Plant Finance Head

Perfect Placers; Delhi; On-site; INR 4,000,000 - 6,000,000; Full time

Benefits offered by this job

Above-market remuneration

Well-defined career path

Comprehensive employee benefits

Job summary

Perfect Placers is seeking a seasoned Plant Finance Head to drive financial operations for a manufacturing facility. You will oversee cost accounting, budgeting, forecasting, and MIS, linking plant performance with corporate strategy.

The role requires CMA/ICWA or CA Inter with MBA Finance and 10-15 years’ experience in manufacturing finance, cost control, and ERP systems. Competitive remuneration and a clear career path are offered.

Qualifications

• CMA/ICWA or CA Inter with MBA Finance and 10-15 years’ experience in finance, accounting, and business operations.
• Deep grounding in manufacturing, process costing, and supply chain economics.
• Strong cross-functional communication to translate complex financials for non-finance teams.

Responsibilities

• Direct end-to-end costing, product margin analysis, and variance tracking.
• Monitor CAPEX/OPEX budgets and drive plant-level forecasting.
• Oversee standard/actual costing, variance analysis, BOM routing, overhead absorption, and margins.

Skills

Plant accounting

Cost accounting

Budgeting

Forecasting

MIS

SAP FI/CO

ERP systems

Cross-functional communication

Education

CMA/ICWA or CA Inter with MBA Finance

Tools

SAP FI/CO

ERP systems

SAP

Job description

Role & responsibilities

Our clients are leading MNC & Industrial Conglomerates (AUTOMOBILES, FMCG, CONSUMER DURABLES, MANAUFACTURING, RETAIL, EPC, INFRASTRUCTURE (POWER, ENERGY, OIL & GAS, PORTS), INFORMATION TECHNOLOGY, BPO, PHARMA & TELECOM with a Turnover of US $ 1 Bn to US $ 100 Bn with exponential growth potential. Our clients reach span across several countries across the globe.

PERFECT PLACER (www.perfectplacer.com), Promoted by a team of dedicated professionals with varied background, having comprehensive and extensive industry and consultancy exposure, is One of the most preferred and referred consultants today in Executive Search & Placement.

PERFECT PLACER in less than half a decade has grown to be a force to reckon with, having offices in Mumbai, Chennai, Bangalore, and New Delhi.

Perfect Placer along with its associate services has a long and prestigious list of leading Indian and Multinational Corporates in India and Outside across Managerial levels, functions, and Industries, covering both IT and Non-IT specialized in chief executive, board member and senior-level management search assignments.

Plant Finance Head

• Responsible for the financial operations, cost accounting, and statutory compliance of a manufacturing facility, acting as the financial bridge between factory performance and corporate strategy. Drive plant profitability, cost optimization, and financial control.

Key Responsibilities:

F Cost Accounting: Direct end-to-end costing, product margin analysis, and variance tracking.

F Budgeting & Cost Optimization: Monitor CAPEX/OPEX budgets and drive plant-level forecasting. Partner with the Commercial team to negotiate vendor/contract rates and minimize operational costs.

F Costing & Profitability: Oversee standard/actual costing, variance analysis, BOM routing, overhead absorption, yield losses, and contribution margins to drive efficiency.

F Budgeting & Forecasting: Lead annual budgeting and monthly rolling forecasts aligned with operational capacities.

F Compliance & Taxation: Oversee GST, local levies, direct/indirect taxes, and statutory audits.

F Inventory & Controls: Implement rigorous internal controls for inventory valuation and asset safeguarding.

F CAPEX/OPEX Management: Evaluate capital expenditure proposals and monitor ongoing operational expenses.

F Financial Management & MIS: Lead plant GL, AP/AR, costing, and payroll. Ensure Ind-AS compliance, month/quarter/year-end book closures, and accurate SAP records with budget variance reporting.

F Treasury & Working Capital: Optimize plant cash flows, vendor payments, bank relationships, and working capital cycles (inventory, payables, receivables).

F Insurance & Risk: Manage plant insurance coverage (IAR/LOP) to prevent over/under-coverage and lead insurance claim processes.

F Trust Administration: Serve as Trustee for the Exempted PF Trust and manage trust-related financial administration.

F Leadership & Business Partnering: Mentor the plant finance team and serve as the primary finance link between plant leadership and the CFO/HO.

Preferred candidate profile

1. CMA/ICWA or CA Inter with MBA Finance with 10-15 Years of experience in finance, accounting, and business operations, with a focus on PLANT ACCOUNTING.

2. Deep grounding in manufacturing, process costing, and supply chain economics.

3. Strong cross-functional communication to translate complex financials for non-finance operational teams

4. Strong experience in Cost Accounting, Budgeting, Forecasting, MIS and Financial Reporting.

5. Hands-on experience in Inventory Accounting, Variance Analysis and Internal Controls.

6. Advanced command of SAP (FI/CO modules) and ERP systems.

7. Strong analytical, communication and stakeholder-management skills.

Remuneration:

An outstanding remuneration package that rewards professionalism and diligence will be on offer for the successful applicant as well as a well-defined career path. An excellent package will be on offer for the right candidate, including an above-mentioned industry base salary for the right person as well as the most complete employee benefit scheme. Don't miss out on this opportunity to join the market leader.