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01/07 Megha Saraf
HR at Nivea India Private Ltd

Views:736 Applications:106 Rec. Actions:Recruiter Actions:0

Beiersdorf - Lead - Manufacturing Cost Controlling - NIVEA (5-7 yrs)

Ahmedabad/Gujarat Job Code: 1119401

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.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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