Finance Partner - Operations Finance (ET & CD)

I. Purpose of the Role

The Finance Partner - Operations Finance - is accountable for the delivery of reporting, analysis and controlling activities related to the relevant Business Unit or Plant. The person in this role will maintain a strong relationship with the SSC/ARC Manager and BU / Plant counterparts, to understand expectations on service delivery and work towards them.

The position will require developing a good understanding of manufacturing process and will involve working closely with plant functional teams to drive better financial performance. 

This role mainly focuses on:
o Standard costing & controlling activities
o Period end closing, reporting and financial analysis 
o Supporting Budgeting & Forecasting
o Internal Controls and Continuous Improvement

II. Roles and Responsibilities

Standard Costing & Margin Analysis
• Drive cost control initiatives and performance tracking.
• Calculate transfer prices for traded finished goods (FGs), spool returns, and review local transport fees and duties.
• Ensure alignment of costing practices with global standards.
• Verify and maintain SAP master data (BOM, recipes, costing versions), identify discrepancies, and coordinate corrections with Production and Planning teams.
• Support annual activity rate calculations (man-hour, machine-hour, ton) and update SAP cost tables for electricity, dies, spools, pallets, and other cost elements.
• Maintain and update standard costs for raw materials, semi-finished goods, finished goods, and traded materials.
• Prepare standard cost calculations for budgeting, forecasts, audits, and new product introductions.
• Provide transfer pricing and cost breakdowns to Sales and Marketing for pricing and export documentation.
Controlling Activities
• Support and manage controlling activities within the defined scope.
• Monitor working capital through receivables ageing analysis and collaboration with Sales and Marketing.
• Perform monthly inventory valuation and inventory control activities.
• Ensure accurate cost center, profit center, and account postings in SAP.
• Track Capex budgets, actual spend, commitments, and utilization; analyze variances and risks.
• Verify customer credit notes related to rebates and volume discounts.
• Collaborate with Operations, Stores, Procurement, Maintenance, Sales, and other stakeholders.
• Drive process simplification and optimization initiatives.
Financial Analysis, Reporting & Budgeting
• Support annual budgeting, forecasting, and period-end closing activities.
• Prepare monthly sales, operational, and financial performance reports.
• Review cash costs with plant teams and ensure timely provisioning.
• Monitor Capex projects, capital work-in-progress (CWIP), and budget adherence.
• Manage SGA expense reporting, budget reviews, and cost control.
• Prepare analyses for monthly financial reviews and support quarterly/year-end financial closing requirements.
• Provide actionable financial insights to support business performance and decision-making.
• Ensure accurate revenue recognition in line with company policies and accounting requirements.
Internal Controls & Continuous Improvement
• Review costing-related internal controls to ensure data integrity and reliable reporting.
• Ensure compliance with SOPs for inventory, production, sales, and other financially impacting processes.
• Conduct regular expense analysis and promote cost control and cost reduction initiatives.
• Support automation, optimization, and continuous improvement projects across the business.

III. Skills & Competencies

Educational Qualifications:    
• Master’s degree majoring in accounting or finance.
• Professional qualification like Cost Accountants preferred.

Experience Required: Min 5 Years.

Technical Skills
• Knowledge of all SAP, Group Reporting, Central Finance (CFIN), and SAP Analytical Cloud (SAC), SAP fiori.
• Knowledge and understanding of operations of accounting & financial function is essential.
• Software knowledge – Expert in MS Excel, Word & Power point.
• Experience in Power BI, Analysis for Office is preferred.
• Experience within SAP environment and automation / digitalization would be a definite advantage.