiations with cost data and spend analytics

7. Headcount Analysis — Hired vs. Required

- Maintain and report monthly Headcount Hired vs. Headcount Required for the plant (permanent + contract)
- Analyse manpower cost per unit and productivity per head
- Flag over/under-staffing and support workforce planning with data

8. Budgeting, Forecasting & MIS

- Support annual budgets and periodic rolling forecasts (4+8, 8+4) for plant costs
- Prepare plant-level MIS and flash reports
- Build bridge analysis — Actuals vs. Budget vs. Prior Year

9. Oracle ERP Operations

- Handle day-to-day plant accounting transactions in Oracle — JVs, cost uploads, accruals, reconciliations
- Ensure correct cost centre and account mapping
- Generate reports and extracts from Oracle for analysis

10. Compliance & Standards





- Ensure all plant accounting is in line with applicable Accounting Standards (Ind AS) and Cost Accounting Standards (CAS)
- Support internal/external audits with plant-level documentation
- Maintain strong internal controls over plant financial processes

Must-Have Skills & Qualifications

AreaRequirement

Qualification

CMA (ICMAI) — Qualified

Experience

3–4 years in a manufacturing plant finance / plant controlling role

Accounting Standards

Well-versed with Accounting Standards (Ind AS) and Cost Accounting Standards (CAS)

Industry

Core manufacturing (mandatory) — preferably heavy engineering, electrical, or process industry

ERP

Hands-on Oracle ERP experience (GL, Costing, Inventory modules)

Cost Accounting

Strong understanding of CAS, standard costing, variance analysis, absorption costing

Communication

Strong verbal and written communication — can present to plant leadership confidently

Excel

Advanced — pivots, lookups, large data handling, dashboard-level MIS

Good to Have

- Exposure to Earned Hours methodology and conversion cost frameworks
- Experience working with intercompany (ICO) transactions or contract manufacturing setups
- Familiarity with CapEx tracking and project accounting
- Understanding of energy cost analysis and utility rate tracking

What We're Looking For

- Someone who's comfortable on the shop floor — not just behind a desk
- Can connect the dots between operational actions and financial outcomes
- Proactive — doesn't wait for month-end to spot issues
- Can explain cost movements in simple language to non-finance teams
- Takes ownership of the numbers and drives action, not just reporting

📌 Operations Finance Senior Analyst (India)
🏢 Vertiv
📍 India