Head - Costing - Foods & Beverages Business - ICWA

Highlights:

18+ years experienced Professionals from ICWA and must experience in Costing principles and methodologies, Understanding Industry dynamics, Presentation skills and SAP Modules

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.

Operational Role:

- Maintaining the records in SAP

- Updating the SAP with the actual POs.

- 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.