Financial Controller (Plant)

Financial Controller (Plant)

Key Responsibilities:

1. Cost Accounting & Financial Control

- Monitor and analyze manufacturing costs, including direct materials, labor, overhead, and compliance-related expenses (e.g., sterilization, validation, quality testing).

- Maintain and update standard costing models

- Conduct variance analysis (material usage, labor efficiency, scrap rates) and report on deviations.

- Ensure accurate inventory valuation (raw materials, WIP, finished goods) with strict traceability.

2. Budgeting, Forecasting & CAPEX Management

- Lead annual budgeting and monthly forecasting for manufacturing operations, including quality and production scale-up costs.

- Analyze capital expenditures (CAPEX) for new equipment, facility upgrades, or ongoing/expansion investments.

- Partner with operations to identify cost-saving opportunities

3. Financial Reporting & Compliance

- Prepare monthly P&L reports for manufacturing, highlighting key metrics (yield, scrap, rework costs).

- Support internal and external audits with documentation and financial controls.

Ensure adherence with company policies and procedure and apply IFRS mandates in financial reporting

4. Inventory & Production Controls

- Oversee cycle counts, physical inventory audits, and reconciliation

- Analyze obsolescence risks for components due to design changes or regulatory updates.

- Track and report on sterilization, shelf-life, and quarantine inventory costs.

5. Process Improvement

- Identify cost-reduction opportunities while ensuring adherence to quality standards

- Collaborate with site GM and the leadership team for driving the efficiency

- Implement ERP system enhancements for better cost tracking (Oracle)

Qualifications

• Proficiency in Financial Statements and managing Fixed Assets
• Strong skills in Cost Accounting and Financial Analysis
• Excellent Analytical Skills
• Educational background in Finance or related field
• experience in manufacturing industry