Assistant Manager Costing

Job Description

We are Hiring a Assistant Manager Costing for a Leading FMCG Brand. Education & Experience : Candidate should have completed CMA and Must Have at least 2 Years of post qualification experience in a Manufacturing Setup 1. Costing : Heading the costing function for own and 3rd party units (CMU) Ensure period end closing with focus on timelines and accuracy. Overview Standard product costing, identify cost drivers and update standard cost parameters from time to time. Analyse Actual costing and variance reporting. Identify unfavorable variance and collaborate with ops team to mitigate them. Collaboration with R&D and marketing team to assess new product costing. Assess 3p costing from time to time and ensure cost reconciliations are done on time. Assess capex and investment projects on Roi, payback & IRR parameters. Assess make vs buy decisions. 2. Pricing: Pricing of new product from cost/margin standpoint, benchmarking with competitors margin and channel margins. Overview Pricing master maintenance in SAP. Drive Price revision activity keeping in view price elasticity, gross margins, sales volume and customer price benchmarking. 3. FP&A: Prepare long term strategic financial plan• Drive AOP activity in conjunction with various departments to achieve the goal set for the organization. Provide insights through LE & BE to drive strategic decisions on cost lines and revenue. Ensure that company achieves AOP targets. Monthly/ Quarterly update the AOP plan based on the latest Estimates. 4. Cost Saving: Run cost saving program. Collaborate with CFT's (Cross Functional Teams) to identify cost saving areas. Track projects progress (MIS and monthly meetings) Validate cost saving and report. 5. Sales Marketing & SCM - Finance partner: Collaborate with Sales function to assess new accounts on profitability parameters. Assess trade and consumer schemes from gross margin standpoint and its effectiveness. Work with SCM team for various projects to optimize the network. ROI calculation business partners - CFA, distributor, SS etc 6. Master data: Overview Master data management - material and vendor master. 7. SAP : Drive SAP automation projects to boost efficiency in work. 8. Audit: Facilitate internal, statutory audit for costing, inventory valuation and pricing related matters. Ensure controls are in place with respect to Korean SOX compliance.