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Title:  Process Specialist - Product Costing

Job Requisition ID:  334657
Location: 

Bangalore, Karnataka, IN India, 560087

Category:  FINANCE
Description: 

Job Purpose and Impact

The Product Costing process specialist oversees the end-to-end Product Costing operations for the Food (NA or EMEA) business. This role is responsible for driving Material ledger close, problem-solving, fostering collaboration with key stakeholders to influence and implement change, monitoring, and analysing key performance indicators and metrics. 

Key Accountabilities

  • Decision Support: Provide deep-dive analysis on Process Order Variance, Purchase Price Variance, Periodic Unit price, Cost of goods manufactured (COGM). 
  • Lead the configuration, maintenance, and optimization of the SAP CO (Costing) module, covering product cost by Order, monitoring performance against established metrics, developing & implementing appropriate action plans when necessary, incorporating stakeholder feedback.  
  • Manage assessments and distributions, activity rate calculations, process order settlements, actual costing, and the Material Ledger close.
  • Contribute and implement continuous process improvement, including simplifying and optimizing process, improving data integrity, and leveraging current technology.
  • Cross-Functional Partnership: Collaborate with MSC, RTR, Controllership and other CFT’s to ensure accurate master data, Process integration. Translate complex operational data into meaningful financial metrics for senior management.  
  • Lead process improvement projects, Oversee UAT cycles, Project Go-lives, and SAP migrations and other duties as assigned. 

Qualifications

Minimum Qualifications 

  • Fully Qualified CMA. 
  • 5 - 8 Years of total experience and minimum 3 years of Product Costing experience.
  • Expert level knowledge of SAP controlling module (CO), strong understanding of Material Ledger and Inventory Valuation.
  • Advanced data analytical skills for using spreadsheets, business intelligence tools.  
  • Experienced leveraging financial and business systems to monitor business activities and aid in decision making.
  • Experienced working with multiple businesses or international business experience.
  • Shift timings - 12:30 PM to 09:30 PM  (flexible to extend during month end) 

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