JOB DETAILS:

Job Summary

We are seeking a qualified and experienced CMA / Finance Manager to oversee plant-level costing, budgeting, MIS reporting, inventory control, and financial analysis for Ethanol, ENA (Extra Neutral Alcohol), and CO₂ operations. The role requires close coordination with production, excise, procurement, and marketing teams to ensure cost efficiency, yield optimization, and statutory compliance within a distillery setup.

Key Responsibilities

1. Costing & Cost Control

• Product costing for Ethanol, ENA, and CO₂ (Batch/Process Costing).
• Preparation of detailed cost sheets and variance analysis.
• Monitoring raw material consumption (molasses/grain), chemicals, utilities, steam, power, and water.
• Standard costing and reconciliation with actual costs.
• Joint cost allocation and by-product costing.
• Yield monitoring and process loss analysis.
• Cost per litre analysis for Ethanol & ENA.
• Break-even and sensitivity analysis.

2. Budgeting & Financial Planning

• Preparation of annual budgets and rolling forecasts.
• Monthly budget vs. actual analysis with variance reporting.
• Capex budgeting and project cost monitoring.
• Contribution margin analysis by product line.
• Evaluation of new projects and expansion feasibility.

3. Inventory & Statutory Compliance

• Monitoring RM, WIP, FG, and by-product inventory.
• Reconciliation of stock with production and excise records.
• Ensuring compliance with excise and statutory norms for alcohol manufacturing.
• Maintenance of cost records as per regulatory requirements.
• Cost audit preparation and coordination with auditors.
• Assistance in statutory and internal audits.

4. MIS & Reporting

• Preparation of plant-level MIS reports.
• Product-wise profitability analysis.
• Daily/weekly production and financial dashboards.

5. Working Capital & Commercial Support

• Monitoring receivables (OMCs / Industrial buyers).
• Payables management.
• Cash flow forecasting at plant level.
• Supporting pricing decisions and tender submissions.
• Close coordination with production, procurement, and marketing teams.

Skills & Competencies Required

• Strong expertise in Process Costing (Mandatory)
• Experience in Distillery / Ethanol / Sugar Industry
• ERP Knowledge (SAP / Oracle / Tally)
• Advanced MS Excel skills
• Strong analytical, reporting, and coordination skills
• Understanding of excise regulations in alcohol manufacturing