Finance Partner - Operations Finance

I. Purpose of the Role

Responsible for reporting, analysis, and controlling activities for the assigned Business Unit or Plant. Acts as a key liaison between SSC/ARC Manager and BU/Plant teams to ensure accurate financial performance and compliance. Requires strong understanding of manufacturing processes and close collaboration with plant teams to drive financial efficiency.

II. Roles and Responsibilities

1. Standard Costing & Margin Analysis
• Drive cost control programs and monitor performance.
• Calculate transfer prices for traded goods and spool returns; review transport fees and duties.
• Align costing practices with global standards; verify and update material master data (BOM, recipes, costing versions) in SAP.
• Update standard costs for BOM items, finished goods, and traded materials periodically and for budgeting/audit purposes. Perform monthly cost runs.
• Providing cost breakdowns to sales and marketing teams.
2. Controlling Activities
• Manage working capital, receivable aging, and inventory valuation/control.
• Ensure accurate Profit Centre & Cost Centre bookings in SAP.
• Oversee CAPEX compliance, budgeting, and fixed asset control (CWIP, capitalization as per GAAP & IFRS).
• Verify credit notes for discounts and rebates.
3. Financial Analysis & Reporting
• Support annual budgeting and forecasting.
• Perform month-end closing, prepare sales and operational reports, and monitor CAPEX vs. budget.
• Review SGA expenses and adapt additional reports as required.
• Provide analysis for monthly financial reviews and ensure timely provisions for closing.
4. Internal Controls & Audit
• Implement and monitor internal controls; ensure audit recommendations are actioned.
• Review SOPs for financial impact processes and promote cost control awareness.

III. Essential Skills & Competencies

• Education: Master’s in Accounting/Finance; Cost Accountant preferred.
• Technical: Expertise in SAP (including CFIN, SAC), MS Excel, Word, PowerPoint; knowledge of Power BI and automation tools is an advantage.
• Soft Skills: Strong business acumen, analytical thinking, problem-solving, prioritization, communication, and cross-functional collaboration. Ability to work under pressure and drive process improvements.