Commercial cost Controller

Job Description

Department: Finance / Operational Controller Location: The vacant position is in Chennai (Tamil Nadu) Qualification: ICWA / CMA Years of Experience: Minimum 5 Years of relevant experience Key Duties and Responsibilities: 1. Commercial Schemes and Budgeting: Finalize all vertical commercial schemes, ensuring alignment with Monthly Budget/ Market Scenario. Finalize Marginal Contribution and Monthly Cash flow by Channel/Regions. Review and finalize Monthly Sales Register, cross-checking with Financial GLs for Sales/COGS. 2. Monthly Book Close , Financial Reporting and Database: Trial Balance Scrutiny, Prepare and update the Financial Database and finalisation of Cash flow. Update Variance Actual vs. Forecast/ Budget/LY with Commentaries and recommendations. 3. Forecast/ Budget Preparation and Commercial Variance Calculation: Finalise and present Monthly Forecast/ Annual Budget Volume, MC, Structure costs, and Cash Flow. Calculate Commercial Variances and finalize ad hoc Product P&L. 4. Cost Analysis and Profit Reconciliation: Conduct Profit Reconciliation between Management Accounting and Financial Accounting. Technical Skills: 1. Management Analysis: Ability to perform a full financial analysis with accuracy, consistency, integrity, and connection to financial and accounting data available by profit center. 2. Controlling /Financial Business Modeling: Ability to provide support to the business function in the area of cost management, performance of the plan, and decision-making. 3. Financial Data Mining and Reporting: Ability to process and interpret data to produce effective reports; understanding the impact of erroneous data on various company systems/statistics. Transversal Skills: 1. Analytical Thinking (TRANSV1): Analyze rigorously data and situations to identify and analyze causes/effects, selecting only appropriate information to make effective decisions. 2. Change Management (TRANSV3): Maintain effectiveness and adaptability during major changes in work responsibilities or environment; adjust effectively to work within new work structures, processes, requirements, or cultures. 3. Intellectual Curiosity (TRANSV8): Be receptive to new and different ideas or the opinions of others, open to learning, and adaptable to the business environment. Desired Profile: Good knowledge of Profitability Analysis, Budgeting, Forecasting, Variance Analysis, and Finalization of Commercial Schemes. Preferably from the Dairy-Manufacturing sector. Knowledge of SAP is preferable, and proficiency in Excel is mandatory. Reporting Structure: Will be reporting to Head - Management Controller (B2C)