Job Description
Deputy Manager Finance
– Surat SEZ (SACHIN) for one year. If an opportunity arises, the candidate may relocate to New Jersey, USA or United Kingdom for a long-term assignment, subject to a minimum bond period of 3-4 years.
- Manufacturing
- 6 days WFO in Surat
:
Responsible for the financial management and reporting of manufacturing operations. This role requires a deep understanding of manufacturing processes, cost accounting, and financial analysis to ensure accurate financial planning, budgeting, and performance evaluation. The ideal candidate will have a strong background in manufacturing finance, exceptional analytical skills, and the ability to drive continuous improvement initiatives.
:
Professional certification: Qualified CA/CPA.
Minimum 4-6 years of experience in a similar role
Strong knowledge of IGAAP, Ind AS, US GAAP and cross-border compliance requirements.
Proficient in accounting systems and MS Excel;
Experience in SAP is a must.
Excellent analytical, organizational, and communication skills
Excellent verbal and written communication skills
:
Plant Accounting & Financial Closure
Ensure monthly, quarterly, and annual closures within defined timelines.
Accounting and control of raw material consumption, WIP movement, finished goods production, utilities, job work, and manufacturing overheads.
Ensure accurate period cut-off for GRNs, production confirmations, consumption postings, utilities, and job work expenses.
Review and post plant provisions, accruals, reversals, and ensure periodic clean-up.
Reconciliation of plant sub-ledgers (inventory, GR/IR, CWIP, provisions) with GL.
Review abnormal production losses and ensure correct accounting treatment and disclosure.
Control accounting of inter-plant / inter-unit transfers and ensure correct valuation.
Costing & Product Cost Control (Core Accountability)
Ownership of product costing in SAP (standard and actual).
Review and analyze:
Material price and usage variances
Production and conversion variances
Over/under absorption of overheads
Monitor yield loss, scrap, rejection, rework, and abnormal losses and assess cost impact.
Review batch-wise / lot-wise cost deviations and abnormal variances.
Support standard cost revisions due to RM price changes, yield variations, or process improvements.
Track cost of trial runs, validation batches, and development batches and ensure correct treatment.
Prepare product-wise and plant-wise cost sheets and profitability analysis.
Partner with plant stakeholders to identify cost leakages and drive improvement.
Inventory Accounting & Valuation
Control accounting and valuation of raw materials, packing materials, WIP, finished goods, spares, and consumables.
Ensure correct inventory valuation methodology as per SAP configuration.
Monthly inventory reconciliation between SAP stock, physical stock, and GL balances.
Review inventory ageing and identify slow-moving, non-moving, obsolete, or expired items.
Recommend and process inventory provisions and write-offs.
Plan and supervise cycle counts and annual/ quarterly/ monthly physical stock verification.
Investigate inventory variances and ensure corrective actions.
Monitor and resolve negative stock situations.
SAP FI–CO, MM & PP Process Control
Hands-on ownership of SAP FI–CO and SAP COPA processes at plant level.
Strong control over GR/IR ageing, material consumption postings, production order settlement, and variance postings.
Ensure correct use of cost centers, internal orders, production orders, budgets, and commitments.
Review and control open GR/IR, open production orders, and open internal orders.
Ensure no manual FI postings bypassing MM/PP for inventory-impacting transactions.
Review and control master data impacting costing (material master, valuation classes, BOMs, routings).
Coordinate with SAP/IT teams for process improvements, upgrades, and issue resolution.
MIS, Budgeting & Governance
Prepare detailed plant MIS covering:
Cost vs standard
Cost vs budget
Inventory movement and ageing
Yield and variance analysis
Support annual plant budgeting and periodic forecasts.
Develop early-warning indicators for cost overruns, inventory build-up, and yield deterioration.
Maintain plant cost dashboards for management review
Audit Coordination, Compliances and Controls
Act as a point of contact for external auditors in relation to plant accounting.
Address audit queries in a timely and efficient manner.
Ensure compliance with standards, internal SOPs, and approval matrices.
