Cost Controller

Department:

Location:

Qualification:

Years of 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 including Export.
• Review and finalize Monthly Sales Register, cross-checking Reconciliation with Financial GLs for Sales/COGS.

1. Monthly Book Close, Financial Reporting and Database:

• Trial Balance Scrutiny, Prepare and update the Financial Database and finalisation of Cash flow.
• Update Prepare and analyze Variance Actual vs. Forecast/ Budget/LY with Commentaries and recommendations.
• Preparation of monthly management P&L for entity and by Channel/Sub Channel and reconciliation with financial P&L

1. Forecast/ Budget Preparation and Commercial Variance Calculation:

• Finalize and present Monthly Forecast/ Annual Budget Volume, MC, Structure costs, and Cash Flow.
• Calculate Commercial Variances and finalize ad hoc Product P&L. as per requirements.

1. 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.

1. 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.

1. 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.
• Ability to work on SAP, BI Tools like Tableau, Power BI & other customized tools for group reporting.

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.

1. 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.

1. 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 / Food Manufacturing sector.
• Knowledge of SAP is preferable, and proficiency in Excel is mandatory.

Reporting Structure: