Business Finance Controller

Role & responsibilities Business Finance Controller Product Costing Prepare and maintain standard cost sheets for all products. Validate BOM, routing, cycle times, and overhead allocations. Support RFQ costing and customer quotations. Analyze product-wise profitability and contribution margins. Monitor material, labor, and conversion costs. Drive cost reduction and value engineering initiatives. Review tooling, mold, and project costing. Conduct break-even and investment analysis for new products. Track actual cost vs standard cost and recommend corrective actions. Support annual price negotiations with OEM customers. Budgeting & Forecasting Lead Annual Operating Plan (AOP) preparation. Develop revenue, cost, and profitability budgets. Prepare monthly and quarterly forecasts. Consolidate departmental budgets and assumptions. Monitor budget utilization and spending controls. Perform scenario and sensitivity analysis. Review and track Capex budgets. Evaluate ROI for capital investments. Present budget performance to management. Support strategic business planning. Variance Analysis Analyze material price and usage variances. Review labor efficiency and productivity variances. Monitor manufacturing overhead variances. Analyze sales volume, mix, and price variances. Identify root causes of cost overruns. Track plant performance against targets. Prepare monthly variance reports and dashboards. Recommend corrective and preventive actions. Monitor profitability deviations by product and customer. Support monthly business review meetings. Inventory Management Monitor Raw Material, WIP, and Finished Goods inventory. Ensure inventory levels align with production requirements. Track inventory turnover and inventory days. Conduct inventory valuation and reconciliation reviews. Lead physical stock verification and cycle counts. Monitor inventory accuracy in ERP systems. Identify slow-moving and obsolete inventory. Drive inventory optimization and reduction initiatives. Control inventory carrying costs. Support Lean, JIT, and supply chain optimization programs. Working Capital Management Monitor overall working capital performance. Prepare cash flow forecasts and liquidity plans. Manage customer receivables and collection performance. Track DSO and overdue receivables. Optimize supplier payment cycles and DPO. Drive inventory reduction to improve cash flow. Monitor cash conversion cycle (CCC). Coordinate with procurement and sales for working capital improvements. Support banking facilities and working capital funding. Improve operating cash flow and working capital efficiency. Prepare working capital dashboards and management reports. Identify opportunities for cash release from operations. Cross-Functional Responsibilities Partner with Plant Head, Operations, Procurement, Supply Chain, and Sales teams. Drive EBITDA and profitability improvement initiatives. Ensure financial controls and compliance. Support internal and external audits. Develop MIS reports and KPI dashboards. Provide financial insights for strategic decision-making. Lead cost optimization and operational efficiency projects. Support ERP implementation and process improvement initiatives. Preferred candidate profile : Automobile Ancillary Manufacturing - Candidates .