Deputy Manager - Plant Finance Controller

Ashirvad Pipes; Hyderabad; On-site; INR 1,800,000 - 2,800,000; Full time

Job summary

Ashirvad Pipes is seeking a Plant Finance Controller to drive financial discipline, cost control, and accurate plant-level reporting. You will oversee inventory governance, production-related controls, and month-end closing while partnering with operations to improve efficiency and reduce costs.

A hands-on role requiring strong analytical skills and SAP expertise. The role emphasizes plant-level financial statements, BOM/routing accuracy, and adherence to internal policies and audit

Qualifications

• CA or ICWAI qualification with strong foundation in cost accounting, financial controls, and manufacturing finance.
• 78 years of handson experience in plant finance, including inventory accounting, production order management, costing, and operational finance.
• SAP proficiency (FICO & PP modules) with practical experience in routings, BOMs, TECO, CWIP, cost centers, and monthend closing activities.
• Strong exposure to statutory/internal audits, risk management, and compliance, with ability to implement corrective process controls at plant level.
• Proven capability in MIS reporting, budgeting, variance analysis, and crossfunctional partnering with plant operations, maintenance, and corporate teams.

Responsibilities

• Ensure timely GRN posting for all domestic and import receipts, including depot stock transfers.
• Monitor manufacturing rejections and scrap; ensure daily and accurate accounting with proper valuation.
• Coordinate periodic perpetual inventory checks; investigate differences and ensure adherence to inventory valuation policies.
• Review Material Planning, Minimum Order Levels, and slowmoving/obsolete stock; drive liquidation actions.
• Validate routing changes, ensure TECO closure, and monitor/close production orders monthly.
• Review production variances, WhyWhy analyses, and adherence to preventive maintenance plans in SAP.
• Validate production master data to avoid incorrect BOM selection; align routing standards with actual usage.
• Approve plant-related purchase requisitions after cost justification; strengthen expense controls via budget reviews.
• Lead monthly cost and performance reviews with plant head and senior management; drive cost-reduction actions.
• Prepare and publish monthly Plant MIS covering conversion cost, overheads, P&L, inventory aging, DIO, and Pegasus savings validation.
• Lead annual budgeting at plant level; support regional budgeting and provide monthly variance analysis vs budget.
• Manage all monthend activities: G/L scrutiny, provisions, cost center classification, CWIP review, and supplier advance closure.
• Support Capex proposals and Fixed Asset Register validations; support operational excellence projects and track savings.
• Ensure timely closure of audit observations and manage scrap billing with advance receipt controls.
• Classify cost centers accurately for monthend and year-round reporting of plant-level financials.
• Conduct periodic physical verification of spares and investigate discrepancies with maintenance and stores teams.
• Ensure scrap billing is timely with proper documentation and accounting controls.
• Implement and monitor operational financial control procedures, including compliance with Project Udaan checklists.

Skills

SAP FICO

SAP PP

MIS reporting

Budgeting

Variance analysis

Excel

PowerPoint

Education

CA or ICWAI

Tools

SAP

Job description

Job Posting

Plant Location :

Chandanvelly industrial area, shabad, Hyderabad

Role Summary:

The Plant Finance Controller is responsible for driving financial discipline, cost control, and accurate operational reporting at the plant level. The role oversees inventory governance, productionrelated financial controls, and comprehensive monthend closing activities. It ensures timely and accurate MIS, budgeting, variance analysis, and compliance with internal policies and audit expectations. The position partners closely with plant operations to enhance efficiency, optimize costs, and strengthen process controls. This is a handson, SAPdriven role requiring strong analytical skills and manufacturing finance expertise..

Roles and Responsibility:

• Ensure timely GRN posting for all domestic and import receipts, including depot stock transfers.
• Monitor manufacturing rejections and scrap; ensure daily and accurate accounting with proper valuation.
• Coordinate periodic perpetual inventory checks; investigate differences and ensure adherence to inventory valuation policies.
• Review Material Planning, Minimum Order Levels, and slowmoving/obsolete stock; work with R&T, Business Partners, and Costing to drive liquidation actions.
• Validate routing changes, ensure timely TECO closure, and monitor/close production orders every month.
• Review production variances, breakdown WhyWhy analyses, and adherence to preventive maintenance plans in SAP.
• Validate production master data to avoid incorrect BOM selection; align routing standards (incl. power consumption) with actual usage.
• Approve plantrelated purchase requisitions after verifying need and cost justification; strengthen expense controls through reviews and budget monitoring.
• Lead monthly cost and performance reviews with plant head and senior management; drive costreduction actions where required.
• Prepare and publish monthly Plant MIS covering conversion cost, overheads, productionbased P&L, inventory aging (RM/consumables/spares/FG), DIO, and Pegasus savings validation.
• Lead annual budgeting at plant level; support regional budgeting and provide monthly variance analysis vs budget.
• Manage all monthend activities: G/L scrutiny, provisions (manpower, electricity, repairs, rent, BIS fees), costcenter classification, CWIP review for timely capitalization, and supplieradvance closure.
• Support Capex proposals and provide insights to HQ; assist in Fixed Asset Register validations.
• Support operational excellence projects, validate business cases, and track monthly savings.
• Ensure timely closure of audit observations and manage scrap billing with advance receipt controls.
• Ensure proper classification of cost centers during monthend and throughout the year to maintain accuracy of plantlevel financial statements.
• Conduct periodic physical verification of spares and ensure discrepancies are investigated and closed with plant maintenance and store teams.
• Ensure billing of scrap against advance payments is completed timely, with correct documentation and accounting controls.
• Implement and monitor operational financial control procedures, including compliance with all Project Udaan checklist requirements.

Qualifications & Experience

• CA or ICWAI qualified, with strong foundation in cost accounting, financial controls, and manufacturing finance.
• 78 years of handson experience in plant finance, including inventory accounting, production order management, costing, and operational finance.
• SAP proficiency (FICO & PP modules) with practical experience in routings, BOMs, TECO, CWIP, cost centers, and monthend closing activities.
• Strong exposure to statutory/internal audits, risk management, and compliance, with ability to implement corrective process controls at plant level.
• Proven capability in MIS reporting, budgeting, variance analysis, and crossfunctional partnering with plant operations, maintenance, and corporate teams.

Role Specific Competencies:

• Strong SAP knowledge mandatory.
• Proficient in Excel, Word, PowerPoint.
• Strong analytical ability, problemsolving skills, communication, and interpersonal skills.
• Ability to work independently and collaborate crossfunctionally.
• Detailoriented with solid organizational skills.