Key Responsibilities
- Overall responsibility for plant finance and accounting operations;
- Preparation and analysis of monthly MIS, P&L, and variance reports;
- Product costing, standard costing, and cost variance analysis;
- Budgeting, forecasting, and control of plant OPEX & CAPEX;
- Inventory accounting, valuation, and reconciliation;
- Fixed asset accounting and capitalization;
- GST, statutory compliance, and audit coordination;
- Strengthening internal controls and adherence to SOPs;
- ERP/SAP handling for plant finance processes;
- Leading and mentoring the plant finance team;
- Financial support to Plant Head for operational decision-making;
Skills Required
- Strong understanding of manufacturing and cost accounting
- Hands-on experience in plant/works accounting
- Good analytical, communication, and stakeholder management skills
- ERP/SAP or similar system experience preferred
Experience Required
- Minimum 10–15 years accounting experience of Fertilizer or Cement Industry
- Prior experience in Fertilizer, Cement or Chemical industries is mandatory
- Exposure to large-scale industrial procurement environments will be an added advantage
- Qualification
- Bachelor’s degree in Accounting, Finance, Commerce, or a related field
- Professional certifications such as:
- CA (Chartered Accountant)
- CPA (Certified Public Accountant)
- ACCA
- CMA (Certified Management Accountant)
- Master’s degree (MBA in Finance or M.Com) – often preferred
Company
Madhya Bharat Agro Products Limited (MBAPL), incorporated in 1997 and acquired by the Ostwal Group in 2004, began its journey with a 60,000 MTPA SSP plant in Sagar, Madhya Pradesh. Over the years, the company expanded its product line to include DAP/NPK complex fertilizers, SSP, GSSP, BRP, Sulphuric Acid, Phosphoric Acid. It achieved key milestones such as backward integration of acid plants in 2016 and NSE Main Board listing in 2019. With recent expansion into Dhule, Maharashtra, and continuous capacity enhancement, MBAPL has evolved into a fully integrated, ISO-certified agri-input manufacturer committed to sustainable growth and national self-reliance.