Financial Planning and Budgeting: 

Developing and managing the factory's budget, forecasting financial performance, and aligning financial plans with overall business objectives.

Cost Accounting and Analysis: 

Tracking and analysing production costs, including raw materials, labour, and overhead, to identify areas for cost reduction and efficiency improvements.

Inventory Management: 

Monitoring and controlling inventory levels, ensuring accurate inventory valuation, and minimizing waste and obsolescence.

Financial Reporting: 

Preparing and presenting financial reports, including monthly, quarterly, and annual statements, to management and stakeholders.

Compliance and Internal Controls: 

Ensuring compliance with financial regulations and implementing internal controls to safeguard assets and prevent fraud.

Performance Analysis: 

Analysing financial data to identify trends, variances, and opportunities for improvement, providing insights to support decision-making.

Capital Expenditure Management:

Evaluating and justifying capital investments, such as new equipment or technology, to ensure optimal allocation of resources.

Treasury Management: 

Managing cash flow, working capital, and banking relationships to ensure the factory has sufficient funds to operate.

Tax Planning and Compliance: 

Ensuring compliance with tax laws and regulations, optimizing tax strategies, and managing tax liabilities.

Supporting Management: 

Providing financial guidance and support to plant managers and other stakeholders to facilitate effective decision-making and operational efficiency.