What are the Key Deliverables in this role?

Financial Outcomes

• Responsible for Plant Finance. Monthly submission of accounts & cost control.  
• Monthly product wise profitability analysis & party wise profitability analysis.
• Variance analysis of core cost elements – Yield/P&F/OH & Job work, intervening at the right time by providing necessary input to the site head/VP – Ops.
• Analyzing & monitoring of rework & any process loss including packing loss.
• Actualization of intercompany transfers & ensuring margins are charged as per the policy.
• Actual cost valuation of FG & SFG based on NRV.
• Cost optimization – working closely with production heads/maintenance heads/packing heads/site heads & VP – Ops in analyzing & identifying avenues for Cost optimization projects.
• WC optimization in India Coffee (identify potential and deliver optimization)
• Evaluation of CAPEX proposals & IRR.

Customer Service

• Partnering with VP -Ops and Operations team on cost ratification, Cost Control, and Inventory Control.
• Partnering with payable team & ensuring payables are paid on time as per PO terms.
• Scrap sales & Capitalization – Ensuring capitalization on time no credit sales of scrap.
• PC approvals/PO release/Material codes approvals.
• Monthly review decks – SLT/PSO/OPS/S&OP
• Plant budgets.
• Partnering with corporate finance for pricing.
• Work closely with PIVOT & operations team to ensure the alignment of PIVOT activities.

Internal Processes

• SPOC for all Audits.
• Compliance GST/TDS/TCS/QPR/APR etc.
• PV – FA & Inventory.
• Stock ageing analysis.
• GR/IR, SR/IR & Freight clearing. – Ensuring zero balance on quarter/year end.

Innovation and Learning

• Learning & adopting to the new technologies for process improvements including cross functions.
• Work closely on Digitization plan with proactive address of automation solution as feasible.

What are the Critical success factors for the Role ?

• Chartered Accountant or Cost Accountant with minimum 2 to 3 years of post-qualification business partnering experience.

OR

• Graduate / Post-Graduate in Commerce with minimum 7 to 10 years of post-qualification business partnering experience

What are the Desirable success factors for the Role ?

• Ability to interpret financial data, identify trends, and make data-driven decisions to optimize the category's financial performance.
• Self-starter with an entrepreneurial spirit
• Results-oriented mindset