Manager - Finance

**PRINCIPAL ACTIVITIES:** **1. Product Costing & Inventory Valuation** - Develop and maintain standard costs, actual costs and product-wise cost sheets covering material, conversion, utilities, labour, overheads and yield losses. - Validate RM, WIP, intermediates and FG valuation; analyse purchase-price, usage, yield, mix, rate and volume variances. - • Support new-product costing, make-or-buy decisions, transfer pricing inputs, quotation costing and product profitability reviews. - Inventory control and analysis. **2. MIS & Performance Reporting** - Prepare accurate monthly MIS, plant and product P&L, contribution, gross margin, cost-centre reports and management dashboards within agreed timelines. - Explain actual versus budget, forecast and prior-period movements with quantified drivers and actionable commentary. **3. Cost Control & Business Partnering** - Partner with Production, Supply Chain, Procurement, Quality, Engineering and Commercial teams to identify and track cost-saving initiatives. - Monitor material consumption, solvent recovery, yield, utilities, manpower, maintenance and manufacturing overheads against norms. - Lead root-cause analysis for adverse variances and establish owners, actions, financial benefits and closure dates. **4. Budgeting, Forecasting & Planning** - Coordinate annual operating plan, rolling forecasts and long-range plans for volume, revenue, material cost, conversion cost, OPEX, CAPEX and working capital. - Translate operational assumptions into financial plans; challenge assumptions and maintain version control and audit trails. - Conduct monthly forecast updates, scenario analysis and sensitivity analysis for prices, forex, yields, volumes and capacity. **5. Controls, Audit & Compliance** - Ensure costing and inventory processes comply with company policy, applicable accounting standards, internal controls and statutory requirements. - Support month-end close, stock provisions, slow/non-moving inventory review, physical verification, audit schedules and control remediation. - Maintain SOPs, approval matrices, reconciliations and data-quality checks across ERP and reporting systems. ***KEY DELIVERABLES / KPIs*** - Monthly MIS and costing close delivered on time with reconciled, decision-ready data. - Budget/forecast accuracy; reduction in unexplained cost and margin variances. - Cost-saving pipeline, validated benefits and sustained closure of corrective actions. - Inventory valuation accuracy, ageing visibility and reduction in excess/obsolete inventory exposure. - Timely completion of audits, reconciliations and internal-control actions. ***Education & Experience*** - CA Inter / CMA Inter / MBA Finance / equivalent qualification with strong manufacturing-costing experience may be considered - Typically, 57 years in costing, plant finance, FP&A or management accounting in a manufacturing environment; pharma/chemical experience preferred. - Strong knowledge of standard costing, variance analysis, inventory accounting, budgeting, financial modelling and management reporting. - Advanced Excel; hands-on ERP costing and inventory modules (SAP/Oracle or equivalent); Power BI or similar visualization tools preferred.