We have been mandated by our client, a leading listed manufacturing company, to identify and onboard a Plant Finance Head for their large manufacturing plants.

They have multiple positions across India. Location will be discussed with shortlisted candidates.

The ideal candidate will be a seasoned finance and commercial leader with experience overseeing finance, commercial, materials and statutory functions at a large manufacturing plant and its associated operating locations. He/She will have a solid grip on cost, working capital and controls, and will bring a track record of building capable teams. He/She will be comfortable working closely with senior management on plant strategy and governance.

KEY RESPONSIBILITIES

Strategy and Planning

- Contribute to plant-level strategy and plan actions for sustainable growth across the plant and its associated locations.
- Develop medium and long-term sourcing plans, including alternate materials and sources, for cost-effective and sustainable operations.
- Lead Enterprise Risk Management, IT security compliance and governance of the plant’s values framework.

Cost Optimisation, Budgeting and Capex:
- Review the annual budget and monitor MIS, KPIs and key value drivers to optimise fixed and variable costs.
- Benchmark performance against group units and industry peers, and drive action plans on adverse deviations.
- Evaluate and recommend capital expenditure proposals aligned to strategic business direction, and review post-investment performance.

Financial and Working Capital Management:




- Ensure financial discipline in line with SOPs and delegation of authority.
- Optimise working capital through inventory targets, fund management and vendor payment planning.
- Review final accounts for audit, strengthen internal controls and ensure adequate insurance coverage and claim recovery.

Materials Management:
- Finalise and implement procurement plans for raw materials, stores, spares and services.
- Negotiate critical spares and services, and develop alternate and long-term sources with the technical team.
- Monitor procurement costs and vendor performance on quality, cost and delivery.

Audit, Legal and Statutory Compliance:
- Coordinate with internal and external auditors and government agencies for approvals, clearances and compliances.
- Ensure timely filing of returns and payment of duties, taxes and statutory dues, and lead resolution of tax disputes.
- Work with advocates and the corporate legal team on legal matters and land documentation.

People, Safety and Sustainability:
- Build a high-performing team through goal setting, feedback, job rotation, multiskilling and succession planning.
- Champion a strong safety culture with a zero-harm target, and drive timely closure of audit findings.
- Drive sustainability initiatives and digitalisation opportunities to reduce manual intervention.

QUALIFICATIONS

- Chartered Accountant with at least 12 years of experience.
- Experience in plant/ unit finance leadership.
- Extensive experience in high value purchase and negotiations.
- Knowledge of land revenue matters, dealings with PSU organisations and govt . offices, statuatory compliances.

📌 Plant Finance Head (Karnataka)
🏢 Shhyfft
📍 Karnataka