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Plant Finance Head

Job in 600001, Chennai, Tamil Nadu, India
Listing for: Randstad India
Full Time position
Listed on 2026-09-21
Job specializations:
  • Finance & Banking
    Financial Compliance, Financial Reporting, Financial Manager, Accounting & Finance
Job Description & How to Apply Below
Key Responsibilities
Financial Management & MIS:  Lead plant GL, AP/AR, costing, and payroll. Ensure Ind-AS compliance, month/quarter/year-end book closures, and accurate SAP records with budget variance reporting.
Budgeting & Cost Optimization:  Monitor CAPEX/OPEX budgets and drive plant-level forecasting. Partner with the Commercial team to negotiate vendor/contract rates and minimize operational costs.
Costing & Profitability:  Oversee standard/actual costing, variance analysis, BOM routing, overhead absorption, yield losses, and contribution margins to drive efficiency.
Compliance & Audit Management:  Manage statutory payments/returns (GST, TDS, PF, ESI), Direct/Indirect tax compliance, and lead statutory, internal, cost, and GST audits.
Treasury & Working Capital:  Optimize plant cash flows, vendor payments, bank relationships, and working capital cycles (inventory, payables, receivables).
Insurance & Risk:  Manage plant insurance coverage (IAR/LOP) to prevent over/under-coverage and lead insurance claim processes.
Trust Administration:  Serve as Trustee for the Exempted PF Trust and manage trust-related financial administration.
Leadership & Business Partnering:  Mentor the plant finance team and serve as the primary finance link between plant leadership and the CFO/HO.
Key Requirements

Qualification:

Qualified  CA  or  ICWA (CMA) .

Experience:

14–20 years  of post-qualification experience with at least  10 years in a senior leadership role  within plant finance.
Industry Focus:  Strong exposure to the  Manufacturing / Chemical  sector (multi-product plant experience strongly preferred).
Technical

Skills:

Mandatory expertise in  SAP (FI/CO modules) , product costing, CAPEX/OPEX management, and treasury.
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