Emotorad - Plant Finance Manager

EMotorad; Maharashtra; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

EMotorad is seeking a highly skilled Plant Finance Manager to take control over inventory, requisitions, and the Procure-to-Pay policy at our manufacturing plant in India. The ideal candidate will have 5+ years PQE as a Chartered Accountant or CMA, with expertise in manufacturing costs, budgeting, and compliance.

You will lead inventory management, implement conversion costing, enforce P2P, and drive cost optimization across the plant in collaboration with operations and procurement teams.

Qualifications

• 5+ years PQE in plant finance for manufacturing.
• CA or CMA qualification required.
• Strong knowledge of inventory management and P2P.
• Experience with ERP systems and cost accounting.

Responsibilities

• Inventory and Requisition Control: Oversee inventory management, procurement, and material requisitions in line with the budget defined in the AOP.
• Conversion Costing: Implement processes for reporting the conversion costing of the manufacturing process and highlight deviations from the costs considered in the AOP.
• P2P Policy Implementation: Enforce and optimize the Procure-to-Pay (P2P) process, ensuring adherence to company policies and financial regulations.
• Cost Control and Optimization: Monitor plant expenses, conduct variance analysis, and implement cost-saving measures.
• Financial Planning and Budgeting: Prepare plant financial reports, budgets, and forecasts, ensuring alignment with business goals.
• Compliance and Audit: Ensure compliance with financial and tax regulations, oversee internal and external audits related to plant finance.
• Vendor and Supplier Payments: Manage accounts payable, ensure timely payments, and maintain relationships with key suppliers.
• ERP and Financial Systems: Leverage ERP systems to track financial transactions, inventory movement, and procurement efficiency.
• Cross-functional Collaboration: Work closely with operations, supply chain, and procurement teams to align financial strategies with business needs.
• Strong knowledge of inventory management, procurement processes, and P2P policies.
• Hands-on experience in cost accounting, financial reporting, and budgeting.
• Proficiency in ERP systems, SAP, or similar financial tools.
• Solid understanding of taxation, compliance, and audit procedures in a manufacturing environment.
• Excellent analytical skills, problem-solving abilities, and attention to detail.
• Strong communication and stakeholder management skills.

Skills

Inventory management

P2P process

Cost control

Financial analysis

Stakeholder communication

Education

Chartered Accountant (CA) or CMA

Tools

SAP ERP

ERP systems

Job description

Company Description

We see ourselves as a bunch of crazy maniacs who refuse to understand "It Can Not Happen".

Company Description

We see ourselves as a bunch of crazy maniacs who refuse to understand "It Can Not Happen".

People know us for building the most awesome e-bikes (electric bicycles) but, how we see it is "We believe we are changing the world, one e-bike at a time, and playing a part in bringing India to the Global map for EVs".

The company aims to bring across top-quality eBikes which would currently cost way more in the Indian market at an affordable price utilizing its local sourcing and manufacturing capabilities.

Let's talk numbers. We are currently the market leader in India across the e-bike category and are just on the verge of announcing our series C.

Having grown from a team of 5 to 150+ across the globe, from a small garage to offices across 15 countries and clocking in INR 300+ Cr revenue in first three years of operations.

We have raised a series B from global investors.

We think this is a great start to our exciting journey.

Come, join us, help us transform the world, mobility, and have a blast while doing it! Think you are the right fit?

Job Summary

We are seeking a highly skilled Plant Finance Manager with a strong background in finance and accounting to take control over inventory, requisitions, and the Procure-to-Pay (P2P) policy at our manufacturing plant.

The ideal candidate should have 5+ years of PQE as a Chartered Accountant (CA) or Cost and Management Accounting (CMA) with expertise in manufacturing processes, direct and indirect costs management, conversion costing, and compliance within a manufacturing setup.

Key Responsibilities

• Inventory and Requisition Control: Oversee the financial aspects of the inventory management, procurement, and material requisitions in line with the budget defined in the AOP.
• Conversion Costing: Implement processes for reporting the conversion costing of the manufacturing process and highlight deviations from the costs considered in the AOP.
• P2P Policy Implementation: Enforce and optimize the Procure-to-Pay (P2P) process, ensuring adherence to company policies and financial regulations.
• Cost Control and Optimization: Monitor plant expenses, conduct variance analysis, and implement cost-saving measures.
• Financial Planning and Budgeting: Prepare plant financial reports, budgets, and forecasts, ensuring alignment with business goals.
• Compliance and Audit: Ensure compliance with financial and tax regulations, oversee internal and external audits related to plant finance.
• Vendor and Supplier Payments: Manage accounts payable, ensure timely payments, and maintain relationships with key suppliers.
• ERP and Financial Systems: Leverage ERP systems to track financial transactions, inventory movement, and procurement efficiency.
• Cross-functional Collaboration: Work closely with operations, supply chain, and procurement teams to align financial strategies with business CA or CMA qualification with at least 5+ years of PQE in plant finance of a manufacturing entity.
• Strong knowledge of inventory management, procurement processes, and P2P policies.
• Hands-on experience in cost accounting, financial reporting, and budgeting.
• Proficiency in ERP systems, SAP, or similar financial tools.
• Solid understanding of taxation, compliance, and audit procedures in a manufacturing environment.
• Excellent analytical skills, problem-solving abilities, and attention to detail.
• Strong communication and stakeholder management skills.

Why EMotorad?

• Be part of a rapidly scaling global EV brand.
• Opportunity to own and drive revenue processes in a high-impact role.
• Work in a dynamic, innovation-first culture with global exposure.
• Competitive compensation and growth opportunities.

(ref:iimjobs.com)