Euler Motors - General Manager/Assistant General Manager - Plant Finance
Job Description
We are looking for a seasoned finance professional to lead the plant finance function, ensuring strong financial governance, cost control, compliance, and business partnering with plant operations. The role will play a critical part in driving profitability, operational efficiency, and financial discipline at the manufacturing unit.
Key Responsibilities
- Financial Planning & Analysis (FP&A):
- Lead annual budgeting, forecasting, and long-term financial planning for the plant
- Monitor actual performance vs. budget and drive variance analysis
- Provide actionable insights to improve plant profitability and efficiency
- Cost Control & Optimization:
- Drive cost control initiatives across manufacturing, procurement, and supply chain
- Analyze product costing, standard costing, and variance (material, labor, overhead)
- Identify cost-saving opportunities and implement process improvements
- Plant Accounting & Reporting:
- Oversee plant-level accounting, month-end closing, and financial reporting
- Ensure accurate inventory valuation and reconciliation
- Maintain strong controls over fixed assets and capital expenditure tracking
- Inventory & Working Capital Management:
- Monitor inventory levels, slow/non-moving stock, and obsolescence provisions
- Optimize working capital by improving inventory turns and receivables/payables cycles
- Collaborate with operations to ensure efficient material management
- Compliance & Internal Controls:
- Ensure adherence to statutory regulations, internal audit, and SOX/compliance frameworks
- Strengthen internal controls and governance processes
- Coordinate with auditors (internal & external) for plant audits
- Business Partnering:
- Work closely with Plant Head and cross-functional teams (Operations, Procurement, Supply Chain)
- Support decision-making through financial insights and scenario analysis
- Evaluate capex proposals and ROI analysis for new investments
- Team Leadership:
- Lead and mentor the plant finance team
- Drive capability building and performance management within the team
- Qualified CA / CMA / MBA (Finance)
- 12-15 years of experience in plant finance / manufacturing finance
Looking to get Placed? Try our Placement Guarantee Plan
- Strong exposure to costing, inventory management, and plant operations
- Experience in industries like manufacturing, FMCG, automotive, chemicals, or engineering preferred
- Proficiency in ERP systems (SAP/Oracle) and advanced Excel
- Strong analytical, stakeholder management, and leadership skills
- Hands-on experience in standard costing & variance analysis
- Knowledge of lean manufacturing / cost optimization frameworks
- Ability to work in a fast-paced, multi-functional environment
- Improvement in plant cost efficiency and margins
- Accuracy and timeliness of financial reporting
- Reduction in inventory holding and working capital cycle
- Strong audit and compliance track record
Skills
AccountingBudgetingCapexErp SystemsFinance FunctionFinancial GovernanceCost ControlCostingErpFinancial Planning & AnalysisFixed AssetsInventory ManagementPlant AccountingPayablesCaFinanceReconciliationIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Important dates & deadlines?
Application Deadline
17 Jun 26, 01:23 PM IST
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