Vertiv is seeking a Junior Plant Controller to join the Operations Finance team at the Ambernath Annex — IS & Switchgear Factory in Maharashtra, India. In this role, you will work closely with plant operations to own the numbers driving manufacturing performance, from tracking hourly rates to managing the factory P&L.

Position Overview

• Position: Junior Plant Controller
• Location: Ambernath Annex — IS & Switchgear Factory, Maharashtra, India
• Department: Operations Finance
• Reports To: Plant Controller – Ambernath Annex
• Experience: 3–4 Years
• Qualification: CMA (ICMAI) — Qualified

Responsibilities

• Factory P&L Ownership:
  • Prepare and maintain the monthly Factory P&L for the Ambernath Annex — IS & Switchgear Factory
  • Track fixed vs. variable costs, analyse deviations, and flag margin risks early
  • Ensure timely and accurate monthly cost closure
• Hourly Rate Tracking & Analysis:
  • Capture, compute, and monitor the plant hourly rate (cost per hour) on a monthly basis
  • Analyse movement in hourly rates — volume-driven vs. cost-driven variances
  • Present hourly rate trends and bridge analysis to plant leadership
• Plant KPIs & Operational Excellence:
  • Own and report key plant KPIs — Efficiency %, Productivity %, Earned Hours, Conversion Cost per Hour
  • Drive Plant Operational Excellence by partnering with operations to identify cost levers and track improvement actions
  • Prepare monthly plant performance scorecards
• Productivity Savings:
  • Track and validate productivity savings initiatives at the plant level
  • Maintain a savings tracker with clear project-wise breakdowns and YTD impact
  • Coordinate with operations and CI teams to quantify and sign off on realized savings
• PDSL (Promise Date Service Level) Analysis:
  • Analyse PDSL Forecast v/s Actuals
  • Identify gaps in understanding why PDSL was not met
• Rate Contracts & Vendor Rate Management:
  • Review and track rate contracts for key plant services (labour, maintenance, logistics, consumables)
  • Monitor vendor rates against benchmarks and flag deviations
  • Support procurement finance in rate negotiations with cost data and spend analytics
• Headcount Analysis — Hired vs. Required:
  • Maintain and report monthly Headcount Hired vs. Headcount Required for the plant (permanent + contract)
  • Analyse manpower cost per unit and productivity per head
  • Flag over/under-staffing and support workforce planning with data
• Budgeting, Forecasting & MIS:
  • Support annual budgets and periodic rolling forecasts (4+8, 8+4) for plant costs
  • Prepare plant-level MIS and flash reports
  • Build bridge analysis — Actuals vs. Budget vs. Prior Year
• Oracle ERP Operations:
  • Handle day-to-day plant accounting transactions in Oracle — JVs, cost uploads, accruals, reconciliations
  • Ensure correct cost centre and account mapping
  • Generate reports and extracts from Oracle for analysis
• Compliance & Standards:
  • Ensure all plant accounting is in line with applicable Accounting Standards (Ind AS) and Cost Accounting Standards (CAS)
  • Support internal/external audits with plant-level documentation
  • Maintain strong internal controls over plant financial processes

Requirements

• Qualification: CMA (ICMAI) — Qualified
• Experience: 3–4 years in a manufacturing plant finance / plant controlling role
• Industry: Core manufacturing (mandatory) — preferably heavy engineering, electrical, or process industry
• Accounting Standards: Well-versed with Accounting Standards (Ind AS) and Cost Accounting Standards (CAS)
• Cost Accounting: Strong understanding of CAS, standard costing, variance analysis, absorption costing
• ERP: Hands-on Oracle ERP experience (GL, Costing, Inventory modules)
• Excel: Advanced skills (pivots, lookups, large data handling, dashboard-level MIS)
• Communication: Strong verbal and written communication skills with the ability to present confidently to plant leadership
• Candidate Profile:
  • Comfortable on the shop floor, not just behind a desk
  • Able to connect operational actions to financial outcomes
  • Proactive in identifying issues prior to month-end
  • Able to explain cost movements in simple terms to non-finance teams
  • Takes ownership of numbers and drives action beyond standard reporting

Preferred Qualifications

• Exposure to Earned Hours methodology and conversion cost frameworks
• Experience working with intercompany (ICO) transactions or contract manufacturing setups
• Familiarity with CapEx tracking and project accounting
• Understanding of energy cost analysis and utility rate tracking

About Vertiv

Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most