To provide strategic and operational leadership for the Finance & Accounting function, ensuring accurate and timely financial reporting, strong governance and internal controls, disciplined cost management, effective working-capital stewardship, regulatory compliance, robust MIS and decision support. The role partners closely with manufacturing, supply chain, commercial and corporate functions to improve profitability, protect assets and support sustainable business growth.
KEY RESPONSIBILITIES 1. Financial Accounting, Reporting & Period Close- Lead and control monthly, quarterly and annual financial close activities, ensuring completeness, accuracy and adherence to reporting timelines.
- Ensure integrity of the general ledger, trial balance, financial statements, balance-sheet schedules and accounting records.
- Review material journals, provisions, accruals, prepayments, allocations and account classifications.
Ensure timely resolution of aged reconciling items and reporting exceptions.
Success Measures
On-time period close
Accuracy of financial statements
Unreconciled and aged-item reduction
Audit adjustment levels
- Own the manufacturing costing framework, including standard costing, product costing, bills of material, routings, overhead absorption and activity-based cost drivers.
- Analyse raw-material, packaging, labour, utility, yield, waste, usage, purchase-price and production-volume variances.
- Partner with plant and operations teams to establish root causes, corrective actions and measurable cost-reduction initiatives.
- Monitor cost per unit/MT, conversion cost, loss factors, capacity utilization impact and inventory valuation.
- Ensure new products and process changes are costed accurately before commercial decisions are made.
Success Measures
Cost per unit/MT
Manufacturing variance closure
Accuracy of standard and actual costing
Savings validated and delivered
Inventory valuation accuracy
Lead the annual budget, rolling forecast and long-range financial planning process.
Translate operating plans into revenue, margin, cost, cash-flow and capital requirements.
- Track actual performance against budget, forecast and prior periods, highlighting drivers, risks and recovery actions.
Ensure accountability for agreed financial targets across functions.
Success Measures
Budget and forecast accuracy
Timeliness of submissions
Variance-action closure
Achievement of agreed financial targets
- Define and maintain a concise management information system covering profitability, margins, costs, working capital, cash flow, capex and operational drivers.
- Convert SAP and operational data into clear insights, trends, exceptions and recommended actions.
Provide product, customer, channel, SKU and plant profitability analysis to support decisions.
- Ensure a single, reconciled source of financial truth across statutory, management and operational reporting.
Success Measures
Accuracy and timeliness of MIS
Actionable insights generated
Management report consistency
Reduction in manual reporting and data disputes
- Provide functional leadership for SAP Finance and Controlling processes, master-data governance and system-based controls.
- Ensure correct use of cost centres, profit centres, internal orders, material masters, account assignments and approval workflows.
- Drive automation, standardization and elimination of offline workarounds that weaken control or data quality.
Partner with IT and process owners to test and implement approved SAP improvements.
Success Measures
SAP data accuracy
Reduction in manual adjustments
Master-data error levels
Process automation delivered
Control exceptions resolved
- Establish and maintain a robust financial-control environment, clear policies, delegated authorities and segregation of duties.
- Protect company assets through preventive and detective controls covering cash, inventory, fixed assets, payments and revenue.
Identify financial, process and fraud risks and ensure timely remediation.
Maintain complete audit trails and supporting documentation.
Success Measures
Control effectiveness
Open control issues
Loss and fraud incidents
Policy compliance
Timeliness of remediation
Drive working-capital improvement across receivables, inventory and payables.
Provide reliable cash-flow forecasts and visibility of funding requirements.
Strengthen credit, collection, payment and inventory-finance controls.
- Partner with supply chain and commercial teams to release cash without disrupting operations or growth.
Success Measures
Cash-flow forecast accuracy
DIO/DSO/DPO performance
Overdue receivables
Slow-moving and obsolete inventory
Working-capital release
- Ensure compliance with applicable accounting standards, tax requirements, company policies and statutory reporting obligations.
