
Asst Manager Cost Controlling
5 days ago
AM Cost controlling will lead the costing function of organization. He will be responsible for product costing, profitability and sensitivity analysis related to product / manufacturing. He is expected to execute SAP S4 product costing and overhead costing for multiple production site of company centrally. Ensure effective costing benchmark and track actual results.
Responsibilities
Business Partnering
- Be an advisor to Business Head and production team
- Resilient to management with regular and ad-hoc business reporting
- Affective in communication across function to prove and convince business viability
- Highlights abnormality in terms of SKU wise cost and profitability with deep analysis and reasons
Operation Manager
- Responsible to execute Cost Estimates monthly for existing and new articles and closing [ML Run] in SAP
- Responsible to review and reconcile Material Consumption, Standard Cost against actual and Overhead (Manufacturing) cost
- Master data management, data correction in SAP, and Creation of Profit center and cost center
- Controlling of Average Prices of Inventory (raw material / Finished Goods)
Financial Reporting
- Review and analyze Product Costing SKU wise and timely update Activity Rates in SAP
- Present Ad-hoc analysis for management's decision and keep on highlighting Gaps and opportunities in process improvement
- Responsible to prepare, analyze and take correction action on Variance Analysis
- Prepare Annual Master Budget and update in SAP for all sites / units
- Finalization of monthly COGS and present to FC
- Responsible to review of Operational Expense, get correction with production and financial team
- Finalize expense absorption / allocation / apportionment of Operational Expense (OPEX / Overhead) in SAP
- Prepare SKU wise Margin reports for daily update
- Prepare and Compile Unit / Site wise P&L statement
- Reconcile GLs for COGS and P&L Statement
Qualifications
- Bachelor's degree in Accounting, Economics, or Finance or Qualified professional (CMA/ACCA)
- 3 - 5 years' experience in function of Cost and Management accounting
- Well versed with SAP S4 Costing and Material Management
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