Euler Motors - General Manager/Assistant General Manager - Plant Finance

Department Icon Accounting & Finance
137+ Applicants
Posted: 2 days ago
12-15 years
Bawana, Delhi
work from office

Posted: 2 days ago
|
Applicants: 137+
Job Description
About Company
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Job Description

Role Overview
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
Key Requirements
  • Qualified CA / CMA / MBA (Finance)
  • Looking to get Placed? Try our Placement Guarantee Plan

    12-15 years of experience in plant finance / manufacturing finance
  • 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
Preferred 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
Key Success Metrics
  • 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
(ref:iimjobs.com)

Skills

AccountingBudgetingCapexErp SystemsFinance FunctionFinancial GovernanceCost ControlCostingErpFinancial Planning & AnalysisFixed AssetsInventory ManagementPlant AccountingPayablesCaFinanceReconciliation

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About Company

Euler Motors is an Indian electric vehicle manufacturer. They design, manufacture, and sell electric vehicles.

Important dates & deadlines?

Application Deadline

17 Jun 26, 01:23 PM IST

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Euler Motors - General Manager/Assistant General Manager - Plant Finance

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