Financial Controller

Peoplefy; Thane; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Peoplefy is seeking a qualified CMA with 3–6 years of experience in plant finance to manage factory P&L, costing, budgeting, and KPI performance in a manufacturing setting.

You will work with plant operations, prepare monthly MIS, variance analysis, and ensure compliance with Ind AS and CAS while leveraging Oracle ERP for journals and costing.

This role requires strong analytical skills, advanced Excel, and cross-functional coordination with operations and leadership.

Qualifications

• Qualified CMA (ICMAI) is mandatory.
• 3–6 years of experience in Plant Finance, Plant Costing, or Manufacturing Cost Controlling.
• Experience in core manufacturing environments (electrical equipment, heavy engineering, automotive, or process manufacturing).
• Strong knowledge of Factory P&L, standard costing, absorption costing, and variance analysis.
• Hands-on experience with Oracle ERP (GL, Costing, Inventory).
• Experience in budgeting, forecasting, MIS reporting, and cost analysis.

Responsibilities

• Prepare and maintain monthly Factory P&L with accurate cost allocation and financial closure.
• Monitor fixed and variable manufacturing costs, standard and absorption costing, and variances.
• Analyze plant hourly rates and cost-driven deviations.
• Track plant KPIs: efficiency, productivity, earned hours, and conversion cost per hour.
• Prepare budgets, rolling forecasts, MIS reports, and variance analysis.
• Monitor productivity improvement initiatives and cost-saving projects.
• Analyse manpower costs, headcount and productivity per employee.
• Review vendor contracts, cost benchmarks, and plant expenditures.
• Analyse PDSL forecast vs. actual performance and gaps.
• Handle plant accounting in Oracle ERP: journals, accruals, reconciliations, cost centre mapping.
• Ensure compliance with Ind AS, CAS, and internal controls.

Skills

Plant Finance

Manufacturing Costing

Variance Analysis

KPI Tracking

Financial Reporting

Excel Dashboards

Education

Qualified CMA (ICMAI)

Tools

Oracle ERP (GL, Costing, Inventory)

Job description

Location: Ambernath, Maharashtra, 421506

Experience: 3-6 Years

Qualification: Qualified CMA (ICMAI) - Mandatory

Work Mode: 6 days WFO/ One Saturday off in a month

Transportation Available

Role Overview

We are looking for a qualified CMA professional with 3-4 years of experience in Plant Finance, Manufacturing Costing, or Plant Controlling within a core manufacturing environment. The role involves managing factory P&L, manufacturing costs, operational KPIs, budgeting, variance analysis, and plant financial performance while working closely with plant operations and leadership teams.

Key Responsibilities

• Prepare and maintain monthly Factory P&L, ensuring accurate cost allocation, analysis, and financial closure.
• Monitor manufacturing costs, including fixed and variable costs, standard costing, absorption costing, and cost variances.
• Calculate and analyse plant hourly rates, identifying volume-driven and cost-driven deviations.
• Track plant operational KPIs, including efficiency, productivity, earned hours, and conversion cost per hour.
• Prepare plant budgets, rolling forecasts, monthly MIS reports, and actual vs. budget variance analysis.
• Monitor productivity improvement initiatives, cost-saving projects, and operational efficiency.
• Analyse manpower costs, headcount requirements, and productivity per employee.
• Review vendor rate contracts, cost benchmarks, and plant-related expenditures.
• Analyse PDSL (Promise Date Service Level) forecast vs. actual performance and identify gaps.
• Handle plant accounting activities in Oracle ERP, including journal entries, accruals, reconciliations, and cost centre mapping.
• Ensure compliance with Ind AS, Cost Accounting Standards (CAS), and internal financial controls.

Must-Have Skills & Qualifications

• Qualified CMA (ICMAI) - Mandatory.
• 3-6 years of relevant experience in Plant Finance, Plant Costing, or Manufacturing Cost Controlling.
• Experience in a core manufacturing environment, preferably electrical equipment, heavy engineering, automotive, or process manufacturing.
• Strong knowledge of Factory P&L, standard costing, absorption costing, and variance analysis.
• Hands-on experience with Oracle ERP (GL, Costing, and Inventory modules).
• Experience in plant budgeting, forecasting, cost analysis, and MIS reporting.
• Advanced Excel skills, including Pivot Tables, lookups, and financial dashboards.
• Good understanding of Ind AS and Cost Accounting Standards (CAS).
• Strong analytical, communication, and cross-functional coordination skills.

Good to Have

• Experience with plant hourly rate calculations, earned hours, and conversion cost analysis.
• Exposure to productivity savings, CapEx tracking, and energy cost analysis.
• Experience working closely with manufacturing operations and continuous improvement teams.