Factory Finance Manager

Job Description

Job Description: Role : Supply Finance Manager - Commercial Location : Hyderabad Job Purpose Responsible for planning, directing and monitoring the activities related to the company's costs systems and analysis of product costs (Prime Cost) including details for raw materials and packaging materials. Responsible for managing the governance / control, analysis and planning of Prime Cost (RM/PM) What are we looking for? 1. Directly co-pilots commercial team on prime cost management at factory. 2. Owns design and implementation of process and governance at factory. 3. Expected to manage data and comply with process, internal controls, and ensure compliance with accounting principles with a strong understanding around systems (SAP) 4. Special projects What will be your key responsibilities? Serve as the Finance Co-pilot to the Commercial Director and factory management team providing financial advice to ensure sound financial and operational decisions. Support strategy and implementation, developing and evaluating longer term strategies, forecasts and investment plans. Manage the processes of the Factory financial shaping and financial forecasting, analysis, management accounting and reporting. Including identifying business issues and opportunities and making recommendations for future actions. Provide reliable and timely financial data to key stakeholders to support the decision-making process. Improve, and ensure compliance with internal processes and implement necessary control procedures to ensure achievement of factory business and company objectives. Instill strong cost control and planning discipline to assist commercial team in controlling Prime Cost. Working on FA / AP / CO module in SAP for the manufacturing site. Manage the processes of product costing, intercompany transfer price calculation. Tracking and reporting of periodic Commercial spends. Supporting preparation of business case for new product initiatives. Lead and manage the monthly and annual book closing process. Managing and controlling the inventory process for the factory. Support the central S&F Team during statutory and tax audit by providing timely and quality data. Drive DIB (Do it best productivity) initiatives under Prime cost.