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Product Cost Analyst

2 months ago


Navi Mumbai, India Nouryon Full time

At Nouryon, our global team of Changemakers takes positive action every day, to reach higher collectively and individually. We create innovative and sustainable solutions for our customers to answer society’s needs – today and in the future.

Purpose and Key Objectives of the Job

  • Conducting financial analysis and providing forward-looking management information aimed at improvement of the operational and financial effectiveness of the plant.
  • Support the Site Controller to perform costing, month-end closing, and reporting activities for the plant.
  • Support the functional teams on day-to-day questions related to costing.
  • Play a crucial role in the transition of product costing activities across key sub-processes with an ability to work in a complex business environment and liaison with multiple stakeholders.

About the job (Job Responsibilities)

  • Product costing – calculates and reports cost prices. Executes SAP monthly costing run. Advice on bills of materials (BOMs) changes.
  • Monitoring the development of purchase price variances at our 60 global sites.
  • Analyzing PPVs and providing commentary for the monthly reporting.
  • Follow-up on recurring/unresolved PPVs.
  • Work in close cooperation with the accounting team and shared service centers with respect to the registration of financial transactions in the accounting systems and clearing of open items. Responsible for financial registration of fixed assets at the site and adherence to Product cost reporting requirements.
  • Prepare recurring and ad hoc reports and analyses for the Business Unit/functions.
  • Contributes to the development and implementation of the strategy for the assigned business operations.
  • Maintain and monitors site procedures with the help of functional leads. Responsible for follow-up of the internal audits and external financial audits.
  • Assures adequate internal control for the assigned business operations.
  • Identify, align, and execute additional activities within the center as necessary.
  • Translate key insights from performance analysis into recommendations.

We believe you bring (Education & Experience)

  • Chartered Accountant/Cost & Management Accountant/MBA (Finance) from a B-School with relevant experience.
  • 5 to 8 years of experience in financial analysis/project controlling functions.
  • Worked in the chemical manufacturing industry with a global multi-national organization.
  • Proficient in Microsoft Office 365 applications including MS Excel, MS PowerPoint.
  • Knowledge of ERP systems (SAP, Business Warehouse, PowerBi, SAP Analytical Cloud).
  • Fluent in English both verbally and in writing.
  • Flexible, Feels comfortable in a demanding environment within an international context.
  • Have strong interpersonal skills, creates enthusiasm, be a driver of change, analytical and fact-based.

Please apply via our online recruitment system. We will not accept applications via e-mail. Once it's with us we will review to see if we have a match between your skills and the role For more information about our hiring process, visit: nouryon.com/careers/how-we-hire/

We look forward to receiving your application

We kindly ask our internal candidates to apply with your Nouryon email via Success Factors.

If you’re looking for your next career move, apply today and join Nouryon’s worldwide team of Changemakers in providing essential solutions that our customers use to manufacture everyday products such as personal care, cleaning, paints and coatings, agriculture and food, pharmaceuticals, and building products. Our employees are driven by the wish to make an impact and actively drive positive change. If that describes you, we will gladly make way for your ambitions. From day one we support you with your personal growth, through challenging positions and comprehensive learning and development opportunities, in a dynamic, international, diverse, and proactive working environment.

Visit our website and follow us on LinkedIn .

#WeAreNouryon #Changemakers