Job Details: Role : Assistant Director – Costing Reporting: Sr. Director-Operation Finance Function : Finance Job Purpose: Accountable for managing the costing of products and optimising inventory levels across products / locations. Will be a key partner in managing working capital optimally and our products are competitively prices at the market-place. Accountabilities: Working Capital Inventory days Availability of costing across products Management of pricing with customers Key Accountabilities: Implementation of appropriate costing practices across the plant locations. Implement and automate end-to-end costing and inventory valuation through the SAP Conceptualize and implement effective systems, policies and procedures to ensure a robust cost and MIS reporting system. Provide management with reports specifying and comparing factors affecting prices and profitability. Prepare and Analyse product wise variance of cost of material and overheads of Budget vs Actual. Perform analytical procedures and finalize reporting of variance analysis in discussion with various plant locations. Analysing & reporting of purchase price variance (PPV) vs. budget and previous year Responsible for COGS reconciliation and variance analysis between standard and actual cost Inventory analysis, monitoring and controlling. Review inventory of RM, WIP, and FG, Days of inventory outstanding (DIO); Provide necessary insights about inventory in S&OP Propose inventory related provision as per Accounting policy and recommend Inventory liquidation and write-offs plans as per company’s DOA Partnering with procurement team on pricing & vendor payment strategy Prepare and finalize annual budget of costing, standard costing and BOM in discussion with Plant Heads and present to the management. Conduct an analysis of monthly operating cost and prepare a monthly financial performance report Responsible for the preparation, maintain adequate reports and timely completion of annual cost audit. Utilize information derived from cost reporting to drive cost saving initiatives throughout the factory and supply chain function. Develop visual dashboards for fixed overheads/manufacturing overhead cost as part of Lean programs Prepare and share ad-hoc reports/weekly report to various stakeholders from time to time. Education: •ICWA / MBA Experience: 12-15 years of experience Minimum working experience of 6+ years in SAP Experience in manufacturing organizations Skills & Competencies: Multi tasking and should be able to prioritize Ability to deal with ambiguity Work in high-pressure situation Stakeholder management Should have an analytical bend of mind Experience of costing and inventory valuation implementation in SAP Show more Show less