Responsibilities & Key Deliverables

• Ability to understand business processes and systems.
• Collecting and analyzing data related to expenses from each business / function
• Estimating costs and comparing budgets with actual expenses
• Monitoring costs in case of any significant changes in products or processes
• Gather and analyze financial data. Well-versed with SAP FI to extract data on a frequent basis and work on even minor details for identifying the alarming costs.
• Suggest cost-optimizing or profitable solutions
• Continuous churning of Data. Keen to dig and identify the variation in actuals and budgeted.
• Conduct detailed analysis of expense data, including but not limited to, operating expenses, capital expenditures, and discretionary spending.
• Keep a proper check on the increasing trend of expenses and sensitize the concern department to control the same
• Create and maintain reports & dashboards that visualizes key expense metrics, trends, and variances
• Present findings and insights to concern businesses/depts., making complex financial data accessible and actionable
• Compare forecasted and actual expenses, discuss with the department head, if the difference is alarming.
• Standardize processes and use learnings across businesses, benchmark external organizations and adhere to industry standards to develop a robust cost control system.
• Generate expense reports and work closely with the analytics team to represent exceptions, KPIs and trends analysis at AFS level.

Experience

10+ years 

Industry Preferred

Automotive, Manufacturing, heavy asset, engineering industry, Management consulting firms dealing in similar industry.
Organizations like- Honeywell, L&T, Big 4s, etc.

Qualifications

CA

MBA- Finance (Reputed Institute)

General Requirements

• Experience in data, operational and financials
• Proven experience as a cost analyst, cost specialist or similar role of analysis
• Knowledge of accounting processes and software (SAP FI)
• Strong analytical skills
• Strong business acumen
• Attention to detail
• Excellent communication skills

• Assertive in approach
• Strong in Executive Presence
• Well versed in analytics
• Have experience in Cost/Expense analysis.
• Expert in identifying variation in expenses.
• Expert in Extracting Data from SAP FI and analyzing it for better governance, controls and cost optimization.
• Extremely good at communication & influencing skills.
• Very Assertive and eloquent in communicating with Sr. Management / leadership / stakeholders.