Manager - Plant Finance (Krishna)

Manager - Plant Finance (Krishna)

07 Nov
|
Aniaaz Consulting
|
Krishna

07 Nov

Aniaaz Consulting

Krishna

Job Overview

We are seeking a agile, detail-oriented, and result-driven Manager Plant Finance to oversee financial operations, plant accounting, budgeting, and statutory compliance at our manufacturing unit in Krishna District, Andhra Pradesh.

The ideal candidate will act as a key business partner to plant management, ensuring robust financial controls, accurate books closure, effective cost optimization, and full regulatory compliance. Prior experience in the manufacturing sector—specifically in the Cement industry—is highly preferred.

Key Roles & Responsibilities

1. Plant Accounting & Financial Management

- Oversee day-to-day plant accounting operations, monthly books closure, provisions, accrual entries, and general ledger scrutiny.
- Review the trial balance, Advances, and GR/IR ledgers regularly to clear long-pending items and strengthen internal controls.
- Prepare and compile schedules, Notes to Accounts, and financial statements for year-end closures and statutory disclosures.
- Manage project capitalization, inventory physical verifications, asset accounting, and insurance claims management.

1. Financial Planning, Budgeting & Costing

- Drive annual budgeting, rolling forecasts, long-term financial planning, and CAPEX planning for plant operations.
- Execute monthly plant costing procedures, prepare Cost Sheets, and perform detailed Cost Variance Analysis (including daily/monthly Variable Cost Statements).
- Analyze revenue and cost variances, identify operational inefficiencies, and provide actionable insights to plant leadership for cost optimization.

1. Commercial & Vendor Management

- Verify and process vendor, supplier, and service provider bills (Raw Materials, Stores & Spares, Cement Freight,



Contractor/Workmen bills) against agreed terms, rates, TDS, and GST parameters.
- Perform periodic customer and vendor balance confirmations, including detailed supplier account reconciliations.

1. Statutory Compliance & Taxation

- Ensure strict compliance with direct and indirect taxation laws, including monthly GST statement preparation, filing, and TDS/TCS remittances and returns.
- Oversee statutory payments and compliance related to Provident Fund (PF), EDLI, Professional Tax, and contract labor laws.
- Maintain Provident Fund Trust books of accounts (if applicable) and coordinate with regulatory bodies like the EPFO.

1. Audit & Business Governance

- Coordinate seamlessly with internal, external, cost, and tax auditors to ensure timely audit completion and resolution of audit observations.
- Partner cross-functionally with plant teams (Operations, Supply Chain, Procurement, Stores) to maintain smooth operational workflows and uphold strict internal financial controls.

Key Requirements & Qualifications Education: Qualified Chartered Accountant (CA) is mandatory.

Experience: 3 to 5 years of post-qualification experience in plant finance and accounting within the manufacturing domain.

Industry Preference: Direct experience in Cement manufacturing plants or continuous-process heavy manufacturing is highly preferred.

Technical Proficiency:

- Hands-on working knowledge of SAP ERP (FICO/MM/SD modules).
- Advanced MS Excel and PowerPoint skills.

Language Proficiency: Fluency in English and Telugu is essential for local site coordination. Soft Skills: Strong analytical capabilities, excellent communication skills, ability to work under pressure, and strong business acumen.

📌 Manager - Plant Finance (Krishna)
🏢 Aniaaz Consulting
📍 Krishna

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