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Euler Motors
Manager

Euler Motors - General Manager/Assistant General Manager - Plant Finance

Euler MotorsVisit website ↗·Posted 2 months ago

Location

Bawana, Delhi, India

Experience

15+ years

Required Skills

SAPExcel

About the Role

Role Overview We are looking for a seasoned finance professional to lead the plant finance function, ensuring strong financial governance, cost control, compliance, and business partnering with plant operations. The role will play a critical part in driving profitability, operational efficiency, and financial discipline at the manufacturing unit.

Key Responsibilities

  • • Financial Planning . Analysis (FP.A):

  • • Lead annual budgeting, forecasting, and long-term financial planning for the plant

  • • Monitor actual performance vs. budget and drive variance analysis

  • • Provide actionable insights to improve plant profitability and efficiency

  • • Cost Control . Optimization:

  • • Drive cost control initiatives across manufacturing, procurement, and supply chain

  • • Analyze product costing, standard costing, and variance (material, labor, overhead)

  • • Identify cost-saving opportunities and implement process improvements

  • • Plant Accounting . Reporting:

  • • Oversee plant-level accounting, month-end closing, and financial reporting

  • • Ensure accurate inventory valuation and reconciliation

  • • Maintain strong controls over fixed assets and capital expenditure tracking

  • • Inventory . Working Capital Management:

  • • Monitor inventory levels, slow/non-moving stock, and obsolescence provisions

  • • Optimize working capital by improving inventory turns and receivables/payables cycles

  • • Collaborate with operations to ensure efficient material management

  • • Compliance . Internal Controls:

  • • Ensure adherence to statutory regulations, internal audit, and SOX/compliance frameworks

  • • Strengthen internal controls and governance processes

  • • Coordinate with auditors (internal . external) for plant audits

  • • Business Partnering:

  • • Work closely with Plant Head and cross-functional teams (Operations, Procurement, Supply Chain)

  • • Support decision-making through financial insights and scenario analysis

  • • Evaluate capex proposals and ROI analysis for new investments

  • • Team Leadership:

  • • Lead and mentor the plant finance team

  • • Drive capability building and performance management within the team


    • Key Requirements

  • • Qualified CA / CMA / MBA (Finance)

  • • 12-15 years of experience in plant finance / manufacturing finance

  • • Strong exposure to costing, inventory management, and plant operations

  • • Experience in industries like manufacturing, FMCG, automotive, chemicals, or engineering preferred

  • • Proficiency in ERP systems (SAP/Oracle) and advanced Excel

  • • Strong analytical, stakeholder management, and leadership skills


    • Preferred Skills

  • • Hands-on experience in standard costing . variance analysis

  • • Knowledge of lean manufacturing / cost optimization frameworks

  • • Ability to work in a fast-paced, multi-functional environment


    • Key Success Metrics

  • • Improvement in plant cost efficiency and margins

  • • Accuracy and timeliness of financial reporting

  • • Reduction in inventory holding and working capital cycle

  • • Strong audit and compliance track record


    • (ref:iimjobs.com)

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