Senior Manager - Finance (Factory)
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Key skills for this role
About the Role
GMG seeks a Senior Manager - Finance (Factory) to manage end-to-end finance operations at the factory level. The role ensures robust financial control, accurate reporting, and cost discipline within a manufacturing environment.
Key Skills for This Role
Responsibilities
- Ensure strict adherence to GMG Group finance policies, internal controls, and governance frameworks at the factory level
- Maintain strong financial discipline across all manufacturing transactions, including inventory, procurement, and production costing
- Lead and support internal and external audits, ensuring timely closure of audit findings and zero compliance gaps
- Safeguard company assets through effective control mechanisms and regular reconciliations
- Oversee end to end factory finance operations, including month end close, journal entries, and balance sheet reconciliations
- Ensure timely, accurate, and insightful financial reporting aligned with Group timelines and standards
- Monitor key financial metrics (cost per unit, yield, wastage, variances) and highlight risks and opportunities
- Drive transparency and accuracy in inventory accounting and valuation
- Partner with factory operations to drive cost optimization initiatives across materials, labor, and overheads
- Analyze production costs, variances, and inefficiencies, providing actionable insights to improve margins
- Track and control factory budgets, ensuring alignment with approved financial plans
- Lead and develop the factory finance team, promoting a culture of accountability and continuous improvement
Requirements
- Bachelor's degree in Finance, Accounting, or related discipline
- 8–12 years of progressive experience in finance roles with significant exposure to manufacturing or factory environments
- Proven experience managing factory level finance operations
- Experience working in large, structured organizations with strong governance frameworks
- Master's degree is an advantage
Full Job Posting
Role Summary
- The Senior Manager – Finance (Factory) is responsible for managing end to end finance operations at the factory level, ensuring robust financial control, accurate reporting, and operational finance support to manufacturing operations.
- The role is hands on and execution focused, acting as the key finance partner to Factory Operations while ensuring alignment with GMG’s Group finance policies, controls, and standards.
Key Success Drivers including Accountabilities and Responsibilities
- Ensure strict adherence to GMG Group finance policies, internal controls, and governance frameworks at the factory level
- Maintain strong financial discipline across all manufacturing transactions, including inventory, procurement, and production costing
- Lead and support internal and external audits, ensuring timely closure of audit findings and zero compliance gaps
- Safeguard company assets through effective control mechanisms and regular reconciliations
- Oversee end to end factory finance operations, including month end close, journal entries, and balance sheet reconciliations
- Ensure timely, accurate, and insightful financial reporting aligned with Group timelines and standards
- Monitor key financial metrics (cost per unit, yield, wastage, variances) and highlight risks and opportunities
- Drive transparency and accuracy in inventory accounting and valuation
- Partner with factory operations to drive cost optimization initiatives across materials, labor, and overheads
- Analyze production costs, variances, and inefficiencies, providing actionable insights to improve margins
- Track and control factory budgets, ensuring alignment with approved financial plans
- Lead initiatives to improve productivity and reduce waste within the manufacturing process
Educational Qualifications
- Bachelor’s degree in Finance, Accounting, or a related discipline.
- Master’s degree is an advantage.
Experience
- 8–12 years of progressive experience in finance roles, with significant exposure to manufacturing or factory environments.
- Proven experience managing factory level finance operations.
- Experience working in large, structured organizations with strong governance frameworks.
Functional/Technical Competencies
- Strong manufacturing finance knowledge (costing, BOM, variances, inventory)
- Financial reporting & month end close expertise
- Cost control, margin analysis, and budgeting/forecasting
- Internal controls, compliance, and audit management
- ERP systems and advanced Excel skills
- Data analysis and business partnering for decision support
- Working capital and inventory management
People Management
- Lead and develop the factory finance team.
- Allocate work, review outputs, and ensure high quality deliverables.
- Build strong finance capability within the factory through coaching and on the job development.
- Promote a culture of accountability, discipline, and continuous improvement.
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