Operations Finance Senior Analyst

Vertiv; Thane; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Vertiv is seeking a Junior Plant Controller for the Ambernath Annex (IS & Switchgear Factory) in Maharashtra, India. This role sits in Operations Finance, owning the numbers that drive manufacturing performance and partnering with operations daily.

The candidate will manage the factory P&L, track hourly rates, and report KPIs to plant leadership, while ensuring accurate cost closure and robust internal controls.

Qualifications

• CMA certified with 3–4 years in manufacturing plant finance.
• Strong CAS, standard costing and variance analysis knowledge.
• Hands-on Oracle ERP experience (GL, Costing, Inventory).
• Ability to own the plant P&L and drive cost efficiency.
• Excellent Excel skills for dashboard MIS.

Responsibilities

• Own monthly Factory P&L for Ambernath Annex.
• Track fixed vs. variable costs and flag margin risks.
• Analyze hourly rate trends and variances.
• Prepare plant performance scorecards and KPIs.
• Support budgeting, rolling forecasts, and MIS.
• Handle Oracle ERP transactions including JVs and accruals.

Skills

Factory P&L ownership

Hourly rate tracking

Costing & variance analysis

Excel advanced

Financial reporting to plant leader

Communication skills

Budgeting & forecasting

Education

CMA (ICMAI) — Qualified

Tools

Oracle ERP (GL, Costing, Inventory)

CAS knowledge

Standard costing & absorption costing

Job description

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

• 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
• 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
• 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
• 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
• PDSL (Promise Date Service Level) Analysis
• Analysis of PDSL Forecast v/s Actuals
• Gaps in Understanding why PDSL was not met
• 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
• 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
• 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
• 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
• 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

AreaRequirement

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

About Us

The successful candidate will embrace Vertiv’s Core Principles & Behaviors to help execute our Strategic Priorities.

OUR CORE PRINCIPLES: Safety. Integrity. Respect. Teamwork. Inclusion.

OUR STRATEGIC PRIORITIES

• High-Performance Culture
• Customer Focus
• Operational Excellence
• Innovation
• Financial Strength

VERTIV BEHAVIORS

• Own it
• Act with urgency
• Foster a customer‑first mindset
• Think big and execute
• Lead by example
• Drive continuous improvement
• Learn and seek out development
• Promote transparent & open communication

About Vertiv

Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centers, communication networks, and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extend from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv employs around 34,000 people and does business in more than 130 countries. Visit Vertiv.com to learn more.

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