Senior Manager - F A

Roles and Responsibilities Strategic Roles & Responsibilities 01. Forecasting of product cost at SKU Level02. Analyses product costing trends at the cost component level and identify and report on trends including fixed versus variable costs and oversee the execution of monthly product cost estimates03. Monitor purchase price variances and process order variances and proactively identify, research, and facilitate correction of pricing or activity errors04. Updating activity cost in SAP on the monthly basis05. Variance analysis between the actual and forecast product cost06. Collect the inputs from the operation and prepare the budget07. Upload of the budget in SAP08. Monitor the budget against actual in SAP09. Variance analysis between the actual and the budget10. Walk through of product cost between accounting and costing11. Calculation of EBITDA at SKU level12. Automation of product costing in SAP13. Preparation of weekly / Monthly / Quarterly MIS / cost reports for management review14. Support for cost audit15. Track the change in the product cost along with the reasons at SKU level (exchange, mix, volume, rate etc.) and at the cost element level Technology and IT Enablement MS Office and SAPKRAs with Outcomes ( Jobs which brings value to the organisation)Domain Keys Result Ares Outcomes Product Cost - Forecasting of product cost Minimize the difference between the actual and forecast cost Budget - Preparation of budget and upload in SAP Correctness & Monitoring of the budget Monthly closure - EBITDA at SKU level- Updating activity cost in SAP Ensure timely and correctness of data Financial Statement and General Ledger closing - Walk through between accounting and costing record Minimize the difference between accounting and costing records Cost Audit - Provide and explain the data to cost auditors Timely submission of cost audit report to the authorities MIS Reporting Preparation of weekly / Monthly / Quarterly report for management review Ensure timely and correctness of data Stake Holders Internal External Techno Commercial/ Plant Operation/ ABEX/ Cross Functional Heads Cost Auditor Competency Technical Competency ( To be filled by HM & HR ) Behavioural Competency Competency Desirable Competency Desirable SAP knowledge Must PL - 5 Strategic Orientation PL - 2Strong Analytical Skills PL - 5 Entrepreneurial Mind-set PL - 2Strong Presentation Skills PL - 3Communication Skill PL - 2 Stakeholder Partnering PL - 2Good command on Microsoft Office PL - 4 Outcome Orientation PL - 2Transformation Focus PL - 2Innovation Focus PL - 2Team Orientation PL - 2Employee Development PL - 2Job Profile Educational Qualification: Chartered Accountant Experience: