Manager – Materials & Financial Control (Karur)

Manager – Materials & Financial Control (Karur)

11 Sep
|
Tracon Export Services
|
Karur

11 Sep

Tracon Export Services

Karur

Key Responsibilities

1. Material & Inventory Control

- Oversee receipt, identification, storage, issue and return of fabrics, trims, accessories, packing materials and other production materials.
- Ensure proper lot/taka-wise traceability and inventory records.
- Monitor physical stock vs. system stock and investigate variances.
- Establish controls for excess, shortage, damaged, rejected and slow-moving materials.
- Ensure proper material issuance against approved production requirements.

2. Fabric Consumption & Cost Control

- Monitor standard/calculated consumption vs. actual consumption by SKU/order.
- Analyse fabric wastage, end bits, process losses and abnormal consumption.
- Establish effective controls for fabric utilisation from receipt through cutting and production.
- Review material yield and identify opportunities for reducing wastage and cost.
- Prepare regular material variance and consumption reports for management.

3. Production Reconciliation

- Monitor reconciliation of:

Order Qty → Material Issued → Cut Qty → Stitched Qty → Finished Qty → Packed Qty → Dispatch Qty

- Identify and investigate quantity variances at each stage.
- Ensure WIP and finished-goods quantities are properly accounted for.

4. Stores & Material Systems

- Strengthen stores procedures, documentation and stock controls.
- Ensure timely material availability to prevent production stoppages.
- Monitor material issues and unused-material returns.




- Establish appropriate approval levels and documentation for material movements.
- Coordinate with IT/WFX team to improve system-based material tracking and reduce duplicate manual entries.

5. Financial & Cost Controls

- Monitor factory material costs and production-related expenses.
- Analyse material price/quantity variances and their impact on product cost.
- Work with Finance to ensure accurate inventory valuation and reconciliation.
- Review production losses, wastage and other cost leakages.
- Support preparation of factory budgets, cost estimates and cost-saving initiatives.

6. MIS & Management Reporting Develop and maintain regular MIS covering:

- Material receipt and consumption
- Stock position
- Material variance
- Fabric wastage/end bits
- Production reconciliation
- WIP
- Finished goods
- Inventory ageing
- Cost variance
- Material availability
- Major financial/material leakages

Provide management with exception-based reporting and early warning of potential losses or variances. 7. Internal Controls & Audit

- Establish and monitor internal controls across Stores, Production and Finance.
- Conduct periodic physical stock verification.
- Investigate discrepancies and recommend corrective action.
- Ensure proper documentation and approval for material movements and adjustments.
- Support internal, customer and statutory audits as required.

Pay: ₹400,000.00 - ₹600,000.00 per year

Advantages

- Health insurance
- Paid time off
- Provident Fund

Work Location: In person

📌 Manager – Materials & Financial Control (Karur)
🏢 Tracon Export Services
📍 Karur

Reply to this offer

Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.

Subscribe to this job alert:

Get the latest job offers by email for: manager – materials & financial control (karur) / karur