03 Oct
|
Pramod Confectionary And Food Industries
|
Patna
03 Oct
Pramod Confectionary And Food Industries
Patna
ROLE PURPOSE
The Factory Controller is responsible for all financial management, operational accounting, and cost control at the manufacturing facility. This role serves as the plant's chief financial officer, ensuring accurate product costing, BOM integrity, CAPEX governance, inventory management, and financial reporting. The successful candidate will bridge operations and finance, driving cost reduction initiatives, supporting production efficiency improvements, and maintaining robust ERP systems and internal controls.
KEY RESPONSIBILITIES
Product Costing & BOM Management
• Own product Bill of Materials (BOM) integrity; ensure all materials, labor, and overhead are accurately captured in ERP system
• Validate BOM accuracy against engineering specifications; coordinate BOM changes with Engineering, Supply Chain, and Production teams; maintain version control and audit trail
• Lead quarterly/annual BOM audits; identify and eliminate obsolete materials; flag discrepancies between planned vs. actual consumption
• Calculate and maintain standard costs for all products and assemblies; analyze variances (material, labor, overhead) and reconcile to actual production results
• Establish and maintain cost allocation methodologies for shared resources, utilities, and manufacturing overhead; ensure alignment with GAAP and company policy
• Support product margin analysis and costing for current product launches; provide landed cost estimates for procurement and pricing decisions
Capital Expenditure (CAPEX) Planning & Control
• Lead plant-level CAPEX budgeting cycle; consolidate requests from Production, Maintenance, and Engineering; prioritize based on ROI and operational need
• Develop and maintain CAPEX request templates and approval workflows; ensure all requests include business case, cost-advantage analysis, and implementation timeline
• Track CAPEX spend vs. budget; monitor project milestones and financial performance; manage change orders and re-forecasting
• Support asset v
📌 Senior Cost Manager Patna
🏢 Pramod Confectionary And Food Industries
📍 Patna