Description:
- Updated and maintain accurate product cost sheets for all , including raw materials, packaging, conversion cost, logistics, and overhead cost.
- Monitor actual vs standard costs and analyze variances related to materials, yields, wastage, labor, and overheads.
- Drive continuous cost optimization initiatives in collaboration with procurement, plant technical, and supply chain teams.
- Perform new product costing (NPD) and scenario analysis for changes in formulation, pack sizes and schemes etc.
- Hands-on experience in SAP S/4HANA, execute and manage monthly Standard cost runs, process order settlements, ensure accuracy of BOM and updating of activity cost rates in SAP.
- Ensure costing accuracy in SAP HANA and compliance with standard costing procedures, approvals, and SAP controls.
- Support formulation and review of pricing strategies by channel (GT, MT, Institutional, Horeca, Govt. etc.
- Evaluate price revisions driven by commodity inflation, packaging changes, perform costs or regulatory impacts.
- Derive and validate transfer prices for internal plants and franchise locations based on cost structures.
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