Analyst - Cost Controller

Job Id:  11152
City: 

Pune, Maharashtra, India

Department:  RTR
Function:  Finance
Employee Type:  Permanent Full Time
Seniority Level:  Executive

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Description: 
JOB DESCRIPTION
Remember - Fill the template below objectively for the role in consideration. The job description has to be incumbent agnostic.  
DATE UPDATED :        
SECTION I: BASIC INFORMATION Please fill in the information
Job Title Executive/Analyst - Cost Accountant
Reporting to Team Leader/ Sr. Team Leader - FP&A
Skip level Reporting Operations Lead - RTR
Function Finance & Accounts
If selected others above please mention the function  
Location India, Pune
         
SECTION II: PURPOSE OF THE ROLE Please fill in the information
Purpose of Role The Senior Cost Accountant will assist our current cost accountant in analysis on product, freight, software and overhead costs.
They will work closely with the supply chain team to understand their needs and what types of analysis they will need to control spend.
Ensure monthly/Quarterly/Yearly closing activities to be completed as per defined month end timelines.
Bring efficiency and automation in processes through Kiazen, Six Sigma to make process leaner and which
enable bandwidth creation.
Manage Transition for respective processes.
Strategic : Tactical % 50%
         
SECTION III:  JOB REQUIREMENTS  Please fill in the information
Total Experience in Yrs. (Minimum required) 3+ years experience in Cost accounting
Qualification A Graduate qualification in Finance is mandatory/ post gratuate/ MBA Finance/ Inter CFA desirable
Specific or Additional Certifications (if Any) required Month end closing experience and/or financial statement preparation experience
Knowledge of IFRS
Atleast 3-4 on-shore/off-shore transition experience, Advance Excel/ SAP-FICO Module, Undestanding of
COPA
Technical Skills Requirement Strong technical knowledge of Finance and Accounts (preferably in manufacturing industry). Commercial
acumen of leading control design and validation of the process. Efficient Problem Solving Skills, Effective
Communication Skills, Should have technical knowledge of respective Accounting Standard (GAAP), Audit
management and Finance Analytical skill. SAP Knowledge is must. 
Behavioral Skills Requirement Multi-cultural understanding, strong work ethic, attention to details, able to resolve day to day issues.
Must have excellent verbal and written communication and interpersonal skills, ability to integrate well with
team,
Develop healthy client relationships.
Posses the quality of flexibility, ownership, agillity, punctuality & dedication.
Category of role UPL GBS
Category of job (applicable for US only)  
         
SECTION IV: SCOPE OF JOB / QUANTIFIABLE DIMENSIONS OF THE JOB Please fill in the information
Financial Accountability  
Geographical Coverage Respective Region e.g. India, North America, Brazil, Africa, ASPAC, Europe etc.
Number of Direct Reports  0
Number of Indirect Reports 0
<Other>  
         
SECTION V: ROLES & RESPONSIBILITIES Please fill in the information
Responsibility Area Responsibility Weightage % of Time Spent
Financial Analysis of product gross margin profitability
Report and analyze production scrap
Review and analyze Inventory variances
Set-up and review standard costs, and work with other departments to rationalize any changes in Standard Costs
Calculate overhead allocation amounts
Assist in the month-end process of recording Inventory journal entries as needed
Other Inventory projects as they arise
Prepare periodic reports comparing standard costs to actual production costs; analyze and report variances
analyze costs and compile cost information to be used in operating budget preparation
Work with various departments to maintain, analyze, and optimize all cost and manufacturing variance data
Collaborates with other departments to develop and setup annual standard costs
Drive the enhancement of procedures and controls that ensure meaningful and reliable product costs and accurate inventories
Prepare inventory, manufacturing variance, and purchase price variance reports and analyze findings
Responsible for pulling support for all inventory / COGS audit requests
Research and resolve all general ledger and inventory discrepancies by coordinating with IT, Operations, and other departments
Identify work orders with missing or incorrect transactions and work with Operations and ERP team teams to validate data		 60 60%
Customer Work closely with all stakeholders for their day to day requirements related to finance, audit and month/quarter end closing activities.

Setup governace call with customers and implement necessary corrective action suggested by customers.

Ensure reduction in customer escalation on month on month by identifying root cause along with permanent corrective action.		 10 10%
Process/ Operation Accountable for the design & implementation of standard global processes, polices and controls.

Ensure 100% Adherence of given SLAs as per compliance, achievement of the defined Goals.

Preparation of monthly Operations Scorecard report for different stakeholders and escalation dashboard.

Monthly Review of all Transactions as per SOP & compliances.

Implement Kaizen & Six Sigma for process excellence.

Drive innovation and automation of the existing process to bring efficiency in the end to end process;

Transformation and Optimizing the operations		 20 20%
People/ Team Management Attend all the training which is required to perform/ enhance current job.
Flexible to adopt different processes for respective Region/ Countries.
Share the best practices across the team.
Creare back-up by developing teammates for respective processes		 10 10%
    Total: 100%
Any Other Job Related Details  
         
         
SECTION VII:  KEY INTERACTIONS Please fill in the information
Internal Stakeholders Finance function, Plant Project team,
Regional Finance leaders & Controllers
GBS OPS Leads & Centre Head
External Interactions  
Statutoty & Tax Auditors
 
 
         
Preferred Sectors for sourcing the talent Manufacturing with a global presence, Captive shared services with multi country and region exposure with
FP&A and SAP knowledge