Junior Plant Controller Ambernath Annex — IS & Switchgear Factory | Operations Finance Position Overview Position Junior Plant Controller Location Ambernath Annex — IS & Switchgear Factory, Maharashtra, India Department Operations Finance Reports To Plant Controller – Ambernath Annex Experience 3–4 Years Qualification CMA (ICMAI) — Qualified About the Role This is a core plant finance role — you'll be sitting at the plant, working closely with operations, and owning the numbers that drive manufacturing performance. From tracking hourly rates to building the factory P&L, you'll be the finance partner the plant relies on daily. If you've worked in a manufacturing setup and enjoy being close to the action, this is your kind of role. Key Responsibilities 1. Factory P&L Ownership • Prepare and maintain the monthly Factory P&L for the Ambernath Annex — IS & Switchgear Factory • Track fixed vs. variable costs, analyse deviations, and flag margin risks early • Ensure timely and accurate monthly cost closure 2. Hourly Rate Tracking & Analysis • Capture, compute, and monitor the plant hourly rate (cost per hour) on a monthly basis • Analyse movement in hourly rates — volume-driven vs. cost-driven variances • Present hourly rate trends and bridge analysis to plant leadership 3. Plant KPIs & Operational Excellence • Own and report key plant KPIs — Efficiency %, Productivity %, Earned Hours, Conversion Cost per Hour • Drive Plant Operational Excellence by partnering with operations to identify cost levers and track improvement actions • Prepare monthly plant performance scorecards 4. Productivity Savings • Track and validate productivity savings initiatives at the plant level • Maintain a savings tracker with clear project-wise breakdowns and YTD impact • Coordinate with operations and CI teams to quantify and sign off on realized savings 5. PDSL (Promise Date Service Level) Analysis • Analysis of PDSL Forecast v/s Actuals • Gaps in Understanding why PDSL was not met 6. Rate Contracts & Vendor Rate Management • Review and track rate contracts for key plant services (labour, maintenance, logistics, consumables) • Monitor vendor rates against benchmarks and flag deviations • Support procurement finance in rate negotiations with cost data and spend analytics 7. Headcount Analysis — Hired vs. Required • Maintain and report monthly Headcount Hired vs. Headcount Required for the plant (permanent + contract) • Analyse manpower cost per unit and productivity per head • Flag over/under-staffing and support workforce planning with data 8. Budgeting, Forecasting & MIS • Support annual budgets and periodic rolling forecasts (4+8, 8+4) for plant costs • Prepare plant-level MIS and flash reports • Build bridge analysis — Actuals vs. Budget vs. Prior Year 9. Oracle ERP Operations • Handle day-to-day plant accounting transactions in Oracle — JVs, cost uploads, accruals, reconciliations • Ensure correct cost centre and account mapping • Generate reports and extracts from Oracle for analysis 10. Compliance & Standards • Ensure all plant accounting is in line with applicable Accounting Standards (Ind AS) and Cost Accounting Standards (CAS) • Support internal/external audits with plant-level documentation • Maintain strong internal controls over plant financial processes Must-Have Skills & Qualifications AreaRequirement Qualification CMA (ICMAI) — Qualified Experience 3–4 years in a manufacturing plant finance / plant controlling role Accounting Standards Well-versed with Accounting Standards (Ind AS) and Cost Accounting Standards (CAS) Industry Core manufacturing (mandatory) — preferably heavy engineering, electrical, or process industry ERP Hands-on Oracle ERP experience (GL, Costing, Inventory modules) Cost Accounting Strong understanding of CAS, standard costing, variance analysis, absorption costing Communication Strong verbal and written communication — can present to plant leadership confidently Excel Advanced — pivots, lookups, large data handling, dashboard-level MIS Good to Have • Exposure to Earned Hours methodology and conversion cost frameworks • Experience working with intercompany (ICO) transactions or contract manufacturing setups • Familiarity with CapEx tracking and project accounting • Understanding of energy cost analysis and utility rate tracking What We're Looking For • Someone who's comfortable on the shop floor — not just behind a desk • Can connect the dots between operational actions and financial outcomes • Proactive — doesn't wait for month-end to spot issues • Can explain cost movements in simple language to non-finance teams • Takes ownership of the numbers and drives action, not just reporting