– Surat SEZ (SACHIN) for one year. If an opportunity arises, the candidate may relocate to New Jersey, USA or United Kingdom for a long-term assignment, subject to a minimum bond period of 3-4 years.
- Manufacturing
- 6 days WFO in Surat
:
Responsible for the financial management and reporting of manufacturing operations. This role requires a deep understanding of manufacturing processes, cost accounting, and financial analysis to ensure accurate financial planning, budgeting, and performance evaluation. The ideal candidate will have a strong background in manufacturing finance, exceptional analytical skills, and the ability to drive continuous improvement initiatives.
:
Professional certification: Qualified CA/CPA.
Minimum 4-6 years of experience in a similar role
Strong knowledge of IGAAP, Ind AS, US GAAP and cross-border compliance requirements.
Proficient in accounting systems and MS Excel;
Experience in SAP is a must.
Excellent analytical, organizational, and communication skills
Excellent verbal and written communication skills
:
Plant Accounting & Financial Closure
Ensure monthly, quarterly, and annual closures within defined timelines.
Accounting and control of raw material consumption, WIP movement, finished goods production, utilities, job work, and manufacturing overheads.
Ensure accurate period cut-off for GRNs, production confirmations, consumption postings, utilities, and job work expenses.
Review and post plant provisions, accruals, reversals, and ensure periodic clean-up.
Reconciliation of plant sub-ledgers (inventory, GR/IR, CWIP, provisions) with GL.
Review abnormal production losses and ensure correct accounting treatment and disclosure.
Control accounting of inter-plant / inter-unit transfers and ensure correct valuation.
Costing & Product Cost Control (Core Accountability)
Ownership of product costing in SAP (standard and actual).
Review and analyze:
Material price and usage variances
Production and conversion variances
Over/under absorption of overheads
Monitor yield loss, scrap, rejection, rework, and abnormal losses and assess cost impact.
Review batch-wise / lot-wise cost deviations and abnormal variances.
Support standard cost revisions due to RM price changes, yield variations, or process improvements.
Track cost of trial runs, validation batches, and development batches and ensure correct treatment.
Prepare product-wise and plant-wise cost sheets and profitability analysis.
Partner with plant stakeholders to identify cost leakages and drive improvement.
Inventory Accounting & Valuation
Control accounting and valuation of raw materials, packing materials, WIP, finished goods, spares, and consumables.
Ensure correct inventory valuation methodology as per SAP configuration.
Monthly inventory reconciliation between SAP stock, physical stock, and GL balances.
Review inventory ageing and identify slow-moving, non-moving, obsolete, or expired items.
Recommend and process inventory provisions and write-offs.
Plan and supervise cycle counts and annual/ quarterly/ monthly physical stock verification.
Investigate inventory variances and ensure corrective actions.
Monitor and resolve negative stock situations.
SAP FI–CO, MM & PP Process Control
Hands-on ownership of SAP FI–CO and SAP COPA processes at plant level.
Strong control over GR/IR ageing, material consumption postings, production order settlement, and variance postings.
Ensure correct use of cost centers, internal orders, production orders, budgets, and commitments.
Review and control open GR/IR, open production orders, and open internal orders.
Ensure no manual FI postings bypassing MM/PP for inventory-impacting transactions.
Review and control master data impacting costing (material master, valuation classes, BOMs, routings).
Coordinate with SAP/IT teams for process improvements, upgrades, and issue resolution.
MIS, Budgeting & Governance
Prepare detailed plant MIS covering:
Cost vs standard
Cost vs budget
Inventory movement and ageing
Yield and variance analysis
Support annual plant budgeting and periodic forecasts.
Develop early-warning indicators for cost overruns, inventory build-up, and yield deterioration.
Maintain plant cost dashboards for management review
Audit Coordination, Compliances and Controls
Act as a point of contact for external auditors in relation to plant accounting.
Address audit queries in a timely and efficient manner.
Ensure compliance with standards, internal SOPs, and approval matrices.
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