Senior Manager - F&A [Costing Zaheerabad]

Responsibilities & Key Deliverables

1) COSTING
1. Expert in the area of Product / Standard Costing system
2. Material contribution & consumption analysis. (COP, COGS and analysis)
3. BOM analytics and triggers to management for variances . (rate, quantity, other variances)
4. EN/BOM Changes validation and impact calculation
5. Domestic & Import Purchase parts monthly analysis.
6. Analytics on rejections, forceful postings., Cost of Poor Quality.
7. Manufacturing & other Scrap Generation, Variance and Income analysis.
8. Conversion Cost working through system, routing, SKF maintainence and settlement of expenses.
9. New Product costing and profitability estimation 
10.Monthly Closing as per deadlines and identifying exceptional items in material and expenses, by way of proper analysis.
11..Appraisal of new Projects , Make or Buy decisions, and various benchmarking scenario's
12.Periodic MIS to leadership team
13. Preparation of Cost Sheets and independently able to handle cost audit.
14.Inventory monitoring , control and Analytics on Inventory Reduction (In Plant and Vendor Aid Inventory)

2) Monthly / Quarterly / Yearly Closing / Audit -  Ensuring:-

Smooth closing of monthly, quarterly accounts as per the time schedule from Corporate.
Monthly Provisioning for closing of accounts, ensuring shop wise provisions
Review of Trial Balance / Accounts, monthwise TB review
Various Grossing up entries for month closures - FI Side
Audit related compliance, liasoning with auditors as and when required.
Compliance with all ICFR/COSO related controls. Review of the same and making changes as and when required.
Audit related submission, variance analysis, presentations to auditors.

3) MIS Reporting / Analysis / Presentation:-
Monthly Estimate - Variance Analysis
Ensuring Preparation of Various presentaiton for Monthly Reviews
Action orientation on various action points arising out of reviews
Ensuring MIS - Shop by Shop / PU Wise - deep dive analysis of the same
Personnel Cost / Count analysis
Cost Saving MIS & Validation
Deep dive analysis of conversion cost & ensuring meeting of various targets.
Preparation of Qtrly  / Monthly estimate
Analysis of depreciation & shift wise working, comparing it with various parameters of the plant.
Analysis of P & L Variances  & ensuring actions
Provide support to all concerned stakeholders 
Providing MIS on solar power & co-ordinating at sector level for comprehensive MIS and Central sustainability cell for other actions.

4) Others:-

Process Audit as per the requirment
IT Initiative-Testing and other supports
Support in system cost reduction initiatives, ensuring spend is as per the guidelines, Cost reduction thru Benchmarking, other initiatives.
Support in Simplicity initiatives through automated workflows digitisation & by simplifying processes & development of new reports.
Monitoring & Compliance of requirments for ISMS & other initiatives
Evaluating various business cases, investment proposals
Handling of other requirements from time to time
Evaluating various business cases, investment proposals

Experience

10-12yrs

Industry Preferred

Qualifications

General Requirements