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Finance Manager For Fabrication Plant - Bhilai , Chhattisgarh

5-10 Years
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Job Description

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Employer IMA India

Location Durg

Posted May 19, 2026

Closes Jun 09, 2026

Ref 5730468075

Role Finance Manager

Level Manager

Certification CMA: Preferred

Work Mode Work from office

Hours Full Time

Employment Type Permanent

Organization Type Academia, Corporate

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4 days left

Employer Vinayak Outsourcing Works

Location Durg

Posted May 15, 2026

Closes May 19, 2026

Ref 5729725793

Role Finance Manager

Level Manager

Certification CMA: Preferred

Work Mode Work from office

Hours Full Time

Organization Type Academia, Corporate

  • You need to sign in or create an account to save
  • Apply(This will open in a new window from which you will be automatically redirected to an external site after 5 seconds)

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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Job ID: 148898513

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