Costing Senior Executive & Assistant Manager(HOP Job/ 8)

1. Costing:

• Heading the costing function for own and 3rd party units (CMU)
• Ensure period end closing with focus on timelines and accuracy.
• Overview Standard product costing, identify cost drivers and update standard cost parameters from time to time.
• Analyse Actual costing and variance reporting. Identify unfavourable variance and collaborate with ops team to mitigate them.
• Collaboration with R&D and marketing team to assess new product costing.
• Assess 3p costing from time to time and ensure cost reconciliations are done on time.
• Assess capex and investment projects on Roi, payback & IRR parameters.
•  Assess make vs buy decisions.

2. Pricing:

•  Pricing of new product from cost/margin standpoint, benchmarking with competitors’ margin and channel margins.
•  Overview Pricing master maintenance in SAP.
•  Drive Price revision activity keeping in view price elasticity, gross margins, sales volume and customer price benchmarking.

3. FP&A:

•  Prepare long term strategic financial plan• Drive AOP activity in conjunction with various departments to achieve the goal set for the organization.
• Provide insights through LE & BE to drive strategic decisions on cost lines and revenue.
•  Ensure that company achieves AOP targets.
• Monthly/ Quarterly update the AOP plan based on the latest Estimates.

4. Cost Saving:

•  Run cost saving program.
• Collaborate with CFT's (Cross Functional Teams) to identify cost saving areas.
•  Track projects progress (MIS and monthly meetings)
•  Validate cost saving and report.

5. Sales Marketing & SCM - Finance partner:

•  Collaborate with Sales function to assess new accounts on profitability parameters.
• Assess trade and consumer schemes from gross margin standpoint and its effectiveness.
• Work with SCM team for various projects to optimise the network.
•  ROI calculation business partners - CFA, distributor, SS etc

6. Master data:

•  Overview Master data management - material and vendor master.

7. SAP:

•  Drive SAP automation projects to boost efficiency in work.

8. Audit:

• Facilitate internal, statutory audit for costing, inventory valuation and pricing related matters.
• Ensure controls are in place with respect to Korean SOX compliance.

• Sound SAP knowledge of CO module.
• Expert in SAP costing cycles, actual costing & material ledger
• Good Knowledge of SAP FI, MM and SD module and integration between them
• Strong analytical, communication, interpersonal, team management and presentation skills.
• Expert in MS Excel and power point
• Strong business understanding combined with data analysis for driving data.

 + experience-based decisions

• High attention to detail and accuracy
• Ability to direct and supervise.
•  Ability to work with and influence diverse stakeholder groups.
•  Speed of execution and drive for results