Plant Finance Head (Madurai)

Plant Finance Head (Madurai)

14 Sep
|
RANDSTAD INDIA
|
Madurai

14 Sep

RANDSTAD INDIA

Madurai

Key Responsibilities
- Financial Management & MIS: Lead plant GL, AP/AR, costing, and payroll. Ensure Ind-AS compliance, month/quarter/year-end book closures, and accurate SAP records with budget variance reporting.
- Budgeting & Cost Optimization: Monitor CAPEX/OPEX budgets and drive plant-level forecasting. Partner with the Commercial team to negotiate vendor/contract rates and minimize operational costs.
- Costing & Profitability: Oversee standard/actual costing, variance analysis, BOM routing, overhead absorption, yield losses, and contribution margins to drive efficiency.
- Compliance & Audit Management: Manage statutory payments/returns (GST, TDS, PF, ESI), Direct/Indirect tax compliance, and lead statutory, internal, cost, and GST audits.
- Treasury & Working Capital: Optimize plant cash flows, vendor payments, bank relationships, and working capital cycles (inventory, payables, receivables).
- Insurance & Risk: Manage plant insurance coverage (IAR/LOP)



to prevent over/under-coverage and lead insurance claim processes.
- Trust Administration: Serve as Trustee for the Exempted PF Trust and manage trust-related financial administration.
- Leadership & Business Partnering: Mentor the plant finance team and serve as the primary finance link between plant leadership and the CFO/HO.

Key Requirements
- Qualification: Qualified CA or ICWA (CMA).
- Experience: 14–20 years of post-qualification experience with at least 10 years in a senior leadership role within plant finance.
- Industry Focus: Solid exposure to the Manufacturing / Chemical sector (multi-product plant experience strongly preferred).
- Technical Skills: Mandatory expertise in SAP (FI/CO modules), product costing, CAPEX/OPEX management, and treasury.

📌 Plant Finance Head (Madurai)
🏢 RANDSTAD INDIA
📍 Madurai

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