Plant Finance Manager

Whirlpool; Faridabad District; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Whirlpool in India is seeking a financial professional to manage budgeting, forecasting, and cost control. The role covers product costing, asset accounting, inventory management and robust month-end close processes.

The incumbent will coordinate with Global Finance, ensure Sox compliance, and drive cost deployment aligned with manufacturing excellence. This position is based in Faridabad, Haryana.

Qualifications

• Experience in budgeting, forecasting, and variance analysis.
• Proficiency in month-end closing and financial reporting.
• Knowledge of fixed assets, inventory management, and AP processes.
• Experience with Sox compliance and audit support.

Responsibilities

• Prepare annual budget and quarterly rolling forecast; analyze actuals vs budget.
• Forecast balance sheet and P&L; perform variance analysis.
• Costing, margin analysis and cost change tracking for products.
• Month-end close and reporting; coordinate with GFC for provisions.
• Fixed asset accounting, capitalization and project tracking.
• Inventory and working capital management.
• Accounts payable tracking, vendor reconciliation and cash management reporting.
• Support compliance and Sox/audit inquiries; ensure policy adherence.
• Drive cost deployment initiatives in line with world class manufacturing.

Skills

Budgeting

Forecasting

Variance Analysis

P&L Forecasting

Costing

Inventory Management

Accounts Payable

Audit & Compliance

Fixed Asset Accounting

GFC Coordination

Job description

Roles & Responsibilities

Budgeting, Annual Operating Plan, Monthly Current View

• Annual Budget preparation, Quarterly Rolling Forecast and Monthly Current View Forecast Process and Analysis of Actual Results and comparing with the budget, Current View and Variance Analysis;
• Balance Sheet and P&L Forecasting.

Product Costing

• Product Costing and Margin Analysis;
• Product Cost Variance Analysis;
• Cost Change Project Tracking, driving operation team for further opportunities;
• New Product Cost review with Reasons for Variance against forecast;

Monthly Period Closing and Reporting

• Month end books closing activities, Coordinating with GFC to ensure appropriate provisions are considered for Monthly book closure;
• Preparation and Analytical review on unit level B/S, P&L.

Fixed Asset

• Fixed Asset Accounting, Controlling, Capitalisation & Tracking of Various projects under CWIP.
• Custodian of Fixed Asset at the Location and at Vendors place.

Inventory and Working Capital Management

• Inventory Controlling & GIT Accounting

Accounts Payable

• Tracking of Open GRIR & Advances i.e. Import, Domestic Vendors, FA, Employees.
• Cash Management Report & Exposure Report (For Foreign Payments).
• Vendor Reconciliation as well as timely clearing of GL a/cs

Compliance and Audit

• Preparation of various Schedules for Audit/ Sox Compliance;
• Handling Statutory/Cost/Internal audit and their queries;
• Ensuring Companies Policies and Procedures are adhered to by all.

Cost Deployment as per World Class Manufacturing

• Collection and Consolidation of all the shop floor related losses in Plant.
• Working closely with Manufacturing as a cost deployment specialist.
• Plant Cost stratification under different cost elements wise.