Deputy Manager Finance ( Female) - Manufacturing Industry Job in Gennext India Private Limited

Roles and Responsibilities

BASIC FUNCTION :

This position will be responsible for completing activities applicable toproduct costing, capital budget preparation, operational variance analysis, annual operating plan development, internal compliance and control reviews and cost improvement analysis. Development of long-term manufacturing plans for the site and identifying value optimization opportunities is a key deliverable.

1. Administer and improve thecost accounting and control systemfor production and product development which among other includes;

A. Collecting & analyzing data to determine costs of business activity such as raw materials, labour, utilities and other operating expenses.

B. Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost

C. Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs

D. Managing cost audits

E. Making estimates of new and proposed product costs

2. Responsible forcoordinating the annual budgeting, financial planningfor the business with ownership till its final approval. Responsible for the monthly financial projections with precision. Key player in the strategic planning and other business planning processes.

3. Responsible forpreparation and analysis of Plant Management Information reportswith suitable recommendations and drive visibility on status of action items. Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.

4. Driving and representation ofCapital Planningprocess for Capital Projects of future years in close coordination with cross functional inputs. Assistance to plant controller and other authorities on overall annual capital plan preparation, tracking status and completion. Presentation of capital plan to senior management and periodic reviews.

5. Responsible for evaluation ofProposals for Capital Expenditureand monitoring expensesassociated with all Capital Projects. Actively coordinating with accounting team on expenses required to be capitalized in line with existing Accounting norms.

6. DemonstratingBusiness Partneringabilities. Initiating/participating ideas for cost saving or continuous improvement of business systems/processes from a quality and productivity perspective. Use bench marking and best practice information to gain perspective. Initiate & participate IT automation initiatives for continuous improvement of processes.

7. Involvement in day to day production activities andworking closely with production teamto explore the financial impacts of the proposed activities / modifications. Contributing with ideas or initiatives leading to improvement in Cost Efficiency.

8. Responsible for maintaining and enhancing the system ofinternal controlsfor the business. Use feedback from internal and external auditors to improve on internal control weaknesses. Ensure periodic physical verification of inventory & Fixed Assets.