CA/ICWA, 5-10 yrs PQE, Sr Manager Plant Finance Role, Nashik at Manufacturing Major, Nasik

  • 5 - 10 Years
  • Not Mentioned
  • nasik
  • permanent
  • Chartered Accountant,Cost Accountant
  • Auto/Auto Ancillary
  • Location- Nashik Plant

    CA- 1st/ 2nd attempt

    ICWA- 1st attempt



    Senior Manager Accounts

    Position Title

    M3 – Plant Accounts



    Level / Grade


    Reporting To

    Direct: GM – Plant Finance




    Key Purpose of the Job (Position Summary)

    This position is responsible for overseeing the entire Finance and Accounts activities at the plant. The position shall be responsible for ensuring up to date and accurate maintenance of plant accounts, ensuring all statutory compliances, and  ensuring appropriate internal controls , proper working capital management, and overseeing the  payroll management, and accounts payable function at the Plant.. The position is also responsible for providing decision support on financial analysis and cost savings to the Plant Head.



    ·         Financial planning and budgetary control at the Plant

    ·         Timely and accurate  accounting and closure of Plant Accounts

    ·         Working capital management for the plant

    ·         Adherence to all statutory compliance for the plant

    ·         Ensure timely and accurate update on SAP

    ·         Timely and accurate payments to all employees and vendors

    ·         Fixed Asset Management at the plant

    ·         Adherence to internal audit requirements



    Accounting & MIS


    ·         Oversee and ensure timely closing of monthly and annual accounts for the plant

    ·         Ensure compliance of all applicable accounting policies and standards

    ·         Ensure compliance with all internal control policies and procedures of the company

    ·         Ensure timely generation and authenticity of monthly MIS Reports and its timely submission

    ·         Ensure appropriate Fixed Asset accounting and management in compliance with the company’s Fixed Asset Policy and the accounting standards

    ·         Manage the statutory audit processes in the Plant and ensure no non compliances

     Budgeting & Cost Control


    ·         Oversee the preparation of the monthly and annual budgets for the plant and ensure finalization of the same in consultation with the Plant Head

    ·         Review the budget versus actuals and highlight any discrepancies to the Plant Head

    ·         Coordinate, control and monitor the fixed and variable cost and fixed assets at the Plant

    ·         Conduct daily and monthly detailed variance analysis on conversion cost and investigate for resolution

    ·         Monitor inventory costing and price variance on a regular basis

    ·         Proactively scrutinise and identify potential for cost savings

    ·         Provide decision support on all financial analysis and  cost saving as required

    Capex Management


    ·         Review all the Capital Investment proposals for the plant and provide recommendations on the approval of the same

    ·         Track all Capex project related expenses and monitor utilization of budgets

    ·         Compare projected savings or ROI v/s actual and control Capex expenditure at the plant in consultation with the Head – Finance

    Fund Management & Control


    ·         Ensure effective utilization of funds at plant level

    ·         Ensure timely and correct payments to all vendors in alignment with the company’s policies

    ·         Ensure timely and accurate payroll processing and payments

    ·         Ensure smooth cash flow management at the plant

    Working Capital Management


    ·         Preparation and finalization of working capital forecasts in coordination with other department heads at the plant

    ·         Ensure accurate accounting of inventory (raw material, work in-process, waste and finished goods) for managing future forecasting and working capital management

    ·         Work with other departmental heads and the Plant Head towards optimization of working capital

    Statutory Compliance


    ·         Ensure compliance with all statutory provisions w.r.t Income tax, Commercial Taxes, Excise, P.F, Bonus, Gratuity & Companies Act and other relevant regulations.

    ·         Ensure compliance to the schedule of payment for  Income Tax (TDS, TCS), Sales Tax (MVAT), Service Tax, Excise Duty, PF Challan , ESIC Challan, PT Challan

    ·         Maintain fixed assets register as per the Indian Accounting Standard and IFRS

    ·         Liaison with various Statutory Bodies and Government Officials for various Sanctions and Permissions

    ·         Ensure compliance to the internal audit report and respond to any queries raised

    People Management


    ·         Manage performance of the team and ensure that team is working in line with organizational value system

    ·         Ensure team is adequately trained and proactively work  with HR at capability enhancement of team

    ·         Conduct effective performance appraisals for the team and provide regular feedback


    Education and Experience Required


    ICWA / CA


    Atleast 5-10 years’ experience in Plant accounts


Employer Profile :

  • Manufacturing Major, nasik