Purpose of the Job
- Conducting financial analysis and providing forward looking management information aimed at improvement of the operational and financial effectiveness of the plant.
- Support the Site Controller to perform controlling, month end closing and reporting activities for the plant.
- Support the functional teams on day-to-day finance questions
- Play a crucial role in the transition of finance and plant controlling activities across key sub-processes with an ability to work in a complex business environment and liaison with multiple stakeholders.
Main responsibilities
- Month end close & reporting – updates/reviews cost accruals, analyses actual results vs budget/PY in production volumes, variable costs, yields, variances, fixed costs as well as OWC and capex. Generate variance analysis with insights on actual site costs development. Develop and maintain budgets monitoring systems/monthly reporting package (standard monthly site report)
- Budget/LV/short term forecasting - supports site controller for financial planning and drive budgeting process for the site; analyzes and contributes to preparation of budget presentation. Coordinate preparation of short-term financial forecasts (costs, capex, FTEs).
- Productivity – monitors plants productivity and analyze process orders.
- Product costing – calculates and reports cost prices. Executes SAP monthly costing run. Advice on bills of materials (BOMs) changes.
- Accounting - Work in close cooperation with accounting team and shared service centers with respect to the registration of financial transactions in the accounting systems and clearing of open GR/IR items. Responsible for financial registration of fixed assets at the site and adherence to functional cost reporting requirements.
- Capex Investments – Monitor budget Vs Actual capex booking against per AR and report budget overruns. Updating monthly and yearly capex forecast.
- Statutory and Internal Audits – Maintain and monitors site procedures with help of functional leads. Responsible for follow-up of the internal audits and external financial audits.
- Inventory – Monitor cycle count and inventory physical verification activity as per instructions and guidelines.
- Prepare recurring and ad hoc reports and analyses for the Business Unit / functions.
- Identify, align, and execute additional activities within the center as necessary.
Education and experience:
- Chartered Accountant/Cost & Management Accountant/MBA (Finance) from a B-School with relevant experience.
Specialized Skills/ Requirements:
- 3 - 7 years of relevant experience in controlling and accounting processes.
- Strong quantitative skills, expert problem-solving abilities, adeptness in the use of logic.
- Results Oriented – Meet deadlines on assignments, make accurate decisions, juggle multiple demands and work with varying levels in the organization
- Experience in SAP, SAP BW and have a working knowledge of networking platforms, analysis & reporting applications.
- Strong working knowledge of Excel and financial modeling
- Experience with root cause analysis, have an analytical mindset, drive continuous improvement and have excellent organizational skills
- Good communication skills with an ability to work and liaison with multiple international stakeholders. International mind-set – sensible for cultural differences.
- Ability to interface with business operational customers, cross functional team and Information Management function and able to deliver on performance expectations.
- Prior exposure of working in a Finance Shared services operations will be an added advantage
