Inventory & Cost Controller

3 months ago

Pithampur, India CNH Industrial Full time

**Position**: Inventory & Cost Controller

**Desired Qualification**: CA/CMA/MBA/M. Com - with 8 years of Experience.

1. Monthly Inventory valuation of Raw Material, WIP & Finished Goods. Monthly reserve creation for inventory valuation.

2. Monthly Compilation of Moving Average Price for each BOM items and its analysis with prior period and Standard cost. Purchase and purchase price variance analysis.

3. Inventory aging Analysis with Slow Moving, Non-Moving & Obsolete Inventory bifurcation based on SAP data with actions plan. Monthly obsolescence provision calculation and booking in SAP.

4. Monitor periodic cycle count of inventory with adjustments, if any, thereof in SAP. Inventory adjustment in SAP via Material adjustment notes, Vendor Stock adjustment, Cost center reversals and Scrap notes

5. Standard cost updation of various components, in SAP, on real time basis. Yearly Standard cost evaluation and calculation of yearly impact of revaluation in Inventory and Finished goods.

6. Monthly ECO/ ECN Impact analysis, Engineering changes, etc. of Finished goods. CRT/CPM Project savings review, Validation of various saving projects.

7. Monthly variance analysis of Material, Labour, and Manufacturing OH with Standard cost.

8. Ensuring monthly product cost run in SAP, usage of various tools for analysis in SAP e.g. Cost Centre Report, Purchase Register in SAP, Monthly Cost GL analysis.

9. Budget control of Manufacturing cost. Coordination with various stakeholders in preparing yearly manufacturing Budget & Forecast and control the expenses within proper budget allocation.

10. Monthly Capex controlling through evaluation of CWIP items and getting the certificates from the concerned team to get the CWIP Capitalized in books.

11. Preparation of various MIS for review related to product costing, variances analysis, Head Counts, Plant Capacity analysis, etc.

12. Compliance of cost records and cost audit rules as per statutory requirement. Coordination with Cost Accountants for the timely finalization of Cost Audit/Cost Compliance. Ensuring timely submission of Cost Audit / Compliance report to MCA as per Statutory requirement.

13. Supervise the daily collection of loss data from Plant. Compilation and verification of various saving project created to minimize the loss. Weekly tracking of manufacturing cost saving project and monthly analysis of saving in Manufacturing cost and reporting the same.

14. Working with SAP team for any system related development in FICO module. Work as single point contact for CO module error elimination, if any and report development as per the requirement.

15. Specific task related to Inventory control and Cost Analysis as required by the management.

Other Requirements:
1. Good Knowledge of SAP FICO module.

2. Good in coordination and liasioning with various function, inside organisation. Having Good Communication skill.
- DiversityJob ID

32098

Job Type

Full-time

Location

Pithampur

Experience

8 - 15 Years

Business Unit

CONSTRUCTION SEGMENT

Organization

CNH CONSTR. EQUIP. (INDIA)

Posted

July 11th 2024

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