Opportunity for CMAs Job Vacancy for Manufacturing industry

Icmai Ahmedabad; Bhopal; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Icmai Ahmedabad in India seeks a dynamic Manager/Sr. Manager/AGM – Plant Finance Controller to lead FP&A and finance controllership across multiple manufacturing plants.

You will drive budgeting, forecasting, plant profitability, KPI management and cost optimization, translating data into actionable insights for Plant Heads and senior leadership. The role emphasizes cross‑functional partnering with Operations, Sales and Purchase teams and involves SAP/Power BI utilization.

Responsibilities

• Lead AOP, budgeting and monthly forecasting for multiple plants.
• Prepare and monitor plant-wise and product-wise P&L.
• Analyze performance against budget and forecast, identifying key drivers.
• Present monthly financial performance reports and MIS to senior management.
• Develop KPIs across plants and track corrective actions.
• Provide financial insights to support planning and decision making.
• Act as Finance Controller across multiple locations with robust controls.
• Drive cost optimization and profitability improvement initiatives.

Job description

Manger/Sr. Manager/AGM – Plant Finance Controller

Function: Finance – FP&A / Plant Finance
Reporting To: GM – Finance
Industry: Manufacturing – Pipes, Plastic, Textile
Scope: Multiple Manufacturing Plants

Experience: 5 to 15 Years

About the Role

We are looking for a dynamic and commercially oriented Manager/Sr. Manager / AGM – Plant Finance Controller to lead FP&A and Finance Controllership across multiple manufacturing plants.

The role will be responsible for driving business planning, budgeting, forecasting, plant and product profitability, MIS, KPI management, cost optimization and project pricing.

The position will work closely with Plant Heads, Operations, Sales, Purchase and senior leadership to translate financial and operational data into actionable business insights and profitability improvement initiatives.

Key Responsibilities

• 1. FP&A, Budgeting & Forecasting
  Lead the Annual Operating Plan (AOP), budgeting and monthly forecasting process across multiple plants.
  Prepare and monitor plant-wise and product-wise P&L.
  Analyze actual performance against budget, forecast and previous year, with clear identification of key business drivers.
  Prepare and present monthly financial performance reports and MIS to senior management.
  Develop and monitor financial and operational KPIs across plants.
  Identify performance gaps and work with stakeholders to develop and track corrective action plans.
  Provide financial insights to support business planning and strategic decision‑making.
• 2. Multi-Plant Finance Controllership
  Act as the Finance Controller for multiple manufacturing locations.
  Ensure consistent financial controls, reporting processes and performance measurement across plants.
  Monitor plant-wise cost, profitability, working capital, inventory and cash flow.
  Drive standardization of finance processes and reporting across manufacturing locations.
  Conduct periodic financial and operational performance reviews with Plant Heads and functional teams.
  Ensure timely and accurate monthly financial closure and reporting.
• 3. Cost Management & Profitability Improvement
  Monitor product costing, BOM, routing, activity rates and standard costs.
  Analyze raw material consumption, conversion costs, fixed overheads and other manufacturing expenses.
  Conduct budget vs. actual and standard vs. actual cost analysis.
  Benchmark cost and operational KPIs across plants and identify improvement opportunities.
  Drive cost reduction, productivity improvement and margin enhancement initiatives.
  Partner with Operations and Purchase teams to identify opportunities for manufacturing cost optimization.
• 4. Project Pricing & Commercial Finance
  Lead financial evaluation and pricing for project and institutional business.
  Evaluate project enquiries based on raw material cost, conversion cost, logistics, overheads, working capital and target margins.
  Provide pricing recommendations to Sales and Business teams.
  Analyze key raw material price movements and assess their impact on product profitability.
  Support price revisions, discount decisions and commercial negotiations.
  Ensure pricing decisions are aligned with targeted contribution and profitability.
• 5. Business Partnering
  Work closely with Plant Heads, Production, Purchase, Sales, Supply Chain and Corporate Finance.
  Provide financial and operational insights to improve business performance.
  Translate financial data into clear business recommendations and action plans.
  Drive cross‑functional initiatives focused on cost, productivity, margin and working capital improvement.
  Present key financial and operational performance insights to senior leadership.
• 6. SAP, Power BI & Digital Analytics
  Drive effective utilization of SAP for costing, financial reporting and performance management.
  Monitor SAP CO processes including standard costing, activity rates, cost centers and product costing.
  Leverage Power BI and digital analytics tools to improve financial visibility and decision‑making.
  Develop and enhance dashboards for P&L, cost, KPI, inventory, profitability and operational performance.
  Identify opportunities for finance digitalization, automation and process improvement.
• 7. Working Capital & Financial Controls
  Monitor and improve working capital, inventory and plant cash flow.
  Identify opportunities for inventory optimization and cash flow improvement.
  Ensure robust financial controls across multiple plants.
  Ensure compliance with internal policies, accounting standards and applicable regulatory requirements.
• 8. Audit & Compliance
  Coordinate with Statutory, Internal and Cost Auditors for timely completion of audits.
  Ensure preparation and maintenance of required cost records and supporting schedules.
  Address audit observations and strengthen internal financial controls.
  Ensure timely closure of financial and compliance requirements.