Finance Manager For Fabrication Plant - Bhilai , Chhattisgarh (Durg)

4 days left

Employer Vinayak Outsourcing Works

Location Durg

Posted Jul 16, 2026

Closes Jul 20, 2026

Ref 5729725793

Role Finance Manager

Level Manager

Certification CMA: Preferred

Work Mode Work from office

Hours Full Time

Organization Type Academia, Corporate

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Job Description: A Finance Manager for a fabrication plant is responsible for overseeing all financial operations, cost accounting, and inventory management at the manufacturing facility. This role combines high-level financial analysis with operational business partnering to drive cost-saving initiatives, optimize working capital, and ensure compliance with statutory and internal controls. The position requires a \"hands-on\" approach to manufacturing costing, BOM (Bill of Materials) analysis, and ERP system usage (e.g., SAP). Key Responsibilities

• Manufacturing Finance & Costing: Lead product costing, BOM analysis, material variance analysis, and overhead allocation.
• Inventory & Capex Management: Monitor inventory valuation, stock reconciliation, WIP (Work-in-Progress), and capital expenditure (CAPEX) tracking.
• Budgeting & Forecasting: Develop annual factory budgets and monthly financial forecasts in coordination with the plant head and operations teams.
• Financial Reporting & MIS: Prepare timely monthly, quarterly, and annual financial statements, including MIS reports and variance analysis.
• Compliance & Audit: Ensure adherence to tax regulations (GST, TDS, Corporate Tax), internal controls, and statutory compliance, managing internal and external audits.
• Business Partnering: Collaborate with production, supply chain, and procurement teams to improve efficiency and reduce manufacturing costs.
• Team Leadership: Guide, mentor, and manage the plant accounting team.

Required Qualifications & Skills

• Education: Bachelor’s degree in Finance, Accounting, or Commerce (CA, CMA, or MBA Finance preferred).
• Experience: 5-10+ years of progressive experience in finance, with significant experience in manufacturing, factory operations, or plant finance.
• Technical Skills: Proficiency in ERP systems (SAP preferred) and advanced MS Excel.
• Industry Knowledge: Deep understanding of inventory valuation (IAS 2/IndAS) and standard costing models.
• Soft Skills: Strong analytical ability, leadership skills, and the capacity to explain financial data to non-finance personnel.

Typical Reporting Line

• Directly to the Plant Head, Factory Manager, or General Manager (Finance).
• Functional reporting to Corporate Finance or CFO.

JOB APPLY

http://jobs.vinayakjob.com/

CONTACT DETAILS -

Name - MANISHA SAHU

Number - 91099 93513

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