The factory controller is responsible for planning and coordinating factory budget and business planning activities in alignment with corporate policies and practices. The incumbent will provide financial direction to the factory and provide recommendations to improve operation performance.
Key Responsibilities & Job Content
- Factory Performance Key Figures (PKF) – the Factory Controller is responsible to ensure that the PKF figures are accurate and is responsible for monitoring and follow up on the effectiveness of the operations, the quality, environmental issues. The Factory Controller is responsible to point out areas where potential costs reductions can be achieved to the management.
- Variable Production Cost (VPC) –to provide management with an accurate view of the actual variable production costs in the factory and compared against another period, budget, forecast etc. He/ She must be able to explain the reason of VPC variances, understand trends and help analyse root causes. He/ she needs to help prepare VPC quarterly forecasts and the annual budget too.
- Cost savings – the Factory Controller is responsible to provide a detailed follow up for the management on PKF related costs savings, investment related cost savings, as well as all other possible VPC related cost savings
- Product Costing– To maintain an accurate BOM and helping the operations department when dealing with new articles. Product standard cost and group transfer pricing to be updated based on budget inputs (BOM, material prices, new production process etc.).
- Inventory management –to monitor all stock movement postings to ensure right posting by SAP users. He/she also must participate in each stock take activity to make sure it in-line with company instructions, document results, and suggest improvements. Stock obsolescence status must be updated to respective operation department from time to time to minimise disposal cost.
- Investment management –to monitor all investment projects status and ensure project managers complete projects on time and within approved budget.
- Monthly end closing – the Factory Controller is required complete all SAP settlement cycles timely and to ensure all VPC are fully settled.
- Ad-hoc tasks – ad-hoc tasks should take up 20-30% of the Factory Controllers time. These should include all ad-hoc projects requested by operations, as well as own initiatives to increase efficiency, cost reduction etc.