Plant Finance Manager

Corporate Executive Search, Inc. (CESI); Mandaluyong; On-site; PHP 1,200,000 - 1,800,000; Full time

Job summary

Corporate Executive Search, Inc. (CESI) seeks a Plant Finance Manager in Mandaluyong, Philippines to oversee financial planning, cost control, budgeting, and authoritative reporting for the manufacturing plant.

You will partner with Plant Operations, Production, Supply Chain and Procurement to drive cost optimization, improve profitability, and support strategic business decisions. The role requires strong leadership, ERP experience, and the ability to translate operational metrics into

Qualifications

• Bachelor's degree in Accountancy, Finance, Management Accounting, or related field.
• CPA is an advantage or may be required depending on policy.
• Typically 5–8 years of finance experience, including manufacturing/plant exposure.
• Experience in cost accounting, budgeting, financial analysis, inventory control, and variance analysis.
• Food & beverage industry experience is highly preferred.
• Familiarity with ERP systems such as SAP, Oracle, or equivalent.
• Strong analytical, business partnering, communication, and leadership skills.

Responsibilities

• Lead the plant's budgeting, forecasts, and financial plans.
• Monitor performance against budget and provide variance analysis with recommendations.
• Prepare financial reports on costs, profitability, and operating performance.
• Provide financial insights to support plant management decisions.
• Oversee product costing, standard costing, and analysis of variances.
• Monitor materials, labor, utilities, and overhead costs.
• Translate operational performance into financial implications and recommendations.

Skills

Cost accounting

Budgeting

Financial analysis

Inventory control

Manufacturing variance

Business partnering

Leadership

Stakeholder management

Education

Bachelor's degree in Accountancy or Finance

CPA (advantage)

Tools

SAP

Oracle ERP

Job description

The Plant Finance Manager is responsible for overseeing the financial operations of the manufacturing plant, ensuring accurate financial reporting, effective cost management, budgetary control, and operational efficiency. The role partners closely with Plant Operations, Production, Supply Chain, Procurement, and other departments to drive cost optimization, improve profitability, and support strategic business decisions while ensuring compliance with company policies and financial regulations.

Key Responsibilities

1. Financial Planning and Analysis

• Lead the preparation of the plant's annual budget, forecasts, and financial plans.
• Monitor actual performance against budget and provide variance analysis with actionable recommendations.
• Prepare financial reports on manufacturing costs, profitability, and operating performance.
• Provide financial insights to support plant management decisions.

2. Cost Accounting and Manufacturing Controlling

• Oversee product costing, standard costing, and analysis of manufacturing variances.
• Monitor raw materials, packaging materials, direct labor, utilities, and manufacturing overhead costs.
• Analyze production yield, wastage, spoilage, scrap, and inventory variances.
• Identify opportunities to improve cost efficiency and reduce manufacturing expenses.
• Ensure accurate valuation of raw materials, work-in-process, and finished goods inventories.

3. Plant Operations Business Partnering

• Partner with the Plant Manager and Operations team to improve productivity and profitability.
• Evaluate the financial impact of production plans, capacity utilization, and operational improvement initiatives.
• Support continuous improvement, lean manufacturing, and cost-saving programs.
• Translate operational performance indicators into financial implications and recommendations.

4. Inventory and Working Capital Management

• Monitor inventory levels, slow-moving and obsolete stocks, and potential write-offs.
• Ensure proper inventory controls and support periodic physical stock counts.
• Analyze working capital trends and recommend measures to improve cash flow.
• Coordinate with Supply Chain and Warehouse teams to minimize inventory losses and production-related inefficiencies.

5. Financial Reporting and Internal Controls

• Ensure timely and accurate month-end closing and financial reporting.
• Maintain effective internal controls over plant expenditures, inventory, fixed assets, and production costs.
• Coordinate internal and external audits and ensure compliance with accounting standards and company policies.
• Monitor capital expenditures and assess actual spending against approved budgets.

6. Capital Expenditure and Investment Analysis

• Evaluate business cases for new equipment, production lines, plant expansion, and automation projects.
• Conduct return-on-investment, payback period, and cost-benefit analyses.
• Monitor project spending and assess post-investment financial performance.

7. Team Leadership and Stakeholder Management

• Lead and develop the plant finance and cost accounting team.
• Establish performance targets and improve financial processes and reporting capabilities.
• Collaborate with Corporate Finance, Accounting, Tax, Treasury, and other plant stakeholders.

Qualifications

• Bachelor's degree in Accountancy, Finance, Management Accounting, or a related field.
• Certified Public Accountant (CPA) is an advantage or may be required depending on company policy.
• Typically, 5–8 years of relevant finance experience, including manufacturing or plant finance exposure.
• Experience in cost accounting, budgeting, financial analysis, inventory control, and manufacturing variance analysis.
• Experience in the food and beverage industry is highly preferred.
• Familiarity with ERP systems such as SAP, Oracle, or equivalent manufacturing systems.
• Strong analytical, business partnering, communication, and leadership skills.