Plant Controller
- Sansera Engineering
- 5 - 10 years
- 1 month ago
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Job Description
Introduction:Sansera Engineering is an engineering-led integrated manufacturer of forged complex and high-precision machined components for the automotive, non-Automotive and Aerospace Semiconductor sectors. With a rich legacy spanning over three decades, Sansera Engineering is committed to delivering quality products to its global clientele. As we continue to expand our operations and workforce, we are seeking an experienced and dedicated individual to join our team.
The role of a Plant Controller
- Accounting & Book Closing
- Bill Booking / invoices accounting.
- Making necessary accrual / provision during month end closing
- Accounting of employee expenses vouchers
- Periodic review of GL statements for accuracy
- Key supplier & customer account reconciliation
- Costing & Cost analysis
- Preparation of Part wise VA analysis & Gross margin analysis
- Analysing production costs and work with plant head on opportunities for cost reduction.
- Allocating costs if required accurately to various departments or products to facilitate decision-making.
- Asset no and cost centre linking and ensure accurate cost centre grouping.
- Reporting and Analysis
- Month end Plant Financial statements.
- Preparing bridge to explain the gaps against budget or any abnormal items or one timer
- Inventory aging report achieve DSI target for plant
- Receivable aging report- Achieve DSO target for plant
- Pending GRIR report
- Expenses analysis and cost control measures.
- Accountable for accuracy in Fixed asset register.
- Budgeting, Forecasting and mapping financial goal of Plants
- Developing financial plans and strategies to support the plant's goals.
- Collaborating with plant management to align financial objectives with operational objectives.
- Assisting in long-term financial planning for the plant.
- Compliance , Regulation & Risk Management
- Ensuring compliance of various law such as Income tax, GST, local authority and so on>
- Updating the relevant compliance proof in the central repository.
- Preparing financial statements in accordance with relevant accounting principles.
- Coordinate with HR and other function and ensure compliance of other functions.
- Auditing and Internal Control
- Implementing internal controls to safeguard plant assets and financial data with the help of corporate team.
- Facilitating external audits and ensuring audit compliance
- Corrective action and implementation of audit observations
- Periodic monitoring of internal control check points
- Achieve internal audit rating target % for the plant
- Working Capital management & Fixed assets monitoring
- Monitoring of Inventory reports for category wise overall inventory, slow moving inventory and inventory on days requirements.
- Periodic physical inventory stock taking
- Receivable aging monitoring
- Monitoring of Idle asset
- Periodic physical stock taking of plant fixed assets.
- Monitoring of on time capitalisation of Fixed assets
- Checking depreciation posting for correctness of posting.
- Communication and Collaboration
- Collaborating with cross-functional teams, including operations and procurement.
- Communicating financial information and insights to non-financial stakeholders.
- Continuous Improvement
- Identifying opportunities for process improvement in financial and accounting functions.
- Staying updated on industry best practices and emerging trends in finance.
- Team Leadership
- Managing a team of financial professionals, if applicable.
- Providing guidance, mentoring, and support to the finance team members.
Roles and Responsibilities
Roles and Responsibilities of a Plant Controller at Sansera Engineering As a Plant Controller at Sansera Engineering, you will play a crucial role in overseeing and managing the financial operations of the companys manufacturing plant. You will be responsible for ensuring that the plant operates efficiently and effectively while also maintaining accurate and thorough financial records. Here are the key roles and responsibilities associated with this position: 1. Financial Planning and Analysis: You will be responsible for overseeing the financial planning and analysis activities of the plant. This includes developing and monitoring the plants budget, conducting financial analysis to identify areas for improvement, and providing financial support for decision-making processes. 2. Cost Control and Optimization: You will work closely with the plant management team to identify opportunities for cost control and optimization. This may involve implementing cost-saving initiatives, analyzing production processes for inefficiencies, and providing recommendations for improving overall plant performance. 3. Financial Reporting: You will be tasked with preparing and presenting accurate and timely financial reports for the plant. This may include monthly financial statements, variance analysis, and other key performance indicators to track the financial health of the plant. 4. Compliance and Risk Management: It is essential for the Plant Controller to ensure that the plant complies with all financial regulations and internal controls. You will be responsible for managing risks associated with financial operations and implementing appropriate controls to mitigate potential threats. 5. Team Leadership and Development: As a Plant Controller, you will lead a team of financial professionals and provide guidance and mentorship to support their professional development. You will also be responsible for fostering a positive and inclusive work environment within the finance department. 6. Continuous Improvement: It will be your responsibility to drive continuous improvement initiatives within the finance function and the plant as a whole. This may involve implementing new systems and processes to streamline financial operations and improve overall efficiency. Overall, the role of a Plant Controller at Sansera Engineering is critical to the financial success and sustainability of the manufacturing plant. If you are a dynamic and results-driven finance professional with a strong track record in cost management and financial analysis, this position may be the perfect fit for you. Join Sansera Engineering and be a part of our commitment to excellence and innovation in the manufacturing industry.
Job Classification
Industry: Auto ComponentsFunctional Area / Department: Finance & AccountingRole Category: FinanceRole: Finance ManagerEmployement Type: Full timeContact Details:
Company: Sansera EngineeringLocation(s): Pantnagar
Keyskills: financial analysis accounts closing production costing variance analysis reconciliation budgeting operations cost control management sap finance plant manufacturing cost management financial planning cost analysis financial planning and analysis financial statements
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