Head - Costing - FMCG/F&B - ICWA

Strategic role:

- Goal setting for the organization in terms of profitability.

- Information/data from the key stake holders (senior leadership) of the organization should be evaluated from the financial goal perspective of the organization.

This information/data should be transformed into strategy to facilitate quick decision making of the organization.

- Help the Management to take quick decisions.

- Review the decision taken and keep Management informed if any deviation.

Infrastructural role:

He should build infrastructure which can integrate data from all the departments and, with the help of analytical tools, convert this data into information for quick decision making.

Accounting Role

- Cost accountants help to plan, budget and monitor performance.

- Set standard unit costs and recommend appropriate cost-saving opportunities.

- Understanding where a company is spending money as well as which products/ brands/ SKUs are profitable.

- Raising Red flags at the right time if costs are allocated over the budget.

CANDIDATE SPECIFICATION

Operational Role:

- Maintaining the records in SAP.

- Updating the SAP with the actual PO's.

- Monthly updates as the legal requirements.

- Provide factual Monthly costing updates.

- Coordinating, implementing and monitoring budgetary controls.

- Computation of costs, feasibility analysis and profitability working of new products and new / special projects.

- Analysis of Data / Reports from SAP and managing SAP - CO and SAP - COPA module.

KEY RESPONSIBILITIES:

- Critical Analysis of Input Material Price.

- Review and assessment of Plant Costing operations.

- Define and operate stringent review mechanism on a regular basis.

- Working out process improvement / automation initiatives that would effect in time and cost efficiency results.

QUALIFICATION - ICWA

YEARS OF EXPERIENCE 18 - 20 YEARS (min)

KNOWLEDGE REQUIRED

- Costing principles and methodologies

- Understanding Industry dynamics.

- Presentation skills, SAP Modules.

- Strong business and financial acumen to align results to overall business strategy and company financial goals.

SKILL SET (FUNCTIONAL/BEHAVIOURAL)

The ability to develop strategy from in-depth analysis.

Proven success driving results and delivering return on investment to the company.

Comprehensive functional skills and a result - driven approach.

From FMCG / Food and Beverages industry only.