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Job Title: AVP – Accounts & Finance (Manufacturing CO) Location: Chennai Industry: Manufacturing / Building Materials Reporting To: Managing Director ________________________________________ Key Responsibilities 1. Plant Finance Leadership (Multi-Location Operations) ● Lead finance and accounts functions across multiple manufacturing plants.● Act as a finance business partner to Plant Heads and Operations teams.● Ensure daily financial discipline and control at plant level.● Conduct periodic plant visits to review operations, inventory, and cost controls.● Drive accountability for plant-level profitability and cost efficiency.________________________________________ 2. Manufacturing Costing & Inventory Control ● Oversee raw material accounting, WIP accounting, finished goods valuation, and scrap accounting.● Manage standard costing, actual costing, and variance analysis (material, labor, overhead).● Ensure accurate BOM costing and periodic cost sheet validation.● Monitor yield analysis, production losses, and efficiency ratios.● Strengthen physical inventory controls and coordinate stock audits.● Implement cost optimization initiatives in coordination with plant teams.________________________________________ 3. Plant-Level Financial Controls & Compliance ● Ensure compliance with Factory Act, Pollution Control norms, environmental regulations, and plant-related statutory requirements.● Monitor statutory payments including GST, TDS, PF/ESI (in coordination with HR).● Ensure timely renewal of plant licenses, approvals, and certifications.● Maintain readiness for plant inspections and cost audits.● Strengthen internal financial controls (IFC) at plant level.________________________________________________________________________________ 5. Working Capital & Treasury Operations ● Monitor plant-level working capital including receivables, payables, and inventory days.● Optimize cash conversion cycle and inventory holding patterns.● Support fund flow planning and coordination with central treasury.● Assist in managing banking relationships related to plant operations.________________________________________ 6. Budgeting & Performance Monitoring ● Lead plant-wise annual budgeting and monthly forecasting exercises.● Conduct detailed variance analysis (production, overhead, procurement pricing).● Develop plant performance dashboards including:○ Cost per unit○ Capacity utilization○ Contribution margins○ Yield and wastage metrics● Present plant financial performance to MD and senior leadership.________________________________________ 7. IPO Readiness (Operational Finance Focus) ● Ensure plant-level financial data accuracy and audit readiness for IPO.● Strengthen documentation, cost records, and inventory valuation frameworks.● Support statutory and internal audit during IPO due diligence.● Align plant reporting with listed-company governance standards.________________________________________ Candidate Profile ● Chartered Accountant (CA) mandatory.● 10–18 years of experience in manufacturing finance, preferably in multi-plant environment.● Strong hands-on exposure to plant accounting and manufacturing costing.● Deep understanding of inventory control, cost audit, and operational finance.● Experience working closely with production and plant leadership teams.● Strong ERP exposure (SAP/Oracle/Manufacturing ERP systems).● Willingness to travel frequently across plant locations.● Strong execution-oriented and operational mindset.________________________________________ Key Competencies ● Strong manufacturing costing expertise● Operational finance leadership● Inventory & working capital control● Process-driven and ERP-focused● Strong coordination with plant & operations teams● High ownership and hands-on approach________________________________________