Bangalore Senior Factory Finance Accountant Karn

Job description

This position is for Lead - Financial planning and Analysis (FPnA) for Indore site, responsible for managing overall financial activities of Unit (like budgeting, MIS reporting etc.) and ensuring adequate controls at site . Additionally, person will be responsible as a business partner for Unit I and III (assisting units for PR, CER and other Financial matters). Key Accountabilities (1/6) FP&A activities for Indore Operations Budget controller at site level (Mfg., quality and Admin) Monthly Reporting of expenses (head wise) Budget preparation activity Trend analysis, data analytics and review of expense G.Ls. Monthly meeting with SLT team for updates Reporting reason/justification for Budget Overrun Key Accountabilities (2/6) Business Partnering with Unit I and III for all relevant support required Evaluation and Approval of Purchase Requisitions (PRs) and Capex Expenditure Requisitions (CERs) Evaluation of Product Transfer Proposal Support and coordination with FSS for Payment Resolution of Vendor’s queries of Invoice booking/payment Coordination for other requirements like Inventory, WIP, Audit etc Key Accountabilities (3/6) Manage Opex Activities and closing activities Provision tracking and controlling every month for accurate reporting. Cost correction and allocation entries. Expense dump tagging and MPR preparation. Support and coordination with CER Support Team for User specific requirements Opex Budget Activities Response to Auditor’s Queries for Capex Key Accountabilities (4/6) Controllership and Compliances for Indore Operations Controllership and Governance on Financial and accounting aspect. Handing Internal audits at site and final closure IFC controls implementation and adherence Adherence to DOA Verification of Measurement sheet on monthly basis to keep control and rigour Key Accountabilities (5/6) Key Accountabilities (6/6) Major Challenges Prioritization of tasks and smooth operations - Overcome by putting in extra work hours & planning Managing complexity, multiple stakeholders - Overcome by solving thing in a structured manner Key Interactions (1/2) Site functional teams e.g. Stores, production, HR, engineering, etc Site Head Central Mfg team Corporate Finance team Legal Team Internal Audit Team IT team Taxation Costing BU finance Capacity Planning Key Interactions (2/2) Statutory Auditors Internal Auditors External vendorsConsultants – Statutory & project related Dimensions (1/2) Dimensions (2/2) Key Decisions (1/2) Month end Opex provisioning Approve Unit level PR and CER as a Business Partner Unit related Payment issues Key Decisions (2/2) Recommendations for > Rs 25 lacs capex proposals Recommendations for budget escalations & key critical spends > Rs 5 lacs opex Education Qualification CA Relevant Work Experience 2-5 years of manufacturing finance experience across different Finance verticals handling similar size operations & complexities Experience with general ledger functions and the month-end/year end close process, Well verse with SAP (Hana) Sound knowledge on regulatory compliance, statutory reporting, Accounting standards, Indirect taxation Managed Opex and Capex related work Worked on MIS reporting. 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