- Coordinate internal and external audits and ensure timely, evidence-based closure of findings.
- Maintain accurate tax computations, returns, reconciliations and supporting records in partnership with relevant specialists.
Monitor changes in financial and regulatory requirements and implement necessary controls.
Success Measures
On-time statutory submissions
Tax and audit exposure
Audit findings closed
Penalties and compliance breaches
- Act as a strategic finance partner to manufacturing, supply chain, procurement, sales and commercial leadership.
- Evaluate pricing, margins, promotions, sourcing choices, make-or-buy decisions, capex and operational improvement cases.
- Challenge assumptions constructively and ensure decisions are supported by sound financial analysis.
Track delivery of approved business cases and post-investment benefits.
Success Measures
Quality and turnaround of business cases
Margin improvement
Benefits-realization rate
Stakeholder action closure
- Build a high-performing Finance & Accounting team with clear roles, controls, performance standards and succession plans.
Develop capability in manufacturing finance, costing, SAP, MIS, analytics and controls.
- Set clear objectives, coach team members and address performance or capability gaps promptly.
Promote ownership, urgency, integrity and cross-functional collaboration.
Success Measures
Team capability and productivity
Critical-role succession coverage
Timely completion of deliverables
- Employee development actions
- Bachelor's degree in Finance, Accounting, Commerce, Economics or a closely related discipline.
Professional accounting qualification such as CPA, ACCA, CA or equivalent is mandatory.
Master's degree or MBA is an advantage.
Active membership in the relevant professional accounting body is preferred.
- Minimum 12-15 years of progressive Finance & Accounting experience, including substantial leadership responsibility.
- At least 5 years in a senior finance leadership role within a large manufacturing or FMCG environment.
- Demonstrated ownership of manufacturing costing, financial reporting, budgeting, controls, working capital, audit and business partnering.
- Strong hands-on SAP Finance/Controlling experience and proven use of MIS for executive decision support.
- Experience managing multi-functional finance teams and partnering with plant, supply chain and commercial leadership.
Manufacturing accounting, standard costing and product costing
Cost-centre and profit-centre accounting
Material, labour, utility, yield and overhead variance analysis
Financial reporting and period-close management
Budgeting, forecasting and financial modelling
SAP FI/CO and integration with Materials Management, Production Planning and Sales & Distribution
MIS design, dashboards and management performance reporting
Inventory valuation, provisions and working-capital management
Internal controls, risk management and audit
Tax and statutory compliance
Advanced Excel and data-analysis capability
Business-case, capex and profitability analysis
High integrity and professional judgement
Commercial and manufacturing business acumen
Strong analytical and problem-solving ability
Ownership, urgency and attention to detail
Ability to challenge constructively and influence senior stakeholders
Clear communication and management presentation skills
People leadership and capability development
Process discipline and continuous-improvement mindset
Data-driven decision making
- Current or recent roles: Finance Director, Head of Finance, Financial Controller, Head of Accounting, Plant Finance Head or Manufacturing Finance Head.
- Industry background: Large-scale FMCG, food and beverage, edible oils, personal/home care, chemicals, pharmaceuticals, packaging or other process/manufacturing businesses.
- Scale: Multi-line or multi-plant operations, complex product portfolios, significant inventory and cost-accounting requirements, and SAP-based financial processes.
- Non-negotiable search filters: strong experience in large scale businesses or Group, SAP FI/CO exposure, MIS capability and professional accounting qualification.
- Deliver accurate and timely period closes and management reporting with minimal late adjustments.
- Establish clear plant, product and SKU cost visibility and drive closure of material manufacturing variances.
- Improve reliability and use of SAP-based data, reducing offline reconciliations and manual workarounds.
Strengthen financial controls, reconciliations and audit readiness.
Improve budget/forecast accuracy and working-capital visibility.
Deliver actionable MIS that supports margin, cost, cash-flow and operational decisions.
- Build stronger finance capability in manufacturing costing, analytics, SAP and business partnering.