Salary: Open
Employment Type: Permanent
Sub-industry: Chemicals & Plastics
Function: Finance & Accounting

Company Overview

Our client is a leading Indian manufacturer of Specialty Chemicals and Pharmaceuticals with a global footprint. Organization generated a revenue of INR 5000 Cr plus in FY22 and has 20 manufacturing units with 7100+ employees

Job Description

1) Business Case Development w.r.t Process Initiatives
- Perform cost benefit analysis and assist in developing business cases of the Process Initiatives (PII and PIC) to be undertaken during the year to give the manufacturing team a
view of which initiatives would be vital to undertake from a financial lens.

2) Financial Analytics and Decision Support
Insight Generation w.r.t manufacturing excellence and cost control:
- Drawing financial insights from the reports shared by the Analytics COE team. These insights could be related to production cost , financial parameters like Manufacturing Cycle
Efficiency , Inventory Turnover , Revenue per employee etc. , process block performance for the Zonal and Plant heads to help them manage their operations in an efficient manner
- Analyze dashboards and reports to provide insights on the plant performance in terms of the efficiency in manufacturing process and the costs incurred at various stages
- Obtain cash flow forecasts and funding estimates from the treasury team for the new products that will be manufactured to deliberate with the Zonal Heads and Plant Heads on
the financial viability of making the products
- Enabling data driven decision support by analyzing the historical trend of efficiencies achieved through manufacturing , any opportunities missed during manufacturing etc. This
historical trend analysis would help the Zonal operations verticals in making informed manufacturing related decisions.
- Obtain the sales report from the business team to identify the customer preferences in terms of the final product they are procuring and in what quantities
- Obtain the product cost related reports to analyze the cost components that go into making the product , thereby identifying cost improvement opportunities along with the
manufacturing excellence team
- Assist in analyzing the efficiency of the equipment being used , activities being consumed , material being used to manufacture products at various plants
Business Support and Collaboration:
- Assist the manufacturing excellence team in getting the data for product costing from the finance team
- Collaborate with the operational excellence team and plant heads to identify opportunities and areas where manufacturing process can be enhanced to improve productivity
- Coordinate with the business team on the RM / PM related requirements of the plants for FG manufacturing based on the BOM finalized
- Collaborate with the business team to identify the vendors from whom the RM / PM needs to be procured
Defining the levels and dimensions for report creation:
- Define the levels and dimensions of the Ad-Hoc reports and dashboards to be created by the Analytics COE team to depict the plant performances in terms of production and costs
incurred etc.
- Provide the Analytics COE with the necessary assistance in building the report wireframes and help them identify sources from where the data can be pulled to prepare the Ad Hoc

3) Performance Management
Zonal Budgeting and Forecasting Inputs:
- Provide the Budgeting and Forecasting team with any zonal budgeting and forecasting related inputs
- Assist in adhering to the budget calendar when submitting the plans , budgets and forecasts
- Review assumptions used for preparation of budgets, forecasts and provide updates to budget templates if any
- Discuss the revised cost projections and assumptions considered at the time of monthly performance review and forecasting
- Assisting the teams in Manufacturing pillar in making operational plans to meet any short term goals if any
Transaction Level Monitoring of manufacturing activities at Zonal Level:
- Draft / update performance management elements and KPIs for the pillar
- Closely track and monitor operational performance including revenues, expenses and overheads of the plants and compare them with the budgeted figures
- Report cost and production deviation with anomalies to the concerned stakeholders for their review
- Track the manufacturing cost overruns , safety issues and quality mismatches and align with key stakeholders for the explanation
- Stay aware of the external and internal financial factors that might affect manufacturing performance. These factors could range from a RM price increasing in the market due to
shortage in supply to a chemical leakage at any of the plants. Such factors would eventually adversely affect the manufacturing efficiency
- Monitor the inventory levels and provide insights w.r.t re-order levels , optimal inventory for the next production cycle , fast moving and slow moving inventory to plan the
manufacturing cycle for different products


Experience- 8-10 years of experience in leading cross-functional business partnering role, preferably in the manufacturing / chemical industry

Location- Dahej / Jhagadia / Vapi ( Have choice)

Job reference: JO-220326-281034

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