Position Title: Assistant Manager – Manufacturing & SBU Finance (BFG)

Reporting To: Head – Business Finance (BFG)

Qualification & Experience:

- CA / CMA – Inter / Qualified CMA preferred.
- 4–7 years of relevant experience in manufacturing finance, plant controlling, business finance, FP&A;, commercial finance, or pharmaceutical finance .
- Experience in Pharmaceutical / API / Formulation / Manufacturing industry preferred.
- Robust working knowledge of SAP FI/CO, MS Excel, MIS and financial modelling .

Purpose of the Role:

To provide comprehensive financial support and business partnering to manufacturing operations, R&D; and SBUs , with responsibility for budgeting, forecasting, cost control, profitability analysis, inventory and working capital management, pricing/margin analysis, and management reporting.

The role will partner with manufacturing, commercial, sales, marketing, R&D; and business leadership teams to drive cost efficiency, profitability improvement and informed financial decision-making .

Key Responsibilities:

1. Budgeting & Forecasting:

- Lead annual budgeting and periodic forecasting for manufacturing plants, R&D; and assigned SBUs.
- Develop cost, revenue and profitability projections.
- Monitor key financial assumptions and business drivers.
- Coordinate with plant and business leadership to ensure realistic and actionable budgets.
- Conduct scenario planning and sensitivity analysis.

2. Manufacturing Cost Control:

- Analyze Budget vs. Actual performance across manufacturing operations.
- Review production cost trends and identify cost optimization opportunities.
- Analyze manufacturing overheads, including:
- Repairs & Maintenance
- Consumables
- Manpower Costs
- Utilities
- Other Plant Expenses
- Prepare and review detailed utility and manufacturing cost MIS.
- Drive accountability for cost control across functions.

3. Capacity Utilization & Idle Cost Analysis:

- Monitor plant capacity utilization and operational efficiency.
- Calculate and report idle capacity costs and under-absorption of overheads .
- Identify operational inefficiencies impacting product cost and profitability.




- Provide financial insights for capacity and resource optimization.

4. Inventory & Working Capital Management:

- Monitor inventory levels, ageing, slow-moving/non-moving inventory and inventory turns.
- Review inventory valuation and provisioning requirements.
- Support initiatives for inventory optimization and working capital improvement.
- Analyze inventory-related financial impact on business profitability.

5. SBU & Business Performance Analysis:

- Analyze business performance by product, customer, geography, country and SBU .
- Monitor revenue, volume, gross margin, contribution margin and profitability trends.
- Prepare actionable financial insights for business leadership.
- Support monthly business reviews and management presentations.

6. Pricing & Margin Management:

- Analyze product-wise and market-wise pricing trends.
- Monitor gross margin and contribution margin movements.
- Support pricing decisions and profitability improvement initiatives.
- Evaluate the financial impact of pricing, volume, product mix and cost changes.

7. Profitability Analysis:

- Prepare customer-wise, country-wise, product-wise and SBU-wise profitability analysis .
- Identify key profitability drivers and improvement opportunities.
- Support product portfolio optimization.
- Conduct financial evaluation of new products, customers and markets.

8. Selling & Marketing Cost Management:

- Monitor selling and marketing expenditure against approved budgets.
- Conduct Budget vs. Actual analysis.
- Identify cost optimization opportunities while supporting business growth.
- Provide financial insights to sales and marketing teams.

9. R&D; Cost Monitoring:

- Track project-wise R&D; expenditure.
- Monitor R&D; budgets and utilization.




- Allocate costs to relevant projects/business segments.
- Support project profitability and investment analysis.

10. Fixed Assets, Capex & SAP:

- Ensure accurate capitalization of fixed assets in SAP.
- Review depreciation accounting and related controls.
- Monitor Capex against approved budgets.
- Support post-investment reviews and assess financial returns on major investments.
- Ensure accuracy and integrity of relevant SAP FI/CO transactions and reports.

11. Management Reporting & MIS:

- Prepare monthly Manufacturing, SBU and Business Finance MIS .
- Develop dashboards and management reports covering:
- Revenue & Volume
- Manufacturing Cost
- Gross & Contribution Margin
- Inventory & Working Capital
- Capacity Utilization
- Overheads
- Selling & Marketing Expenses
- SBU Profitability
- Provide variance analysis and actionable recommendations to management.
- Support monthly/quarterly business review presentations.

Key Deliverables:

- Accurate and timely manufacturing, R&D; and SBU budgets and forecasts .
- Effective manufacturing cost and overhead control.
- Detailed product/customer/country/SBU profitability analysis .
- Pricing and margin improvement insights.
- Capacity utilization and idle-cost analysis.
- Inventory and working capital optimization.
- Accurate management MIS and variance reporting.
- Effective financial business partnering with plant and commercial teams.
- Improved cost efficiency and overall business profitability.

Key Competencies:

- Strong Manufacturing & Business Finance expertise.
- Budgeting, forecasting and FP&A; capabilities.
- Strong understanding of plant costing and cost accounting .
- Commercial finance and profitability analysis.
- Pricing and margin management.
- Inventory and working capital management.
- Strong analytical and financial modelling skills.
- SAP FI/CO and advanced MS Excel proficiency.
- Excellent MIS and management presentation skills.
- Strong stakeholder management and business partnering abilities.
- Problem-solving and decision-making skills.
- Ability to work effectively with cross-functional teams.

📌 Assistant Manager - Manufacturing / SBU Finance (BFG) (Mumbai)
🏢 Umedica Laboratories Private
📍 Mumbai