Financial Controller (Plant)

Financial Controller (Plant) Key Responsibilities

• Cost Accounting & Financial Control
  • Monitor 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 Management
  • Lead 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 & Compliance
  • Prepare 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 Controls
  • Oversee 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 Improvement
  • Identify 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).

Qualifications

• Proficiency 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.