4 Cost Analytics Jobs

As the Factory Performance Management personnel at Cheralapalli, you will be responsible for reviewing factory MIS reports to facilitate performance reviews with Factory Heads. You will provide relevant insights, recommend corrective actions, and monitor them for closure. It will be your duty to identify and report variances between standard and actual costs for analysis by SCM-BP. Additionally, you will mobilize factory commercial for the implementation of cost optimization initiatives driven by SCM-BP. Your inputs to the SCM-BP for the analysis of capex, working capital, and supplier base will be crucial. You will review usage variances and recommend BOM changes, as well as drive the closure of Statutory and Internal Audits. In the realm of Factory and Commercial Operations, you will manage factory-related compliance and engage with various stakeholders. Your responsibilities will include setting up processes and controls for factory commercial processes, including stores, and monitoring control effectiveness. Furthermore, you will review and recommend the basis of a comparative statement for localized capex purchases. Approval of the price for Fixed Assets purchases at the factory, generating sales orders, and performing accounting for scrap sales will fall under your purview. You will also need to review differences in the PID report during periodic physical verification of inventory, analyze differences from Job Work reconciliation, and recommend and monitor corrective actions. Monitoring GST compliance, providing cover/support for factory-related compliances, and ensuring necessary actions for timely completion will be key tasks. Regarding Stakeholder Management, you will be required to provide resolutions for vendor queries in case of escalations and review inputs by Factory Commercial, responding timely to queries from statutory/internal auditors. The preferred educational requirements for this role include an MBA (Finance) or CA qualification, with an Engineering Graduate considered an added advantage. Applicants should possess a total relevant experience of 5-7 years and be proficient in Finance systems such as AFO, SAP, and Hyperion. An in-depth understanding of sourcing-related cost drivers, cost Analytics, Stakeholder Management, critical thinking, and problem-solving skills are also essential attributes for this position.,

The Commercial Officer role involves supporting commercial activities by closely collaborating with the sales team to manage key customer accounts, business opportunities, quotations, cost analytics, contract management, customer support, forecasting, budgets, Non-current Parts & Accessories (P&A) account management, systems compliance, process management, and project communication. The primary focus is on engaging with customers, identifying business opportunities, and contributing to sales growth. It is essential for the role to understand strategic developments with customers, possess in-depth technical product knowledge, identify competitors, and determine pricing benchmarks to facilitate sales growth and maintain margins. Responsibilities: - Conduct market and product research to enhance the company's competitive position and long-term growth prospects. - Assist in preparing new business quotations promptly and liaise with all stakeholders effectively. - Manage sales forecasts, reporting, data analysis, and contribute to budgeting processes. - Oversee Non-Current Parts & Accessories accounts, including identifying slow-moving parts, engaging with customers on future volume, and exploring all-time-buy options. - Maintain strong customer relationships by demonstrating a solid technical and commercial understanding of the product portfolio. - Identify and pursue Business Development opportunities within existing customer accounts or product portfolio to drive sales growth. - Enhance contribution margins for existing products and ensure profitable negotiations for the company. - Maintain accurate customer asset management records. Qualifications: - Tertiary qualification in Business/Commerce or a related field. - Degree-level or postgraduate qualification in Business/Commerce or a related discipline. - Minimum of 2 years of experience in a commercial role, Sales, Purchasing, or Customer-facing Technical/Engineering role with some commercial skills. - Proficiency in computer skills, especially Microsoft applications like Excel. - Strong communication, interpersonal, planning, and organizational skills. - Experience in a manufacturing or industrial setting. - Previous exposure to industrial sales or commercial roles would be advantageous.,

The Commercial Officer is responsible to support commercially by working closely with the sales team on key customer accounts and business opportunities and assist with quotations, cost analytics, contract management, customer support, forecasting and budgets, Non-current Parts & Accessories (P&A) account management, systems compliance, process management, and project communication. Engage with customers and implement business opportunities to grow sales. The role is required to develop an understanding of strategic developments with customers, possess a solid technical understanding of products, identify competitors and pricing benchmarks to ensure SMR is placed to grow sales opportunities and defend existing margins. Responsibilities: Ensure market and product research is conducted and develop plans to improve the company's competitive position and long-term growth prospects. Support with administration and preparation of new business quotations in a timely manner and communicate with all stakeholders. Manage sales forecasts, reporting, data analysis, and assist in budgeting. Manage Non-Current Parts & Accessories accounts. Identify slow-moving parts, follow up with customers on future volume and pursue all-time-buy options. Manage customer accounts by maintaining strong relationships with customers with a sound technical and commercial understanding of the product portfolio. Identify Business Development opportunities with existing customers or product portfolio to grow sales. Maintain and improve contribution margins for existing products. Ensure profitable negotiations are achieved for the company. Maintain customer asset management records. Qualifications: Tertiary qualification in Business/Commerce or related discipline. Degree level or postgraduate level qualification in Business/Commerce or related discipline. 2 years + experience in a commercial role, Sales, Purchasing, or Customer-facing Technical/Engineering role with some commercial skills. Strong computer skills including Microsoft suite of applications, especially Excel. Excellent Communication, Interpersonal Skills, Planning & organizing. Experience in a manufacturing or industrial environment. Previous experience of working in an industrial sales or commercial role would be beneficial.,

This is a key vertical within the IB CFO Central - Strategy & Business Planning team space. The team is responsible for various senior management reporting/presentations involving meaningful cost financial analysis supported with observations/commentaries on a weekly, monthly and quarterly basis. The role involves providing cost-related MIS and advanced analytics of IB businesses, partnering with onshore analytics and business managers/COOs for cost tracking and control. Support the business and enhance total shareholder return by effective cost control measures. Position entails decision support, management reporting, planning & forecasting for businesses within IB. Working on cost-related analytics, cost allocations, restatements, deep dives and support for the IB Business Management community on a day-to-day basis. Consolidate cost financials and support IB businesses for key cost deliveries. Your key responsibilities Prepare Flash and Forecast comments and Financials Develop and generate cost reports for IB, both routine and ad hoc Produce packs encompassing financial information like P&L, headcount etc. and other performance reports including ad hoc requests Produce packs encompassing financial information to enable measurability like MoM, YoY, and Plan variance, commentaries etc. Work closely with key stakeholders to meet analysis that adds value and identify or explore cost saving areas Understand and deliver an agreed cost-related book of work: Flash, Forecast, Plan, Restatements, allocations, Exco packs and Standard MIS Cost reports Identify and track Contra and Client reimbursement. Identify new areas of Contra/Reimbursement and cost saving opportunities Continuously develop and apply technical knowledge on costs - P&L as applicable Work with other analysts across the team to understand different businesses Support business manager for cost-related queries across regions and sub-businesses Reference data management Responsibilities will also encompass other recurring as well as ad-hoc project-related analysis work e.g. Lumira, PO Review, FX Impact, DBCM, Restructuring & Restatements etc. Your skills and experience CA/CMA/CS/MBA in Finance with 7+ years of experience Excellent communication skills and initiative to engage with other teams/team members and Senior Management (Onshore/Offshore) Demonstrable problem-solving ability; organised with an ability to manage multiple issues in tight deadlines Working with multiple data sources and having confidence in figures and presentation Experience of compiling management reports in a global, complex environment upholding accuracy and timelines Competent use of MS-Office, specifically Excel and PowerPoint Very strong analytical skill and ability to think laterally Eye for detail as you will be supporting IB senior management /IB leadership team Knowledge of VBA/Macros will be an advantage (not mandatory) Experience in project management, highly organized and extremely accurate