Luminous Power Technologies (P) Ltd

Position: R&D; and Purchasing Controller

Department: Finance

Reporting To: VP - Finance

Location: Gurugram, HR

Role Purpose The role requires the incumbent to own Purchasing & R&D; Controlling. The person will act as a financial business partner to Purchase Team and simultaneously be responsible for R&D; Controlling and would ensure financial discipline, cost governance, compliance, accounting and value optimisation.

Key Responsibilities:

R&D; Controlling & Accounting:

- Preparation of Annual Operating Plan (AOP) for Business Units
- Financial Outlook and forecast/ Projections on Quarterly basis
- Sales, Opex, Margin working, Cash flow, understanding and analysis, etc.
- Month end closing process for financial reporting, preparation of monthly Financials and reports (i.e. P&L; a/c, project profitability etc. with income & expenses analysis and ownership for Balance Sheet) in ERP set-up (SAP S4-HANA)
- MIS & Reporting for monthly, Quarterly and Annual periods
- R&D; Accounting (Opex & Capex).
- Business Productivity analysis for continuous improvements.
- Review and control of marketing expenses/service Expenses including warranty/ replacement cost.

Purchase Controlling:

- Budgeting and Cost Planning: Budgets, Cost assumptions & Savings projections.
- Cost Control and Price Benchmarking:
- Develop cost models for: materials, Components, Contract Manufacturing.
- Conduct: Price benchmarking, Should-cost analysis,



Market trend analysis

- Establish financial controls and governance over procurement processes.
- Compliance with: DOA, Budget approval, Opex controls.
- Act as Finance Business Partner to Purchase team for Cost negotiations, evaluation of vendors, Strategic sourcing decisions & vendor negotiations for Vendor Financial Evaluation: Financials & credit Risk, credit limit, payments.
- Contract and Commercial Risk Management: Review commercial terms in different types of contracts.
- Procurement MIS and Analytics: Procurement Dashboard, spend and variance analysis & monthly procurement performance reports to leadership.
- Compliance and Audit Support: Support Internal controls, Audits & ensuring purchase SOPs in place.
- Cross-functional Coordination: Work closely with Production, R&D;, Quality, Projects & Finance.
- Digital literacy: Valuable command on SAP S4/HANA, MS-Office: MS Excel, MS PPT, Power BI. Knowledge of AI and its application will be added advantage.
- Compliance & Audit SOP & COA management, Handling Internal Audit, Stat Audit, Physical stock verification with External Auditors on periodic basis.

Required Qualifications

- Chartered Accountant (CA) / Cost Accountant (CMA) Preferred

OR
- MBA (Finance) with strong procurement finance exposure

Experience Requirements

- 4-6+ years of experience in Manufacturing finance / Procurement finance / Supply chain finance.

📌 R&D and Purchasing Controller (Gurugram)
🏢 Luminous Power Technologies
📍 Gurugram