JOB PURPOSE The role supports management in planning, monitoring, and improving the financial performance of the business. The incumbent will own the numbers behind budgets, forecasts, costing, and monthly MIS, and turn plant, mine, project, and business data into transparent insights on cost, profitability, and performance drivers. The focus is on accurate, timely reporting that helps leadership make better decisions on cost control, product mix, pricing, and resource allocation.

KEY RESPONSIBILITIES

1. Annual Business Planning (ABP) and Budgeting

- Coordinate the annual budget cycle with Operations, Production, Sales, Procurement, HR, and Admin, including timelines, templates, and follow-ups.
- Build plant-wise, product-wise, and cost-centre-wise budgets for volumes, revenue, raw material, power, labour, overheads, and logistics.
- Consolidate inputs into a budgeted P&L;, cost sheets, and capex/opex summaries, and prepare budget review presentations for management.

2. Cost and Profitability Analysis

- Prepare product-, plant-, mine-, project-, and location-wise cost or Profit Centre wise P&L; along with customer/segment-wise contribution analysis.
- Track per-unit costs (per MT / per unit) for raw material, power and fuel, labour, consumables, repairs and maintenance, packing, and freight.
- Prepare a

3. MIS and Management Dashboards

- Prepare the monthly management MIS (Sales, Production, Inventory Ageing, Inventory Valuation).
- Build and maintain Excel-based dashboards for management, plant heads, and department heads.
- Ensure reports are consistent, easy to read, and focused on what needs attention.

4. KPI and Business Performance Tracking

- Define and track operational and financial KPIs such as production volume, capacity utilisation, cost per unit, contribution margin, EBITDA, working capital days, and inventory levels.
- Highlight adverse trends and follow up with process owners on action plans.

5.



Business Partnering with Operations and Functions

- Work closely with plant, production and procurement teams to understand the costs are incurred and what drives them.

6. Automation and Process Improvement

- Automate recurring MIS and Excel reports to reduce manual effort and turnaround time.
- Standardise templates, data formats, and reporting calendars across plants and departments.
- Suggest improvements in data capture from ERP and operational systems for better reporting.

KEY DELIVERABLES / KPIS

Budgeting

Annual budget (ABP) completed and consolidated within the approved timeline

MIS

Monthly MIS.

Variance Analysis

All material variances explained with root cause and action points

Costing

Updated product / plant / mine / project-wise cost sheets every month

Cost Reduction

Number and value of cost-saving opportunities identified and tracked

Automation

Reduction in manual reporting effort / turnaround time for recurring reports

REQUIRED QUALIFICATIONS

- CMA (Final / Qualified), MBA (Finance), CA Inter, or an equivalent professional finance qualification.
- A graduate degree in Commerce (B.Com) or a related discipline is preferred.

REQUIRED EXPERIENCE

- 12 years of relevant experience in FP&A;, costing, budgeting, MIS, or financial analysis.
- Preferably 12 years in the Mining or Real Estate industry; candidates from other manufacturing or process industries.
- Experience in preparing monthly MIS and variance analysis is essential.

PREFERRED SKILLS / ADDED ADVANTAGE

- Prior experience in a Mining, Minerals, or Real Estate organisation, particularly in plant/mine-level costing or project-level cost and cash flow tracking.
- Hands-on experience with Power BI or similar dashboard tools.
- Exposure to Power Query, Power Pivot, or Excel macros/VBA for automation.
- Involvement in cost audit, cost records, or standard costing implementation.
- Experience with capex evaluation (NPV, IRR, payback) and business case preparation.

📌 Financial Planning Officer (Jaipur)
🏢 Udaipur Mineral Development Syndicate
📍 Jaipur