Emotorad - Plant Finance Manager

Company Description

We see ourselves as a bunch of crazy maniacs who refuse to understand It Can Not Happen.

People know us for building the most awesome e-bikes (electric bicycles) but, how we see it is We believe we are changing the world, one e-bike at a time, and playing a part in bringing India to the Global map for EVs.

The company aims to bring across top-quality eBikes which would currently cost way more in the Indian market at an affordable price utilizing its local sourcing and manufacturing capabilities.

• Lets talk numbers. We are currently the market leader in India across the e-bike category and are just on the verge of announcing our series C.
• Having grown from a team of 5 to 150+ across the globe, from a small garage to offices across 15 countries and clocking in INR 300+ Cr revenue in first three years of operations.
• We have raised a series B from global investors.
• We think this is a great start to our exciting journey.
• Come, join us, help us transform the world, mobility, and have a blast while doing it! Think you are the right fit Feel free to apply!

Job Summary

We are seeking a highly skilled Plant Finance Manager with a strong background in finance and accounting to take control over inventory, requisitions, and the Procure-to-Pay (P2P) policy at our manufacturing plant.

The ideal candidate should have 5+ years of PQE as a Chartered Accountant (CA) or Cost and Management Accounting (CMA) with expertise in manufacturing processes, direct and indirect costs management, conversion costing, and compliance within a manufacturing setup.

Key Responsibilities

• Inventory and Requisition Control: Oversee the financial aspects of the inventory management, procurement, and material requisitions in line with the budget defined in the AOP.
• Conversion Costing: Implement processes for reporting the conversion costing of the manufacturing process and highlight deviations from the costs considered in the AOP.
• P2P Policy Implementation: Enforce and optimize the Procure-to-Pay (P2P) process, ensuring adherence to company policies and financial regulations.
• Cost Control and Optimization: Monitor plant expenses, conduct variance analysis, and implement cost-saving measures.
• Financial Planning and Budgeting: Prepare plant financial reports, budgets, and forecasts, ensuring alignment with business goals.
• Compliance and Audit: Ensure compliance with financial and tax regulations, oversee internal and external audits related to plant finance.
• Vendor and Supplier Payments: Manage accounts payable, ensure timely payments, and maintain relationships with key suppliers.
• ERP and Financial Systems: Leverage ERP systems to track financial transactions, inventory movement, and procurement efficiency.
• Cross-functional Collaboration: Work closely with operations, supply chain, and procurement teams to align financial strategies with business CA or CMA qualification with at least 5+ years of PQE in plant finance of a manufacturing entity.
• Strong knowledge of inventory management, procurement processes, and P2P policies.
• Hands-on experience in cost accounting, financial reporting, and budgeting.
• Proficiency in ERP systems, SAP, or similar financial tools.
• Solid understanding of taxation, compliance, and audit procedures in a manufacturing environment.
• Excellent analytical skills, problem-solving abilities, and attention to detail.
• Strong communication and stakeholder management skills.

• Be part of a rapidly scaling global EV brand.
• Opportunity to own and drive revenue processes in a high-impact role.
• Work in a dynamic, innovation-first culture with global exposure.
• Competitive compensation and growth opportunities.

(ref:iimjobs.com)