Head Plant And Finance

Role & responsibilities

• * Lead overall plant finance operations, ensuring financial performance, profitability, EBITDA improvement, and effective risk management.
• * Drive cost optimization, revenue enhancement, working capital management, and identification of additional revenue streams.
• * Identify and maximize government incentives, state subsidies, fiscal benefits, and other applicable financial appropriations.
• * Lead annual budgeting, forecasting, and Zero-Based Budgeting (ZBB) processes, ensuring alignment with organizational objectives.
• * Monitor financial performance, analyze budget variances, and establish effective financial control mechanisms across departments.
• * Evaluate strategic investments, CAPEX proposals, and business projects through financial modelling, scenario analysis, risk assessment, and investment evaluation.
• * Oversee financial accounting, preparation and analysis of financial statements, management reporting, and timely closure of financial records.
• * Manage inventory accounting, material accounting, working capital, conversion costs, and inventory obsolescence optimization.
• * Ensure compliance with applicable statutory and regulatory requirements, including Income Tax, GST, MSME Act, CARO, LODR, SEBI, FEMA, and other relevant regulations.
• * Establish robust internal financial controls, review financial processes, and implement SOPs to ensure regulatory compliance and operational efficiency.
• * Coordinate with internal and external auditors for statutory audits, tax audits, physical verification, audit observations, and timely closure of audit reports.
• * Handle tax assessments, litigation management, notices, appeals, and coordination with tax authorities, consultants, and legal advisors.
• * Drive finance transformation through automation, digitization, paperless accounting, and process improvement initiatives.
• * Identify opportunities for implementing advanced technology, financial analytics, and automation to improve accuracy, transparency, and efficiency across finance operations.
• * Lead, mentor, and develop the plant finance team through performance monitoring, training, job rotation, and capability-building initiatives.
• * Work closely with Plant Heads, Operations, Engineering, Procurement, HR, and other cross-functional teams to support business decisions and achieve financial objectives.

Preferred candidate profile

• Chartered Accountant (CA) with extensive experience in Plant Finance, Manufacturing Finance, and Financial Management.
• Strong experience in independently managing finance operations of a manufacturing plant, including financial accounting, costing, budgeting, forecasting, and financial controls.
• Hands-on expertise in EBITDA improvement, cost optimization, working capital management, inventory management, and profitability analysis.
• Strong understanding of Zero-Based Budgeting (ZBB), annual business planning, financial modelling, CAPEX evaluation, and investment analysis.
• Good knowledge of statutory and regulatory compliances, including GST, Income Tax, MSME Act, CARO, SEBI, LODR, FEMA, and other applicable laws.
• Experience in handling internal and external audits, tax assessments, litigation management, and coordination with statutory authorities.
• Strong understanding of manufacturing operations, material accounting, inventory valuation, costing, conversion ratios, and financial performance monitoring.
• Proficiency in SAP, MS Office, and Advanced Excel, with exposure to financial analytics, automation, and digital transformation initiatives.
• Experience in identifying and implementing process improvements, financial automation, digitization, and robust internal control mechanisms.
• Proven experience in leading and developing finance teams, managing cross-functional stakeholders, and providing strategic financial insights to business leadership.
• Strong leadership, analytical, problem-solving, decision-making, and business partnering skills.
• Candidates from large-scale manufacturing, automotive, chemical, engineering, metals, or other process manufacturing industries will be preferred.