Finance Head

Revent Precision Engineering ltd; Sanaswadi; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

Revent Precision Engineering ltd in Pune region is seeking a Plant Finance Head (Regional) to lead the finance function for multiple plants. The role reports to CFO and coordinates with Plant Heads Sanaswadi & Ranjangaon.

You will oversee financial closing, MIS, budgeting, costing, working capital and capital expenditure, ensuring strong controls and strategic partnering with operations.

Qualifications

• B.Com / M.Com with MBA (Finance) is required.
• CA Inter / CMA (ICWA) preferred.
• Full CA/CMA candidates with relevant manufacturing experience will also be considered.

Responsibilities

• Ensure timely and accurate monthly, quarterly and annual financial closing.
• Maintain strong financial controls and compliance with accounting policies.
• Review journal entries, provisions, accruals and reconciliations.
• Prepare monthly MIS and performance reports for Plant Management and Corporate Finance.
• Analyse plant profitability, manufacturing variances and operational KPIs.
• Support management through financial modelling and scenario analysis.
• Lead annual budgeting and periodic forecasts.
• Perform budget versus actual variance analysis.
• Drive cost control across plant functions.
• Review standard costing, BOM and routing.
• Ensure accuracy of costing masters in ERP.
• Analyse material, labour and overhead variances.
• Hands-on experience in Oracle ERP with finance and manufacturing modules.
• Strengthen internal controls and drive process improvements.
• Monitor inventory ageing, slow-moving and obsolete inventory.
• Drive receivable collections and credit monitoring.
• Optimize payables and overall cash flow.
• Evaluate CAPEX proposals using ROI, IRR, NPV and Payback analysis.
• Monitor approved CAPEX budgets and capitalization.
• Ensure compliance with GST, TDS.
• Coordinate statutory, internal and cost audits.
• Partner with Plant Heads, Operations, Supply Chain and Procurement.
• Support commercial decisions through profitability analysis.

Skills

Financial Accounting and Plant Finance

Cost Accounting and Product Costing

Budgeting, Forecasting and MIS Report

Working Capital Management

Inventory Accounting and Controls

Capital Expenditure Evaluation and 1

GST, TDS compliance

Leadership and stakeholder management

MS Excel

Education

B.Com / M.Com with MBA (Finance)

CA Inter / CMA (ICWA) preferred

Tools

Oracle ERP

Job description

Job Description Plant Finance Head (Regional)Position

Plant Finance Head (Regional)

Reporting

Reports to: Chief Financial Officer (CFO) / Corporate Controller
Functional Coordination: Plant Heads Sanaswadi & Ranjangaon

Location

Work Location: Sanaswadi & Ranjangaon, Pune (Nagar Road)
Preferred Residence: Pune Nagar Road vicinity

Experience

1015 years (up to 20 years may be considered).
Minimum 45 years leading the finance function of a manufacturing plant/business unit.

Educational Qualification

B.Com / M.Com with MBA (Finance)
CA Inter / CMA (ICWA) preferred

• Full CA/CMA candidates with relevant manufacturing experience will also be considered.

Industry Preference

Automobile, Auto Components, Engineering, Forging, Casting or Manufacturing industry with exposure to high-volume production environments.

Technical Skills

• Financial Accounting and Plant Finance
• Cost Accounting and Product Costing
• Budgeting, Forecasting and MIS Reporting
• Working Capital Management
• Inventory Accounting and Controls
• Capital Expenditure Evaluation and Monitoring
• GST, TDS compliance
• Oracle ERP preferred
• Advanced MS Excel

Key Responsibilities

Financial Accounting & Closing

• Ensure timely and accurate monthly, quarterly and annual financial closing.
• Maintain strong financial controls and compliance with accounting policies.
• Review journal entries, provisions, accruals and reconciliations.

Business Finance & MIS

• Prepare monthly MIS and performance reports for Plant Management and Corporate Finance.
• Analyse plant profitability, manufacturing variances and operational KPIs.
• Support management through financial modelling and scenario analysis.

Budgeting & Forecasting

• Lead annual budgeting and periodic forecasts.
• Perform budget versus actual variance analysis.
• Drive cost control across plant functions.

Costing & Manufacturing Finance

• Review standard costing, BOM and routing.
• Ensure accuracy of costing masters in ERP.
• Analyse material, labour and overhead variances.

ERP & Internal Controls

• Hands-on experience in Oracle ERP with finance and manufacturing modules.
• Strengthen internal controls and drive process improvements.

Working Capital Management

• Monitor inventory ageing, slow-moving and obsolete inventory.
• Drive receivable collections and credit monitoring.
• Optimize payables and overall cash flow.

Capital Expenditure

• Evaluate CAPEX proposals using ROI, IRR, NPV and Payback analysis.
• Monitor approved CAPEX budgets and capitalization.

Compliance & Audit

• Ensure compliance with GST, TDS.
• Coordinate statutory, internal and cost audits.

Business Partnering

• Partner with Plant Heads, Operations, Supply Chain and Procurement.
• Support commercial decisions through profitability analysis.

Desired Competencies

• Strong accounting fundamentals
• Commercial acumen and analytical skills
• Strong Oracle ERP knowledge
• Leadership and stakeholder management
• Excellent communication and presentation skills
• Result-oriented and proactive approach

Notice Period

Up to 45 days preferred.