Job Title

Key ResponsibilitiesBudgeting & Management Reporting- Coordinate with cross-functional teams to collate budget inputs, analyze them against historical and industry benchmarks, and identify outliers for discussion. - Consolidate and present plant-level budget summaries to management for review and finalization. - Manage annual CAPEX budgeting, including financial evaluation of proposals and preparation of summary reports for management decision-making. - Ensure timely submission of plant budgets to corporate by adhering to the budget calendar and escalating delays when necessary. - Deploy finalized budgets in ERP and enforce budgetary control mechanisms. - Prepare weekly conversion cost forecasts and conduct detailed variance analysis for conversion cost and CAPEX, presenting insights to the Plant Management team. - Conduct post-implementation CAPEX reviews including IRR and ROI analysis. - Partner with the Plant Head in preparing monthly and annual performance presentations for senior leadership.Cost Analysis & Insights- Perform monthly cost and price trend analysis for direct and indirect materials, highlight unusual movements, and collaborate with procurement to validate findings. - Conduct inventory analysis to identify slow-moving and non-moving stock, initiate corrective actions with Plant Controller, and monitor progress. - Track and monitor cost-saving initiatives, ensuring follow-up with functional teams for achievement of targets. - Provide margin analysis, absorption costing insights, and cost optimization opportunities to support plant profitability.Monthly Closing & Audits- Lead plant-level month-end closing activities, ensuring compliance with accounting standards, cost accounting records, and internal control frameworks. - Prepare detailed Plant MIS post-book closure, analyze variances, and present results to HO reporting team and finance leadership. - Support statutory, internal, and cost audit requirements, ensuring timely closure of queries. - Prepare and maintain cost records in compliance with Cost Audit standards, and lead the annual cost audit process. - Organize and supervise quarterly stock take programs, including reconciliation, reporting, and adjustments.Insurance & Risk Management- Prepare and submit monthly insurance declarations and adequacy checks, ensuring proper coverage and compliance. - Coordinate timely submission of insurance claims, supporting documentation, and follow-ups for settlements.Desired Candidate Profile- Qualification: Cost & Management Accountant (CMA) – Qualified. - Strong expertise of 2+ years in costing, budgeting, variance analysis, inventory control, and plant finance. - Sound understanding of conversion cost, absorption costing, standard costing, and cost audits. - Experience with ERP systems (SAP preferred) for budgeting and cost control. - Analytical and detail-oriented with strong problem-solving ability. - Excellent communication and stakeholder management skills. - Ability to work in a plant environment with cross-functional collaboration.