SUMMARY:
This role involves working closely with Regional Finance, Manufacturing and Procurement departments
POSITION INFO:
Financial Controller: Manufacturing and Procurement
Job Purpose
The Financial Controller: Manufacturing and Procurement is responsible for managing and overseeing the financial aspects of the company’s Manufacturing and Procurement activities. This role involves working closely with Regional Finance, Manufacturing and Procurement departments to drive controls, process, SOPs, cost optimisation, and reporting.
Key Accountabilities and Outputs
Cost Management:
- • Identify areas for cost savings and implement initiatives to optimise Manufacturing and Procurement.
- • Tracking of yield, variable cost, fixed cost, overtime and procurement cost.
- • Identify, plan and monitor cost optimisation in Manufacturing and Procurement.
Internal control and Compliance
- Ensuring SOPs are in place and compliance in with SOPs for Manufacturing and Procurement activities.
- Ensuring controls are exercised for physical movement of goods and periodic physical verification is done.
- Monitor Manufacturing and Procurement cost against AOP objectives.
- Ensuring effective and up to date workflows are in place for decision making.
Financial reporting and analysis
- Tracking and publishing KPIs for Manufacturing and Procurement.
- Preparing and sharing region wise product costing.
- Driving SKU rationalisation periodically.
- Optimising inventory management within all plants.
Strategic Thinking
- Identifies and fills gaps in information required to understand strategic issues within Manufacturing and Procurement activities.
- Formulates a "Big picture" understanding.
- Ability to organise information and data to identify or explain trends, problems, and causes; compares and combines information to identify underlying issues.
- Develops and evaluates strategies to achieve long-term goals; establishes decision criteria by assessing cost, benefits, risks, timing, and stakeholder buy-in, and selects the approach most likely to succeed.
- Identifies the key tasks and resources needed to achieve objectives.
- Ensures strategies are executed; monitors results and makes adjustments as needed.
- Driving Technology for Decision Making
- Partners with both Manufacturing and Procurement teams to ensure cost optimisation opportunities.
- Leveraging SAP for driving controls and reporting for Manufacturing and Procurement.
- Leveraging BI for creating and monitoring dashboards.
Qualifications and Experience
- Education: Bachelor’s degree in finance, Accounting, Manufacturing, Procurement or a related field. Professional certifications (CA).
- Experience: At least 10 years of experience in FMCG. Proven experience with financial analysis, budgeting, Manufacturing, Procurement and cost management.
Behavioural Competencies
- Applies strong analytical and problem-solving skills to interpret financial data and support sound business decisions.
- Uses financial and ERP systems (e.g., SAP, Power BI, Excel) effectively to model, analyze, and present financial insights.
- Demonstrates commercial awareness and understanding of supply chain processes and cost structures to drive efficiency.
- Communicates financial information clearly and persuasively to senior management and cross-functional teams.
- Maintains accuracy and composure under pressure, ensuring high-quality analysis and reporting.
- Thinks strategically and proactively identifies financial risks, opportunities, and areas for process improvement.
- Collaborates effectively across functions to lead and influence financial initiatives within the supply chain.
Additional Information:
- Fully office-based position, with national travel to all regions.
