This position is for Lead - Financial planning and Analysis (FPnA) for Indore site, responsible for managing overall financial activities of Unit (like budgeting, MIS reporting etc.) and ensuring adequate controls at site . Additionally, person will be responsible as a business partner for Unit I and III (assisting units for PR, CER and other Financial matters).
Key Accountabilities (1/6)
FP&A; activities for Indore Operations
- Budget controller at site level (Mfg., quality and Admin)
- Monthly Reporting of expenses (head wise)
- Budget preparation activity
- Trend analysis, data analytics and review of expense G.Ls.
- Monthly meeting with SLT team for updates
- Reporting reason/justification for Budget Overrun
Key Accountabilities (2/6)
Business Partnering with Unit I and III for all relevant support required
- Evaluation and Approval of Purchase Requisitions (PRs) and Capex Expenditure Requisitions (CERs)
- Evaluation of Product Transfer Proposal
- Support and coordination with FSS for Payment
- Resolution of Vendor’s queries of Invoice booking/payment
- Coordination for other requirements like Inventory, WIP, Audit etc
Key Accountabilities (3/6)
Manage Opex Activities and closing activities
- Provision tracking and controlling every month for accurate reporting.
- Cost correction and allocation entries.
- Expense dump tagging and MPR preparation.
- Support and coordination with CER Support Team for User specific requirements
- Opex Budget Activities
- Response to Auditor’s Queries for Capex
Key Accountabilities (4/6)
Controllership and Compliances for Indore Operations
- Controllership and Governance on Financial and accounting aspect.
- Handing Internal audits at site and final closure
- IFC controls implementation and adherence
- Adherence to DOA
- Verification of Measurement sheet on monthly basis to keep control and rigour
Key Accountabilities (5/6)
Key Accountabilities (6/6)
Major Challenges
1. Prioritization of tasks and smooth operations - Overcome by putting in extra work hours & planning
2. Managing complexity, multiple stakeholders - Overcome by solving thing in a structured manner
Key Interactions (1/2)
- Site functional teams e.g. Stores, production, HR, engineering, etc
- Site Head
- Central Mfg team
- Corporate Finance team
- Legal Team
- Internal Audit Team
- IT team
- Taxation
- Costing
- BU finance
- Capacity Planning
- 2-5 years of manufacturing finance experience across different Finance verticals handling similar size operations & complexities
- Experience with general ledger functions and the month-end/year end close process,
- Well verse with SAP (Hana)
- Sound knowledge on regulatory compliance, statutory reporting, Accounting standards, Indirect taxation
- Managed Opex and Capex related work
- Worked on MIS reporting.