Plant Finance Controller

Lubi Pumps; Ahmedabad District; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Lubi Pumps is seeking a Plant Finance Controller to lead the financial operations of its manufacturing plants. Based at local plant locations with rotation, the role partners with the Plant Head to drive profitability, cost efficiency, and strong financial discipline across costing, budgeting, inventory control, and performance analysis.

The candidate will ensure compliance with accounting standards and company policies, implement SOPs for production and financial areas, and provide timely

Qualifications

• Experience with ERP systems such as SAP, Oracle, or equivalent platforms would be preferred.
• Strong knowledge of plant financial management and reporting processes.
• Ability to analyse production budgets, forecasts, inventory movement and cost variances.

Responsibilities

• Manage the overall finance and accounting activities of the plant.
• Prepare monthly financial and costing reports; formulate MIS and management reports.
• Analyse plant performance against budgets and forecasts; identify cost reduction opportunities.
• Provide timely financial insights to Plant Head and senior management; ensure monthly closing accuracy.

Skills

Financial management

Reporting & MIS

Costing & variance analysis

Inventory & working capital

Internal controls

Education

ERP systems experience (SAP/Oracle)

Job description

Lubi Group of Industries is a diversified engineering company with a strong presence across pumps, motors, electronics, EV solutions, valves, and solar energy systems. With over six decades of manufacturing excellence and innovation, we have built a trusted reputation in both domestic and global markets. Our product portfolio serves a wide range of applications including commercial buildings, industries, agriculture, domestic use, and renewable energy. Backed by a robust distribution network and fully integrated in-house manufacturing, Lubi continues to deliver reliable, efficient, and future-ready solutions to customers across sectors.

Job description for Plant Finance Controller

Division: Finance & Accounts | Post: Plant Finance Controller

We are looking for a motivated and experienced Plant Finance Controller to join our team!

Education Qualification & Certifications Required

• Experience working with ERP systems such as SAP, Oracle, or equivalent platforms would be preferred.

Functional Skills

Plant Financial Management & Reporting

• Manage the overall finance and accounting activities of the plant.
• Prepare monthly financial and costing reports for plants and formulate MIS and management reports.
• Analyse plant performance of production budgets, periodical sales forecasts, inventory movements and opportunities for rationalization of costs.
• Provide timely financial insights and recommendations to the Plant Head and senior management, ensure accuracy and timely closure of monthly plant accounts.

Costing & Cost Control

• Monitor and analyse manufacturing costs, including material, labour, overheads, and conversion costs.
• Review product costing and standard costing and analyse variances.
• Identify cost reduction and productivity improvement opportunities.
• Analyse material consumption, wastage, scrap, yield, and production efficiency.
• Support pricing and profitability analysis for products and business segments.

Inventory & Working Capital Management

• Ensure effective financial control over raw materials, work-in-progress, finished goods, and stores inventory.
• Monitor inventory ageing, slow-moving and obsolete inventory.
• Participate in physical stock verification and ensure timely reconciliation of inventory records.
• Drive initiatives to optimise working capital and inventory levels.

Internal Controls & Compliance

• Establish and maintain strong financial and operational controls at the plant.
• Ensure compliance with company policies, accounting standards, statutory requirements.
• Participate in designing and implementation of Standard Operating Procedures for Production, Operations and Financial areas.
• Monitor financial risks and recommend appropriate corrective actions.

Job Description

The Plant Finance Manager will be responsible for overseeing the complete finance function at the manufacturing plants, including costing, budgeting, financial reporting, inventory control, working capital management, internal controls, and business performance analysis. The role will act as a key business partner to the Plant Head and operations team to drive profitability, cost efficiency, optimization of plant inventories, and financial discipline. He will primarily be based at local plant locations on rotation and on need basis will report to the Corporate Office.