This role is part of the plant finance team and will be responsible for plant accounting, analysis & reporting, supporting in cost controlling, financial reviews and governances.
Main Responsibilities
Cost Control
Track, Monitor and report monthly cost variance, Indirects, Trend analysis
Prepare monthly cost review decks highlighting key trends & insights for cost control
Weekly Enhancements, Calculation and analysis of MUV line wise and reporting of exact yield losses
Partnering with Manufacturing Team for driving yield loss reduction
Ensure proper accounting and stock reconciliation for material brought for employee sale and consumption within factory
Financial Reporting & Reconciliation
Accurate & timely completion of month closing and reporting activities
Coordinate with departments to ensure compliance with Accounting policies, Internal control procedures and SOX compliance
Reconciliation of all GL Accounts in Blackline Tool and resolving the discrepancies
All HO reporting – costing runs, Optimus update and monthly Supply Chain Finance Scorecard, etc
Submit annual NSS return within due dates
Inventory & Internal Controls
To calculate the inventory ageing provision and identify reasons for variances
Manage the BOM & Routing updation and review process
To perform monthly physical stock verification and resolve the variances in collaboration with the departments
Exercise periodic checks and conduct reviews of the internal controls defined. Extend support in governance / implementation of internal checks & controls.
Fixed Assets and Capex
Monthly review of new asset capitalisations & depreciation
Coordinate for fixed asset verifications, transfers, disposals and writeoffs as per the policy
Participate in CWIP reviews and drive actions with the stakeholders
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