Lead - Plant Finance
Welspun World
Lead - Plant Finance
About Welspun World
Welspun World is one of India's fastest growing global conglomerates with businesses in Home Textiles, Flooring Solutions, Advanced Textiles, DI Pipes, Pig Iron, TMT bars, Stainless Steel, Alloy, Line Pipes, Infrastructure & Warehousing.
About Welspun Entity
Sintex by Welspun
Sintex, a Welspun World company is a leading manufacturer of diverse range of plastic products in India, providing liquid storage solutions to billions for last 5 decades, with a strong commitment to innovation and sus
Job Purpose/ Summary
The role will be responsible for driving business planning, budgeting, forecasting, plant and product profitability, MIS, KPI management, cost optimization and project pricing.
The position will work closely with Plant Heads, Operations, Sales, Purchase and senior leadership to translate financial and operational data into actionable business insights and profitability improvement initiatives.
Job Description
FP&A, Budgeting & ForecastingLead the Annual Operating Plan (AOP., budgeting and monthly forecasting process across multiple plants.Prepare and monitor plant-wise and product-wise P&L.Analyze actual performance against budget, forecast and previous year, with clear identification of key business drivers.Prepare and present monthly financial performance reports and MIS to senior management.Develop and monitor financial and operational KPIs across plants.Identify performance gaps and work with stakeholders to develop and track corrective action plans.Provide financial insights to support business planning and strategic decision-making. Multi-Plant Finance ControllershipAct as the Finance Controller for multiple manufacturing locations.Ensure consistent financial controls, reporting processes and performance measurement across plants.Monitor plant-wise cost, profitability, working capital, inventory and cash flow.Drive standardization of finance processes and reporting across manufacturing locations.Conduct periodic financial and operational performance reviews with Plant Heads and functional teams.Ensure timely and accurate monthly financial closure and reporting. Cost Management & Profitability ImprovementMonitor product costing, BOM, routing, activity rates and standard costs.Analyze raw material consumption, conversion costs, fixed overheads and other manufacturing expenses.Conduct budget vs. actual and standard vs. actual cost analysis.Benchmark cost and operational KPIs across plants and identify improvement opportunities.Drive cost reduction, productivity improvement and margin enhancement initiatives.Partner with Operations and Purchase teams to identify opportunities for manufacturing cost optimization. Project Pricing & Commercial FinanceLead financial evaluation and pricing for project and institutional business.Evaluate project enquiries based on raw material cost, conversion cost, logistics, overheads, working capital and target margins.Provide pricing recommendations to Sales and Business teams.Analyze key raw material price movements and assess their impact on product profitability.Support price revisions, discount decisions and commercial negotiations.Ensure pricing decisions are aligned with targeted contribution and profitability. Business PartneringWork closely with Plant Heads, Production, Purchase, Sales, Supply Chain and Corporate Finance.Provide financial and operational insights to improve business performance.Translate financial data into clear business recommendations and action plans.Drive cross-functional initiatives focused on cost, productivity, margin and working capital improvement.Present key financial and operational performance insights to senior leadership. SAP, Power BI & Digital AnalyticsDrive effective utilization of SAP for costing, financial reporting and performance management.Monitor SAP CO processes including standard costing, activity rates, cost centers and product costing.Leverage Power BI and digital analytics tools to improve financial visibility and decision-making.Develop and enhance dashboards for P&L, cost, KPI, inventory, profitability and operational performance.Identify opportunities for finance digitalization, automation and process improvement. Working Capital & Financial ControlsMonitor and improve working capital, inventory and plant cash flow.Identify opportunities for inventory optimization and cash flow improvement.Ensure robust financial controls across multiple plants.Ensure compliance with internal policies, accounting standards and applicable regulatory requirements. Audit & ComplianceCoordinate with Statutory, Internal and Cost Auditors for timely completion of audits.Ensure preparation and maintenance of required cost records and supporting schedules. Address audit observations and strengthen internal financial controls.Ensure timely closure of financial and compliance requirements.
Responsibility
Lead the Annual Operating Plan AOP budgeting and forecasting processes across multiple manufacturing plantsbr Drive plantwise Profit Loss PL management focusing on cost management and profitability improvementbr Implement working capital initiatives to optimize financial performancebr Oversee project pricing and commercial finance to ensure optimal margins and informed business decisionsbr Collaborate with Plant Heads and crossfunctional teams to enhance cost efficiency productivity and overall business performancebr Strengthen financial controls and ensure compliance with audit requirementsbr Utilize SAPPower BI analytics to drive finance digitalization and enhance datadriven decisionmaking across plants
Company Name
Sintex Advance Plastics Limited
Division
Enabling Function
Key Interactions
Finance & Accounts
Relevant Work Experience
5 - 15 Years
Relevant Industry
Manufacturing Industry,Building Material
Education-Qualification
Bachelor,Master
Education-Specialization
Finance,CA
Language Proficiency
ENGLISH,HINDI
Certifications
NA
Skill
Financial Analysis & Financial modeling,Financial Management,Budgeting,Cost Optimisation,Costing
Competency Names
Business & Commercial acumen, Entrepreneurship, Global Mind-set, People Excellence, Financial Analysis & Financial modeling, Budgeting, Costing & Commercial
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