10 Variance Reporting Jobs

Role purpose: Driving business performance through analysis and insight to meet and exceed financial targets and optimize business processes. Working closely with regional finance teams, this role provides support to Regions financial results establishing and maintaining effective processes, supporting commercial decision-making, and providing insight into customer profitability. Key accountabilities and decision ownership [max 5]: Working collaboratively with FBP and Sales heads to ensure the accurate and timely production of month end results and support production of reporting packs to understand performance Provide commentary to budget and forecasts to understand variances at a customer level and understand the underlying drivers of the variances. Report and act as translator’ with timely financial and commercial insights and analysis to articulate performance to Business Leads and provide guidance to Sales teams on targeted commitments required to deliver financial targets Provide baseline forecasting into the business partners within the regions, working closely with relevant teams (commercial in life, contract accountants, sales leads etc) Support annual sales targeting process for revenue, new business and renewals, challenge business Leads on appropriate performance targets, advise on planning assumptions, opportunities and risks, and track gaps. Understand cost of sales processes and levers to drive improvement initiatives, working cross functionally utilising all available resources Core competencies, knowledge and experience [max 5]: Experience working in a multi-functional and complex corporate matrix environment Engaging, intellectually curious, challenges existing thinking to initiate and embrace new ways of working, and able to see the bigger picture Polished professional, comfortable speaking to and interacting with and challenging all levels of stakeholders to explain complex concepts to non-financial audiences. Proactive, with experience of driving change, implementing complex projects that improve results Strong problem-solving and analytical skills, financial modelling and attention to detail Must have technical / professional qualifications: Graduate, CPA/MBA or equivalent qualified or with considerable depth of experience in Finance and/or Commercial analysis Advanced Excel, and SAP with extensive experience in progressive financial planning, financial systems, and financial analysis Articulate communicator, able to explain complex data to senior stakeholders and non-finance teams, both written and verbal Key performance indicators [max 3]: Delivery of timely, actionable insight which has helped identify clear actions to over deliver Key Financial performance targets Step change improvement in quality and efficiency in reporting and planning processes. Feedback from Finance and Sales Team stakeholders

Role purpose: Driving business performance through analysis and insight to meet and exceed financial targets and optimize business processes. Working closely with regional finance teams, this role provides support to Regions financial results establishing and maintaining effective processes, supporting commercial decision-making, and providing insight into customer profitability. Key accountabilities and decision ownership [max 5]: Working collaboratively with FBP and Sales heads to ensure the accurate and timely production of month end results and support production of reporting packs to understand performance Provide commentary to budget and forecasts to understand variances at a customer level and understand the underlying drivers of the variances. Report and act as translator’ with timely financial and commercial insights and analysis to articulate performance to Business Leads and provide guidance to Sales teams on targeted commitments required to deliver financial targets Provide baseline forecasting into the business partners within the regions, working closely with relevant teams (commercial in life, contract accountants, sales leads etc) Support annual sales targeting process for revenue, new business and renewals, challenge business Leads on appropriate performance targets, advise on planning assumptions, opportunities and risks, and track gaps. Understand cost of sales processes and levers to drive improvement initiatives, working cross functionally utilising all available resources Core competencies, knowledge and experience [max 5]: Experience working in a multi-functional and complex corporate matrix environment Engaging, intellectually curious, challenges existing thinking to initiate and embrace new ways of working, and able to see the bigger picture Polished professional, comfortable speaking to and interacting with and challenging all levels of stakeholders to explain complex concepts to non-financial audiences. Proactive, with experience of driving change, implementing complex projects that improve results Strong problem-solving and analytical skills, financial modelling and attention to detail Must have technical / professional qualifications: Graduate, CPA/MBA or equivalent qualified or with considerable depth of experience in Finance and/or Commercial analysis Advanced Excel, and SAP with extensive experience in progressive financial planning, financial systems, and financial analysis Articulate communicator, able to explain complex data to senior stakeholders and non-finance teams, both written and verbal Key performance indicators [max 3]: Delivery of timely, actionable insight which has helped identify clear actions to over deliver Key Financial performance targets Step change improvement in quality and efficiency in reporting and planning processes. Feedback from Finance and Sales Team stakeholders

