Manager Costing

2 weeks ago


tamil nadu, India MagickWoods Limited Full time
Position Title: Manager Costing - MIS
Years of Experience: 10-12 Years
Location: Maraimalai Nagar
Qualification: MBA
Purpose of Position:
Responsible for Global MIS reporting functions of the Group covering product level profitability analysis, reporting on Actual Margins for the business transactions & monthly MIS reporting – P&L.
Coordinate with the Product Costing for mapping the Product wise Cost Standards for various supply models and use the information in preparation of monthly, yearly actual profitability reporting.
Coordinate with the Accounting team for the monthly closure of books of accounts & drawing the stand-alone Profitability reports & SG&A reports based on the actual Trial balance & Consolidation of Profitability & SG&A reports at Group level.
Accountability:
The person will be responsible for overall Global MIS reporting function of the Group reporting to GM FP&A.
Qualifications and Skills:
Master’s degree in commerce & Accounting. MBA from Premier B School.
Ten (10) years+ experience in overall & minimum 3years of MIS reporting, budgeting, and Profitability analysis is expected.
Experience with Global MIS reporting best practices is expected.
Attention to detail and accuracy.
Good analytical and costing, accounting skills.
Strong communications and interpersonal skills.
Professional, courteous, and positive manner.
Ability to set priorities and manage multiple task functions simultaneously.
Duties and Responsibilities:
Budget - CM Level
Gathering SKU wise sales data from SCM
Collecting the standard cost data from costing ( Sku wise )
Collection of data for Ocean freight rate & Local freight rate
Co-ordinate with Quality team to get return budget
Preparing Sku wise month wise sales to CM based on the Budget data
Review with costing team - program wise & family wise cm %
Sales to CM - discussing with GM
Sales to CM - comparsion of last year & presentation to CFO
Target Date: 31st Aug of each year
Budget FOH
Co-ordinate & Collecting the FOH data from all the department
Country wise expenses wise FOH
Comparing the FOH with previous year
Discuss FOH with GM / CFO
Target Date: 30th Sep of each year
Budget Global P&L & Standalone P&L
Based on the CM & foh preparing the Global PL & Standalone PL
Discuss & review with GM
Presentation of CM & Global P&L to CFO for approval
Target Date: 1st week of Oct each year
Actual Sales Report
Follow up of India/USA/MT - sales closing
Sales report preparing based on S&OP
Follow up with SCM team
Target Date: 1st working day of every month
Standard costing working for Actual sales qty for Flexible Budget
Coordinating with Accounts team for TB from India / USA - for standalone P&L
Allocate the actual expenses from TB based on std cost working for each Product.
Co-ordinate with quality team to get the part wise return & update in actual
Preparing the Global CM after removing the inter-company margins
Magick Home India_Sales std vs actual - variance checking & update in YTD file
Preparing Part wise CM & Variance std Vs actual & presentation to Management
Coordinate with the SCM team for the S&OP projection on monthly basis.
Preparing the S&OP CM based on the different scenarios.
Target Date: 10th of every month
Global CM report & presentation Deck preparation on monthly basis
Standalone P&L preparation based on TB
Global P&L Preparation based on standalone Pl after netting inter-company transactions
Preparation of Actual Cost & Revenue Variances & discussion with management
Target Date: 14th of every month
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