The Plant Controller is responsible for overseeing financial governance, cost control, inventory management, procurement review, compliance monitoring, CAPEX accounting, and plant-level financial reporting. The role ensures solid internal controls, accurate financial accounting, regulatory compliance, and operational efficiency while supporting plant management in achieving business objectives.

Key Responsibilities

1. Procurement & Purchase Control

- Review and approve Purchase Orders (POs) for all CAPEX, OPEX, procurement, and service-related requirements.
- Conduct monthly reviews of purchase registers, focusing on:
- Average purchase prices
- Procurement volumes
- Vehicle movement analysis

- Review quality reports and analyze deviations between standard and actual output, including deductions, losses, and quality-related variances.
- Ensure adherence to procurement policies and approval matrices.

2. Inventory Management & Control

- Participate in quarterly physical stock verification (PSV) of raw materials, packing materials, and finished goods.
- Conduct surprise verification of stores inventory and monitor inventory accuracy.
- Review storage locations within and outside the plant premises for compliance and control.
- Monitor inventory ageing and recommend corrective actions for slow-moving or obsolete stock.
- Verify alignment between physical inventory locations and SAP records.
- Review tank and silo cleaning activities and assess inventory impact.
- Monitor ATGS reports and reconcile oil movements across storage tanks.
- Ensure adequate insurance coverage for inventory.
- Coordinate quarterly stock audits and annual asset verification, including variance analysis and corrective actions.

3. Expense Management & Cost Control

- Review monthly consumption booking of stores, chemicals, packing materials, and other consumables.
- Analyze monthly expense trends and identify cost optimization opportunities.




- Coordinate and review monthly provisions and expense accounting in SAP.
- Monitor cost center allocations and ensure accurate expense booking.
- Support budget monitoring through variance analysis of actual expenses versus budget.

4. Compliance & Internal Controls

- Maintain custody and review of all commercial and service agreements.
- Ensure compliance with Delegation of Authority (DOA) and internal control requirements.
- Drive adherence to corporate policies, statutory regulations, and financial governance standards.
- Prepare and submit monthly reports to Corporate Finance highlighting key risks, observations, and control measures.

5. Payables & Vendor Management

- Review and approve service-related documents for submission to the Shared Services/Data Collection Center.
- Coordinate with business teams for resolution of discrepancies in vendor documentation.
- Monitor and review open GR/IR balances, vendor advances, and outstanding liabilities.
- Ensure timely processing and accounting of vendor transactions.

6. Capital Expenditure (CAPEX) Management

- Review insurance adequacy for CAPEX projects.
- Monitor GST credit reversals and tax compliance related to capital projects.
- Review project inventory utilization and material issuance.
- Ensure correct accounting and capitalization of expenses incurred during project implementation and trial runs.
- Coordinate periodic fixed asset verification exercises.
- Monitor idle assets, underutilized machinery, and capital efficiency.
- Support CAPEX budgeting, project tracking, and capitalization processes.

7.



Taxation & Regulatory Support

- Coordinate with plant and corporate tax teams for GST reconciliation and mismatch resolution.
- Liaise with tax authorities and support statutory compliance requirements.
- Ensure timely availability of documentation for tax assessments and audits.

8. Audit & Business Support

- Support statutory, internal, cost, bank, and management audits.
- Assist in plant certifications, critical vendor payments, and business compliance requirements.
- Coordinate with Head Office for plant-related accounting and reporting issues.
- Participate in SAP enhancement projects and process improvement initiatives.
- Support plant management with cost analytics, expense monitoring, and management reporting through SAP/BW platforms.

Education

- CA / CMA (ICWA) preferred
- MBA (Finance) from a reputed institute may also be considered

Experience

- 8-15 years of experience in Plant Finance, Costing, Controlling, Manufacturing Accounting, or Factory Finance.
- Experience in manufacturing industries such as Edible Oil, FMCG, Chemicals, Food Processing, Metals, or Process Industries is preferred.

Key Skills

- Plant Finance & Controlling
- Cost Accounting & Budgeting
- Inventory Management & Stock Controls
- CAPEX Accounting & Fixed Assets
- GST & Tax Compliance
- SAP (FI/CO/MM preferred)
- Internal Controls & Audit Management
- MIS Reporting & Financial Analysis
- Vendor & Payables Management
- Business Partnering and Stakeholder Management

Key Performance Indicators (KPIs)

- Inventory accuracy and variance control
- Budget adherence and cost optimization
- Timely closure of monthly accounts
- Reduction in aged inventory and open GR/IR items
- Audit compliance and closure of observations
- Accuracy of provisions and financial reporting
- Effective CAPEX tracking and capitalization
- Compliance with DOA, GST, and corporate policies

📌 Plant Controller (Kadi)
🏢 AWL Agri Business
📍 Kadi