Role & responsibilities

Financial Planning & Reporting
Ensure timely and accurate financial planning, forecasting, and reporting activities for the factory.
Prepare annual budgets and factory target agreements.
Monitor financial performance against budgets and forecasts, highlighting key risks and opportunities.
Conduct variance analysis of KPIs versus budget and forecast, recommending corrective actions.

Profitability & Cost Management
Perform order-wise and product portfolio-wise profitability analysis.
Oversee product costing processes, including standard cost updates and cost variance analysis.
Prepare detailed costing reports and provide insights to improve margins and efficiency.

Accounting & Compliance
Maintain integrity of financial books and records in line with IFRS and internal control guidelines.
Manage month-end closing activities, ensuring accurate revenue and cost recognition.
Handle inventory accounting, reconciliations, and reporting.
Review pricing for incoming orders and initiate credit/debit notes for discrepancies.

Working Capital & Cash Flow Management




Monitor and control working capital, including inventory, payables, and capex.
Support cash flow planning and optimization initiatives.

Project & Asset Management
Track and monitor factory expansion project costs and perform variance analysis.
Conduct periodic review and capitalization of CWIP (Capital Work in Progress).
Support physical verification of fixed assets.

Digitalization & Process Improvement
Drive digitalization and automation initiatives within finance processes.
Identify prospects to improve efficiency, accuracy, and reporting capabilities.

Preferred candidate profile
CA / CMA / MBA (Finance) with experience in manufacturing or plant finance.
Solid knowledge of costing, inventory accounting, and financial planning.
Familiarity with IFRS and ERP systems (SAP preferred).
Robust analytical skills, attention to detail, and stakeholder management.
Proactive with a focus on efficiency and continuous improvement.

📌 Executive /sr Executive Finance South Goa (India)
🏢 Siemens
📍 India