Cost Control Specialist

3 - 7 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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On-site

Job Type

Full Time

Job Description

As a Finance Manager for the Global Logistics pillar, your primary responsibility will be to manage the Authorization for Expenditures (AFE) process and support ad-hoc reporting. This involves reviewing and processing intercompany and third-party invoices, as well as coordinating internally across departments and with Head Office. Key Responsibilities: - Prepare, track, and maintain AFEs for logistics-related expenses and capital projects, ensuring alignment with budgets and securing appropriate approvals via Oracle Fusion. - Monitor AFE usage and support reporting requirements. - Receive, validate, and process vendor invoices related to freight, warehousing, customs, and transportation services. - Match invoices to purchase orders, delivery confirmations, and AFEs using Oracle Fusion. - Coordinate with the Vendor/Supplier Support Team to resolve invoice discrepancies and ensure timely processing. - Collaborate with the Procurement Department for PO verification, pricing consistency, and contract reference checks. - Ensure expenses are correctly classified and routed for approvals, supporting reconciliation and audit documentation for all logistics expenditures. - Oversee routing of expense submissions and invoices through Oracle Fusions approval hierarchy, following up with relevant internal stakeholders to avoid processing delays. - Assist in maintaining workflow efficiency and adherence to policy. - Generate regular reports on logistics spend, AFE utilization, and outstanding invoices, maintaining compliance with internal control requirements and preparing for audits. - Recommend improvements to reduce cost leakages and improve financial visibility within logistics operations. Qualifications: - Qualified CA / Inter CA / MBA in Finance, Accounting, Business Administration. - 3-7 years of relevant experience, preferably in a logistics, transport, or supply chain environment. - Excellent coordination skills with HO Finance team, vendors, procurement, and internal departments. - Solid knowledge of expense tracking, cost centers, and invoice processing. Preferred Skills: - Familiarity with procurement workflows and contract alignment. - Strong Microsoft Excel skills and Power BI.,

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