Beiersdorf - Lead - Manufacturing Cost Controlling - NIVEA

Lead - Manufacturing Cost Controlling - NIVEA INDIA PVT LTD

2. Minimum Qualification required: CA/CMA

3. Minimum Experience: 4-5 years or more , Manufacturing controlling experience preferably in FMCG/Pharma/Engineering industries.

4. Skills & Knowledge:

- Ideal candidate should have SAP FI CO knowledge & experience, Advance Excel & PowerPoint, Power BI hands on experience & knowledge.

- Experience in Finance Planning, Costing & Plant finance Controlling

- Soft Skills: Good verbal and written communication and interpersonal & Strong Analytical skills

5. Essential Duties and Responsibilities:

Overall Obligation:

The position shall be responsible for maintaining budgeting activities in the Plant and for ensuring control on the conversion cost, under the guidance of the Plant Finance Head.

- Identifying Cost Reduction opportunities - Reduction of Fixed Cost & Conversion

from Fixed to Variable, scrap, and indirect material cost

- Daily, weekly, and monthly monitoring that of Conversion cost and Inventory

- Budget preparation, tracking and variance analysis

- Compliance towards statutory audits

- Facilitate the annual budgeting process with the Division heads, Plant Finance Head and other support functions

- Evaluate the various Capex proposals by the departments and develop them further if found suitable

- Initiate, coordinate, and prepare Plant specific budgets in line with the guidance provided by Region/Global

- Conduct the annual budget meeting with the Department heads, Plant Finance Head and other support functions

- Liaison with the Department Heads and support functions in submitting their projections and targets in a timely and accurate manner

- Extract expenses information from the databases relating to direct costs, indirect costs, fixed costs, and variable costs

- Conduct analysis of budget vs actual adherence to budgets for departments

- Ensure control over expenses by regular feedback on budgets and actual expenses

- Keep control over the Budgeted Capex and Actual Capex spends and highlighting any deviations

- Ensure timely coordination and analysis of financial information including monthly financial results, preparation of recurring management reports, budgeting /forecasting support

- Track and monitor Conversion cost on daily, week and monthly basis and highlight any deviations to key stake holders to discuss upon the resolution

- Conduct physical inventory checks and resolve issues with regards to any variance if observed

- Maintain costing and budgeting reports for the Plant

- Ensure the high-level accuracy and timely submission of all MIS reports

- Ensure accurate and timely SAP updating on FICO for all costing processes and activities, and monitor the quality of updating on SAP by the Plant team

- Analysis of material yield in coordination with production team

- Preparing std cost of materials with the help of procurement team and analyze price variances vs actual

- Preparing costing for NPD

- Identify opportunity of cost savings in direct material (like localization savings, Value Engineering savings) and lead the same with concerned stake holder

- Check system hygiene of all material related accounting as per global policy

- Understanding of plant KPIs and work towards the improvement

- Analyze inventory bases on forward cover like excess, expiry/near expiry, no demand, block material, LOR, vendor follow up for credit note etc.

- Coordination with shopfloor employee for cost of waste analysis

- Understanding of standard costing in SAP

- Analysis of activity-based costing

- Basic knowledge of process order settlement

- Integration of SAP with B.one reporting

- Working with different kind of variance analysis and working towards the improvement of variances

- Prepare monthly MIS and reporting files

- Active engagement in planning and forecasting with business update

- Interaction with global/regional team for any update and reporting

- Active participation with stake holder and pro-active approach for any improvement

- Audit closure with no open points

- Prepare business case with close coordination from respective business partner

- Do automation in day to day work which increase our productivity

- Upgrading knowledge related Finance & new technologies which is relevant

- Any other work which is required by management

(B) Secondary Responsibilities

- Procure to Pay- Local as well as Foreign Payments

- Fixed Asset controlling

- Risk control Matrix

- Vendor/Supplier Reconciliation

- BRS

- Cashflow preparation

- Co-ordination with Bank for Import and local payments

- GR/IR Reconciliation

- Employee Reimbursement Tracking

- Month closing and reporting

6. Secrecy:

The incumbent is strictly obliged to keep company-information as a secret, especially after termination of the labor-relation.

7. Organization:

Report to Manufacturing Controlling Manager.

8. Contacts:

- Internal: Finance, Supply chain and operations

- External: Corporate Finance, External Agencies e.g Statutory Auditor, Govt. agencies

9. Offering:

- Growth opportunities within organization in India and globally

- Providing opportunity for taking up a leadership role

- Great working culture and increase in technical skills

- Ability to grow interpersonal skills

This job description is a general guideline for the scope the position. It can neither cover the total, detailed scope of the job nor is it meant to stay unmodified and static for a longer period of time, since the business environment is constantly developing. In this respect the job description is a dynamic framework that cannot be claimed to be conclusive by neither the employee, nor by the employer.