Financial Controller (Plant)

Financial Controller (Plant)Key ResponsibilitiesCost Accounting & Financial ControlMonitor and analyze manufacturing costs, including direct materials, labor, overhead, and compliance-related expenses (e.g., sterilization, validation, quality testing).Maintain and update standard costing models.Conduct variance analysis (material usage, labor efficiency, scrap rates) and report on deviations.Ensure accurate inventory valuation (raw materials, WIP, finished goods) with strict traceability.Budgeting, Forecasting & CAPEX ManagementLead annual budgeting and monthly forecasting for manufacturing operations, including quality and production scale-up costs.Analyze capital expenditures (CAPEX) for new equipment, facility upgrades, or ongoing/expansion investments.Partner with operations to identify cost-saving opportunities.Financial Reporting & CompliancePrepare monthly P&L reports for manufacturing, highlighting key metrics (yield, scrap, rework costs).Support internal and external audits with documentation and financial controls.Ensure adherence with company policies and procedures and apply IFRS mandates in financial reporting.Inventory & Production ControlsOversee cycle counts, physical inventory audits, and reconciliation.Analyze obsolescence risks for components due to design changes or regulatory updates.Track and report on sterilization, shelf-life, and quarantine inventory costs.Process ImprovementIdentify cost-reduction opportunities while ensuring adherence to quality standards.Collaborate with site GM and the leadership team for driving the efficiency.Implement ERP system enhancements for better cost tracking (Oracle).QualificationsProficiency in Financial Statements and managing Fixed Assets.Strong skills in Cost Accounting and Financial Analysis.Excellent Analytical Skills.Educational background in Finance or related field.Experience in manufacturing industry.#J-18808-Ljbffr