Role & responsibilities

1. Plant Financial Management & Reporting

- Lead monthly, quarterly, and annual financial closing for the plant.
- Deliver accurate P&L;, balance sheet, variance analyses, and KPI reporting.
- Own plant-level forecasting, budgeting, and long-range planning.
- Monitor working capital (inventory, payables, receivables) and drive improvements.

2. Cost Accounting & BOM/Process Controls

- Oversee standard costing, absorption costing, and variance analysis (PPV, labor, overhead, yield, scrap).
- Validate and continuously improve cost accuracy for:
- PCBA manufacturing
- Power module assembly
- Inverter system assembly
- Testing & calibration processes

- Conduct periodic BOM reviews in collaboration with engineering and supply chain.
- Ensure accurate routing, cycle times, machine hours, and labor standards.

3. Manufacturing Performance & Operational Support

- Partner with plant head and operations team to analyze:
- OEE, throughput, and capacity utilization
- Material consumption variances
- Scrap, rework, warranty, and quality cost trends

- Identify cost-saving and productivity improvement opportunities.
- Support lean manufacturing and continuous improvement (Kaizen, Six Sigma).

4. Capital Expenditure & Project Finance

- Manage financial evaluation of capex projects: automation, line expansions, test equipment, SMT lines, etc.
- Conduct ROI, NPV, payback analysis and post-implementation reviews.




- Monitor capital budgets and track assets through completion.

5. Inventory Management & Controls

- Ensure robust inventory valuation, cycle counts, and physical stock audits.
- Strengthen internal controls around warehousing, WIP tracking, component consumption, and scrap disposal.
- Work with supply chain to optimize safety stocks and procurement planning.

6. Compliance, Audit & Risk Management

- Ensure compliance with accounting standards, internal policies, statutory requirements, and plant-level SOPs.
- Coordinate with internal/external auditors for plant finance audits.
- Maintain strong controls around procurement, material movements, and production reporting.

7. Leadership & Stakeholder Collaboration

- Lead and develop the plant finance team.
- Act as financial business partner to plant head, engineering, supply chain, and quality managers.

Provide financial insights to support strategic decisions.

Preferred candidate profile

- CA / CMA / MBA (Finance) or equivalent.
- 1015+ years of finance experience, with at least 5+ years in plant/manufacturing finance.
- Experience in electronics, power electronics, or inverter/solar/EMS/PCBA manufacturing preferred.
- Strong command of SAP/Oracle/Microsoft Dynamics or similar ERP systems.
- Expertise in cost accounting and manufacturing controls.
- Robust analytical, communication, and leadership skills.

📌 Plant Finance-Urgent Requirement in Baddi Plant (Nalagarh)
🏢 OKAYA
📍 Nalagarh