This position is responsible for costing related Finance & Accounting activities
Roles & Responsibilities
Developing monthly MIS reports for measuring the Product/Customer/Territory level product margins, aiding pricing related decision making
Updating cost on a daily basis in ERP to ensure best estimation of Gross Margin in Qlikview
Running the entire Cost Transactions to check journal entries being generated, in order to identify errors in accounting, missing product characteristics, etc.
Providing yield/usage analysis and Dept. wise comparison of budget vs actual
Reviewing the absorption rates on a regular basis to correct the same to Actuals
Reviewing the manufacturing efficiencies and reporting on operating processes & efficiencies
Reporting on departmental expenses on a monthly basis compared with the Plans, including manpower and supply chain
Supporting the Head-Factory and Head-Finance in the preparation of Capital Proposals
Controlling the cycle count processing after due verification and approvals
Working with the BU Finance in the preparation of the Annual Business Plan
KPIs
Timely updating of standard cost master and overhead absorption rates
Timely preparation of FOH budget and Monthly GC reports
Accuracy in inventory control and reporting
On time and accurate reporting of all analyses as per job responsibilities
Work experience requirement
5+ years of relevant experience from FMCG companies, or CA/ICWA with 2-3 years of experience