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Plant Finance Manager

River

River

Accounting & Finance
Bengaluru, Karnataka, India
Posted on May 22, 2025

About River:

We are an electric vehicle company building multi-utility scooters.

At River, we focus on design and livelihood to create tools for those who are independently carving a path for themselves. Our signature two-wheeler, Indie – the SUV of Scooters, is built to be a dependable companion in getting things done.

We’re a 750+ strong Bengaluru based team – backed by marquee international investors, with mobility-focused funds linked to Yamaha Motors, Al-Futtaim Automotive Group, Toyota VC, Trucks Venture Capital, and Maniv Mobility.

Key Responsibilities

  • Reporting: Support Month-end closing, Forecasting, Budgeting, Variance Analysis, Support Plant management with MIS and ad-hoc analysis
  • Inventory : Inventory Valuation, Inventory Optimization, Inventory controls over receipts and physical verification.
  • Plant Operating cost: Cost Control over Plant Labor & Overhead, Freight & Distribution Cost and regularly track plant performance
  • Fixed Asset: Capitalization of Fixed Asset, Fixed Asset Tagging and verification. Budgeting and tracking of Capex
  • Costing: Support accurate product costing and allocation of plant overhead to products. Maintenance and tracking of Bill of Material (BoM) and establish Standard Costing
  • Initiatives: Drive cost reduction and waste elimination initiatives at the plant to support Funding the Growth
  • Strong exposure to SAP S/4HANA, with expertise in inventory valuation, COGS recording, product costing, labor and overhead allocation, standard costing, and variance analysis
  • Governance : Implement and maintain financial policies, procedures and internal control. Periodical review of the plant processes to ensure adequate control exists and align with Company policy
  • Collaboration: Actively participate in Production Planning and Plant Operations related discussions
  • Ideal Candidate

  • CA/CWA (Mandate)
  • 6+ years of proven experience in financial management in a plant environment
  • Demonstrated team management experience, including the ability to lead and develop a finance team
  • Excellent communication, problem-solving, and analytical skills
  • Ability to manage multiple tasks and meet deadlines
  • Attention to details and commitment to accuracy
  • Proficient in Microsoft Office Suite and accounting software (SAP/Odoo)