Job Title: Cost Accountant Department: Finance & Accounts Location: APIIC State Food Park (between Hanuman Junction to Nuziveedu, Krishna District, AP) Reporting To: CEO / Finance Manager Job Summary: The Cost Accountant will be responsible for managing and analysing all cost-related aspects of the manufacturing and distribution processes within the confectionery business. The role focuses on accurate product costing, pricing analysis, variance reporting, margin improvement, and profitability enhancement. This position will collaborate closely with production, procurement, and sales departments to ensure optimal cost control and decision-making support. Key Responsibilities: Product Costing: Develop and maintain accurate standard costs for all confectionery SKUs, including raw materials, labour, overheads, and packaging and also update as per actual costs. Analyse bill of materials (BOM) and routing to ensure cost accuracy and integrity. Conduct regular cost roll-ups and updates reflecting production changes, supplier pricing, and efficiency improvements. Pricing Analysis: Support the commercial and sales teams in pricing decisions by providing detailed cost and margin analysis. Prepare cost-to-serve models for various customer segments and distribution channels. Evaluate the impact of price changes on margins and profitability. Profitability Improvement: Perform product and customer profitability analysis to identify low-margin items and opportunities for improvement. Provide recommendations for cost reduction and margin enhancement through process improvement, sourcing, and production optimization. Track and report on cost-saving initiatives and ROI of cost-related projects. Variance Analysis & Reporting: Monitor and analyze manufacturing variances including purchase price variance (PPV), labor variance, and overhead absorption. Investigate and explain monthly cost variances against budget and forecast. Collaborate with operations to understand and resolve cost inefficiencies. Budgeting & Forecasting: Assist in preparation of annual budgets, cost forecasts, and long-term financial plans. Provide input into production and supply chain planning from a cost perspective. Inventory Control: Monitor inventory valuation and ensure correct costing of raw materials, WIP, and finished goods. Support cycle counting and inventory audit activities to ensure accuracy and integrity of financial data. Compliance & Internal Controls: Ensure adherence to accounting standards, internal policies, and cost accounting principles. Participate in the development of internal controls and standard operating procedures related to costing. Required Qualifications & Skills: Bachelors degree in Accounting, Finance along with Cost Accounting certification (ICWA and/or CMA). 35 years of cost accounting experience in a manufacturing environment, preferably in the food or confectionery industry. Proficiency in ERP systems (e.g., SAP, Oracle, Microsoft Dynamics) and advanced Excel/Google Sheets skills. Strong analytical, problem-solving, and communication skills. Knowledge of standard costing, variance analysis, and manufacturing processes. Preferred Competencies: Experience with lean manufacturing or continuous improvement projects. Understanding of pricing strategy in a competitive FMCG environment. Ability to collaborate cross-functionally and present financial insights to non-finance stakeholders. Interested candidate may please share/submit their resumes to the given mobile number / email ID. Mobile No: 7075704976 Email Id: hr@vcnutrifoods.com

Role & responsibilities Job Description: Budgeting, forecasting, variance analysis. Month-end close activities (accruals, revenue & expense re-classes) Create detailed financial reports and graphical presentation to support strategic decision-making. Collaborate with regional stakeholders to understand major changes or adjustments needed. Develop, update, and maintain financial models and forecasts. Produce weekly and monthly financial reporting for senior management. Understand business trends and accounting principles to provide accurate financial forecasts. Identify opportunities for process improvements within the FP&A function. Leverage technology and tools, including MS Excel and Power BI, to enhance financial reporting and analysis. Must have skills: Advance Excel Financial Modelling Variance Analysis Budgeting & Forecasting Good to have skills Communication Skills CA, CFA, plus

