Operations Finance Senior Analyst

Vertiv Group Corporation; Ambernath; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Vertiv Group Corporation in Ambernath, Maharashtra, seeks a Junior Plant Controller to own the plant P&L, track hourly rates, and partner with operations to improve manufacturing performance. The role sits at the Ambernath Annex, reports to the Plant Controller, requires CMA ICMAI qualification and 3–4 years in manufacturing finance, with strong Oracle ERP experience.

You will build monthly plant scorecards, manage cost control, and support budgeting and forecasts while coordinating with

Qualifications

• Qualified CMA (ICMAI) with 3-4 years in manufacturing plant finance/controlling.
• Solid knowledge of Ind AS and CAS in a manufacturing context.
• Hands-on experience with Oracle ERP – GL, Costing, Inventory modules.
• Experience in core manufacturing (heavy engineering/electrical/process).

Responsibilities

• Factory P&L ownership, track costs and ensure monthly closure.
• Capture and analyse hourly rate and variances; present trends to leadership.
• Own plant KPIs and drive cost levers with operations; produce scorecards.
• Track productivity savings with project-wise breakdowns and YTD impact.
• Analyze PDSL forecast vs actuals and identify gaps.
• Review and monitor rate contracts; support cost negotiations with analytics.
• Maintain headcount hired vs. required; analyze manpower cost per unit.
• Support budgeting, forecasting, and MIS; build bridge analyses.
• Handle Oracle ERP transactions: JVs, accruals, reconciliations; ensure mappings.
• Ensure compliance with Ind AS and CAS; assist audits with documentation.

Skills

Advanced Excel

ERP - Oracle

Costing & CAS

P/L ownership

Education

CMA (ICMAI) - Qualified

Tools

Oracle ERP

Job description

Junior Plant Controller

Ambernath Annex - IS & Switchgear Factory| Operations Finance

Position Overview

• Position: Junior Plant Controller
• Location: Ambernath Annex - IS & Switchgear Factory, Maharashtra, India
• Department: Operations Finance
• Reports To: Plant Controller - Ambernath Annex
• Experience: 3-4 Years
• Qualification: CMA (ICMAI) - Qualified

About the Role

This is a core plant finance role - you'll be sitting at the plant, working closely with operations, and owning the numbers that drive manufacturing performance. From tracking hourly rates to building the factory P&L, you'll be the finance partner the plant relies on daily. If you've worked in a manufacturing setup and enjoy being close to the action, this is your kind of role.

Key Responsibilities

1. Factory P&L Ownership

• Prepare and maintain the monthly Factory P&L for the Ambernath Annex - IS & Switchgear Factory
• Track fixed vs. variable costs, analyse deviations, and flag margin risks early
• Ensure timely and accurate monthly cost closure

2. Hourly Rate Tracking & Analysis

• Capture, compute, and monitor the plant hourly rate (cost per hour) on a monthly basis
• Analyse movement in hourly rates - volume-driven vs. cost-driven variances
• Present hourly rate trends and bridge analysis to plant leadership

3. Plant KPIs & Operational Excellence

• Own and report key plant KPIs - Efficiency %, Productivity %, Earned Hours, Conversion Cost per Hour
• Drive Plant Operational Excellence by partnering with operations to identify cost levers and track improvement actions
• Prepare monthly plant performance scorecards

4. Productivity Savings

• Track and validate productivity savings initiatives at the plant level
• Maintain a savings tracker with clear project-wise breakdowns and YTD impact
• Coordinate with operations and CI teams to quantify and sign off on realized savings

5. PDSL (Promise Date Service Level) Analysis

• Analysis of PDSL Forecast v/s Actuals
• Gaps in Understanding why PDSL was not met

6. Rate Contracts & Vendor Rate Management

• Review and track rate contracts for key plant services (labour, maintenance, logistics, consumables)
• Monitor vendor rates against benchmarks and flag deviations
• Support procurement finance in rate negotiations with cost data and spend analytics

7. Headcount Analysis - Hired vs. Required

• Maintain and report monthly Headcount Hired vs. Headcount Required for the plant (permanent + contract)
• Analyse manpower cost per unit and productivity per head
• Flag over/under-staffing and support workforce planning with data

8. Budgeting, Forecasting & MIS

• Support annual budgets and periodic rolling forecasts (4+8, 8+4) for plant costs
• Prepare plant-level MIS and flash reports
• Build bridge analysis - Actuals vs. Budget vs. Prior Year

9. Oracle ERP Operations

• Handle day-to-day plant accounting transactions in Oracle - JVs, cost uploads, accruals, reconciliations
• Ensure correct cost centre and account mapping
• Generate reports and extracts from Oracle for analysis

10. Compliance & Standards

• Ensure all plant accounting is in line with applicable Accounting Standards (Ind AS) and Cost Accounting Standards (CAS)
• Support internal/external audits with plant-level documentation
• Maintain strong internal controls over plant financial processes

Must-Have Skills & Qualifications

• Qualification: CMA (ICMAI) - Qualified
• Experience: 3-4 years in a manufacturing plant finance / plant controlling role
• Accounting Standards: Well-versed with Accounting Standards (Ind AS) and Cost Accounting Standards (CAS)
• Industry: Core manufacturing (mandatory) - preferably heavy engineering, electrical, or process industry
• ERP: Hands-on Oracle ERP experience (GL, Costing, Inventory modules)
• Cost Accounting: Strong understanding of CAS, standard costing, variance analysis, absorption costing
• Communication: Strong verbal and written communication - can present to plant leadership confidently
• Excel: Advanced - pivots, lookups, large data handling, dashboard-level MIS

Good to Have

• Exposure to Earned Hours methodology and conversion cost frameworks
• Experience working with intercompany (ICO) transactions or contract manufacturing setups
• Familiarity with CapEx tracking and project accounting
• Understanding of energy cost analysis and utility rate tracking

What We're Looking For

• Someone who's comfortable on the shop floor - not just behind a desk
• Can connect the dots between operational actions and financial outcomes
• Proactive - doesn't wait for month-end to spot issues
• Can explain cost movements in simple language to non-finance teams
• Takes ownership of the numbers and drives action, not just reporting