Lead Analyst

3 weeks ago


Bengaluru, Karnataka, India Momentive Performance Materials Full time

Job Title Lead Analyst - CostingSummary The incumbent of this position will play a key role in optimizing cost management processes influencing key business decisions and driving our global success as part of MBS Responsible for developing and maintaining robust standard cost models conducting detailed analysis of actual costs and driving variance analysis initiatives to optimize financial performance Should play a key role to delivering consistent quality inputs to stakeholders across Business Commercial and Operations Responsible for analysis of various key drivers related to operational efficiency Ensure timely and accurate flow of reporting to control functions Maintain close working relationship and support to Sector Operations Finance LeadersResponsibilities Include Tasks and responsibilities of the position Standard Cost Management Develop maintain and continuously improve standard cost models to ensure accuracy and efficiency in cost calculations across diverse manufacturing operations Perform adequate testing and report analyze results during Actual Costing Implementation project Actual Cost Analysis Perform detailed analysis of actual costs investigating discrepancies and variances to provide actionable insights for cost optimization strategies Variance Analysis Conduct thorough variance analysis highlighting key drivers and collaborating with stakeholders to implement corrective actions where needed Query Resolution Discrepancy Management Manage and resolve cost-related queries variances between Standard Actual and other discrepancies promptly ensuring accurate financial reporting Multi-Plant Coordination Coordinate with teams across multiple plants to gather data harmonize cost accounting practices and streamline reporting processes Collaboration Engagement Work closely with business commercial and product managers providing valuable cost insights and fostering collaborative decision-making Key Metrics Role is Accountable For Standard Cost monitoring Actual Cost Analysis impact Testing Variance Efficiency Query and Discrepancy resolution time Proactive Engagement and Collaboration Qualifications The following are required for the role Qualified Cost Accountant with a robust background and a minimum of 8-12 years of extensive experience in cost accounting variance analysis and standard cost management within diverse manufacturing environments Proven expertise in driving actual costing methodologies and spearheading cost optimization strategies Advanced proficiency in SAP systems with a track record of effectively leveraging SAP modules for comprehensive cost analysis financial reporting and process improvement initiatives Exceptional skills in tools for complex data analysis financial modeling and generating insightful reports to drive decision-making at executive levels Outstanding verbal and written communication skills adept at effectively conveying complex financial concepts to stakeholders across various functions Strong capability in mentorship demonstrated by successfully guiding and developing junior staff to enhance team performance and professional growth Ability to thrive in a fast-paced dynamic environment adept at managing multiple priorities while maintaining meticulous attention to detail and meeting tight deadlines Preferred Qualifications Experience in TABLEAU PowerBI with be a plus What We Offer At Momentive we value your well-being and offer competitive total rewards and development programs Our inclusive culture fosters a strong sense of belonging and provides diverse career opportunities to help you unleash your full potential Together through innovative problem-solving and collaboration we strive to create sustainable solutions that make a meaningful impact Join our Momentive team to open a bright future BePartoftheSolutionAbout Us Momentive is a premier global advanced materials company with a cutting-edge focus on silicones and specialty products We deliver solutions designed to help propel our customers products forward products that have a profound impact on all aspects of life around the clock and from living rooms to outer space With every innovation Momentive creates a more sustainable future Our vast product portfolio is made up of advanced silicones and specialty solutions that play an essential role in driving performance across a multitude of industries including agriculture automotive aerospace electronics energy healthcare personal care consumer products building and construction and more Momentive believes a diverse workforce empowers our people strengthens our business and contributes to a sustainable world We are proud to be an equal opportunity employer Qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability status as a protected veteran or any characteristic protected by law To be considered for this position candidates are required to submit an application for employment and be of legal working age as defined by local law An offer may be conditioned upon the successful completion of pre-employment conditions as applicable and subject to applicable laws and regulations Note to third parties Momentive is not seeking or accepting any unsolicited assistance from search and selection firms or employment agencies at this time Momentive Performance Materials


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