Overview The cost accountant position is responsible for all aspects of Manufacturing and Production costing analysis and inventory for Macnaught Private Limited ( India Manufacturer). The cost accountant is responsible for implementing correct cost method for the business, comparing system cost to actual cost and identifying and explaining variances by product. The cost accountant must also work closely with engineering, purchasing and operation teams to resolve variances and adjust Bills of Materials (BOM's). Roles & Responsibilities 1. Develop and maintain cost accounting system that ensures accurate costing by analysing product costing and standard costing. 2. Produce daily production, variance and ad hoc reports 3. Review and analyse system and actual costs for variances and prepare reports and identify areas for cost reduction 4. Update system costs and ensure accuracy in the Bill of Materials (BOM's) 5. Prepare, analyse and report monthly gross margin analysis by customer, part number and production jobs 6. Analyse and track changes in product design, raw materials, manufacturing methods, or services to determine effects on costs, contributing to better cost management 7. Study and collect data to determine costs of business activities such as raw material purchases, inventory and labour 8. Responsible for account reconciliation of physical inventories and cycle counts (Monthly/ quarterly)? 9. Prepare periodic inventory reserves reconciliation, analysing inventory for risk, and monitoring with support from internal stakeholders, ensure accuracy and minimizing waste 10. Assist in month-end and year-end closing by analysing inventory and preparing supplemental reports as needed 11. Estimate cost for new products, projects, or processes 12. Participate Support? in the budgeting process, ensuring accurate cost projections and management reporting? 13. Collaborate with other departments to implement cost-saving measures and process improvement 14. Ensure compliance with accounting standards and regulations, stay up-to-date with industry best practices and accounting standards 15. Work on special projects as required Required Skills and Qualifications: Education: ICWA CMA. Experience: 6-8 years of experience in cost accounting in a manufacturing environment. Knowledge: Strong understanding of cost accounting principles, manufacturing processes, and financial reporting. Skills: Analytical skills, problem-solving skills, strong analytical and communication skills, proficiency in accounting software, proficiency in excel with large database, Certifications: CMA or other relevant accounting certifications are a plus. KPIs Cost Variance Analysis : Identify & reduce cost variances by 10% annually Inventory Valuation Accuracy : Maintain a 95% accuracy in inventory costing & valuation. Timely Cost Reports Submission: Submit MIS and cost reports by the 5th working day monthly/ quarterly? Audit Compliance: Zero major non-compliances in cost audits or internal audits

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.

KEY RESPONSIBILITIES 1.Assist in the preparation, analysis, and distribution of timely MIS reports 2.Coordinate and support internal and external audits by gathering necessary data, assisting in the audit process, and addressing any discrepancies. 3.Monitoring and enforcing internal control procedures 4.Assist in costing of the new enquiry 5.Identify opportunities for automation in reporting systems to improve efficiency and reduce manual intervention. 6.Liaise with different departments (CSD, HR, Operations, etc.) to gather relevant data for accurate reporting. 7.Monitor fixed expenses closely, performing variance analysis against the budget, and providing actionable insights and recommendations for cost optimization SKILLS Functional Strong in costing Good accounting knowledge Analytical Have Excel knowledge Result Orientation Innovative Customer orientation Willingness to take initiatives Self-Motivated Assertiveness People Skills & Team Management Skills

- Age- 25 to 29 years; - CA / MBA; - Financial Analysis & Reporting- Prepare & present financial reports; Prepare segment P&L and SKU level profitability analysis; - Template & Report Management- Lead the markets in populating financial templates; Required Candidate profile -Continuous Improvement- enhance financial reporting and analysis capabilities; - Operational Support- Work with cross-functional teams to understand opex drivers and go-forward expectations;

Roles and Responsibilities Manage accounts payable (AP) process from purchase order (PO) to payment processing. Coordinate with vendors for invoice verification, PO creation, and MIS reporting. Ensure timely payment collection through effective vendor management and forecasting. Prepare variance reports to identify areas of improvement in finance and accounting operations. Oversee budgeting, forecasting, and MIS reporting for accurate financial planning. Desired Candidate Profile 6-11 years of experience in finance & accounts or related field. Strong knowledge of AP processes, including PO creation, invoice processing, and payment processing. Excellent coordination skills for vendor coordination and management. Proficiency in preparing variance reports using various tools such as MIS software. Interested candidates can connect with me at siddhant.kanojia@sodexo.com

Financial reporting and budgeting by preparing cost sheets, stock valuation, and management reports and also coordinating yearly and capital budgets. Conducting variance analysis with Actuals VS Budget Generating monthly MIS reports for management