Financial Operations Manager, Costing

1 week ago

Bengaluru, India Ralph Lauren Full time
Position OverviewRalph Lauren seeks a Cost Accounting Manager to join our Finance organization leading and working within team responsible for setting, updating and analyzing inventory standard costs and transfer prices in accordance with RL’s standard operating procedures and accounting principles.The successful candidate will have at least 10+ years progressive responsibility within an accounting or financial operations team where the experience should include inventory costing, accounting and/or reporting responsibilities within an inventory driven retail or consumer goods organization.

Essential Duties & ResponsibilitiesManages costing team with respect for RL corporate valuesEnsures all inventory items are costed accurately and timelyMaintains and develops costing KPI / performance metrics including demonstrating respect for timelines as well as cost-update decisionsChallenges, recommends and contributes to thought-provoking opportunities to improve the costing process to enhance effective / efficiencyBuilds effective collaboration with the Production team providing efficient flow of information required to cost inventory itemsProvides meaningful analysis of Purchase Price Variance’s when requestedCompletes assigned month-end financial closing tasks and provides requested data for periodic forecastsResponsible for timely and supported responses to internal and external audit requests and SOX (Sarbanes-Oxley) compliance controlsCompletes ad hoc analysis & projects as assigned

Experience, Skills & KnowledgeBcom/ Mcom/ MBA Graduates with progressive responsibility in Retail Industry10+ years progressive responsibility on inventory accounting, costing and/or reporting experience (any combination of public / private) within a retail or consumer goods environmentPreference will be given to qualified Chartered Accountants/ Cost Accountants/ CMA/CWAWorks comfortably with large data sets utilizing query, reporting and summarization features within Excel / BI toolsEngages in coaching direct reports via periodic touch-bases, thought-provoking assignments and genuine empathy in accordance with RL corporate valuesLeads root cause analysis, including self-critical observations, to provide constructive feedback and opportunities for improvement

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