Records to Reports Lead

4 weeks ago

Mumbai, Maharashtra, India JSW Paints Full time

Position Name

R2R Lead

Position Details

Location

Mumbai

Key Responsibilities and Focus Areas

Key Responsibilities:

  1. Inventory Valuation & Costing
  • Oversee batch costing, ML runs, and standard cost releases.
  • Ensure accurate COGS schedules and month-end variance calculations.
  • Monitor and validate inventory valuation postings in SAP.
  1. Inventory Reporting
  • Prepare and review material cost reports, ageing reports, NRV testing, and SLOB analysis.
  • Conduct monthly reconciliations (STO, SAP GL vs Costing) and FOC analysis.
  • Manage material code approvals and maintain inventory control sheets.
  1. Monthly Book Closing
  • Ensure timely capitalization and closure of open AUC items.
  • Coordinate month-end closing activities and reporting accuracy.
  1. Audit Support
  • Facilitate smooth audit closures by providing timely responses and requisite data.
  • Address audit queries and ensure compliance with reporting standards.
  1. Process Improvement Initiatives
  • Lead automation projects such as SKU-level costing, ageing reports, and marketing collateral accounting.
  • Implement system enhancements like auto-deletion flags for closed process orders.
  1. Cross-functional Collaboration
  • Work closely with Plant, Costing, and IT teams to understand operational issues.
  • Develop SOPs and ensure proper classification and backup of material costs.

Focus Areas:

  • Accuracy in Inventory Valuation and Reporting
  • Timely Month-End and Audit Closures
  • Process Automation and System Improvements
  • Effective Use of SAP for R2R Activities
  • Strong Collaboration Across Finance and Operational Teams

Candidate Profile

Educational & Work Experience: CMA, 4 to 6 years of experience

Key Competencies | Skills:

  • Strong expertise in SAP FICO , especially in inventory valuation, costing, and month-end closing
  • Advanced Excel skills for financial reporting, reconciliations, and automation
  • In-depth knowledge of inventory accounting and reporting (ML runs, NRV testing, activity costing, etc.)
  • Experience in audit handling and compliance , including timely data submission and query resolution
  • Proven ability in process improvement and automation , including report automation and system enhancements
  • Team handling and cross-functional collaboration with Plant, IT, and Costing teams for smooth operations

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