Business Finance Controller

Leading Healthcare Manufacturing Organisation; Chennai; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Leading Healthcare Manufacturing Organisation in Chennai seeks an experienced Business Finance Controller with a strong background in MIS, SAP, business finance and financial planning within a manufacturing environment. The ideal candidate should have expertise in financial analysis, budgeting, cost control, working capital management and business partnering.

The role involves preparing the AOP, conducting variance analysis across products and regions, and delivering actionable insights to

Qualifications

• 8-15 years of experience in business finance, plant finance or financial controlling.
• Prior experience in a manufacturing organisation is essential.
• Strong hands-on experience in SAP and MIS reporting.
• Good understanding of budgeting, costing, working capital and financial analysis.
• Strong analytical, communication and stakeholder management skills.
• Ability to work closely with business leaders and drive financial performance.

Responsibilities

• Prepare the Annual Operating Plan (AOP) and monthly MIS in coordination with Business Unit Heads and functional teams.
• Analyse business performance across products, segments, regions, territories, customers and sales/service operations.
• Provide financial insights and business recommendations to leadership for profitable growth.
• Monitor operating expenses and other costs in line with revenue and budget targets.
• Prepare pricing calculations, dealer/distributor incentive schemes and tender costing.
• Manage working capital, including accounts receivable, deposits, inventory and accounts payable.
• Coordinate with credit control teams to improve collections, manage receivables, EMDs and Bank Guarantees, and maintain targeted DSO.
• Work closely with plant finance teams to monitor manufacturing costs, COGS, product costing and inventory.
• Support business teams in commercial negotiations with principals, distributors and other stakeholders.
• Monitor business profitability, EBDT and cash flow performance against AOP targets.
• Prepare and maintain divisional cash flow statements and drive free cash flow improvements.
• Ensure accuracy and timely submission of MIS reports in accordance with financial policies and processes.
• Coordinate with internal and statutory auditors and ensure timely availability of required documentation.
• Identify financial risks and provide timely inputs to business leadership and senior management.
• Recommend opportunities for improved pricing, cost optimisation and operational efficiency.

Skills

MIS Reporting

Management Reporting

AOP & Budgeting

Financial Analysis

Business Controlling

Product Costing

COGS

Working Capital Management

Cash Flow Management

Pricing & Tender Costing

Manufacturing Finance

Cost Control

Tools

SAP (SAP FICO)

Job description

Experience: 8-15 Years
Location: Chennai
Industry: Manufacturing / Healthcare / Medical Equipment

Job Summary:

We are looking for an experienced Business Finance Controller with a strong background in MIS, SAP, business finance and financial planning within a manufacturing environment. The ideal candidate should have expertise in financial analysis, budgeting, cost control, working capital management and business partnering.

Key Responsibilities:

• Prepare the Annual Operating Plan (AOP) and monthly MIS in coordination with Business Unit Heads and functional teams.
• Analyse business performance across products, segments, regions, territories, customers and sales/service operations.
• Provide financial insights and business recommendations to leadership for profitable growth.
• Monitor operating expenses and other costs in line with revenue and budget targets.
• Prepare pricing calculations, dealer/distributor incentive schemes and tender costing.
• Manage working capital, including accounts receivable, deposits, inventory and accounts payable.
• Coordinate with credit control teams to improve collections, manage receivables, EMDs and Bank Guarantees, and maintain targeted DSO.
• Work closely with plant finance teams to monitor manufacturing costs, COGS, product costing and inventory.
• Support business teams in commercial negotiations with principals, distributors and other stakeholders.
• Monitor business profitability, EBDT and cash flow performance against AOP targets.
• Prepare and maintain divisional cash flow statements and drive free cash flow improvements.
• Ensure accuracy and timely submission of MIS reports in accordance with financial policies and processes.
• Coordinate with internal and statutory auditors and ensure timely availability of required documentation.
• Identify financial risks and provide timely inputs to business leadership and senior management.
• Recommend opportunities for improved pricing, cost optimisation and operational efficiency.

Required Skills:

• Business Finance & Financial Planning
• MIS Reporting & Management Reporting
• SAP (SAP FICO preferred)
• Annual Operating Plan (AOP) & Budgeting
• Financial Analysis & Business Controlling
• Product Costing & COGS
• Working Capital Management
• Cash Flow Management
• Pricing & Tender Costing
• Manufacturing Finance
• Cost Control & Profitability Analysis

Candidate Profile:

• 810 years of relevant experience in Business Finance / Plant Finance / Financial Controlling.
• Prior experience in a manufacturing organisation is essential.
• Strong hands-on experience in SAP and MIS reporting.
• Good understanding of budgeting, costing, working capital and financial analysis.
• Strong analytical, communication and stakeholder management skills.
• Ability to work closely with business leaders and drive financial performance.