Chief Cost Optimization Specialist

2 weeks ago


india beBeeCostAnalyst Full time

Job OverviewWe are seeking a Cost Analyst to join our organization in this exciting role. As a Cost Analyst, you will be responsible for managing product costing activities, analyzing variances, and providing business insights to optimize inventory valuation.Key ResponsibilitiesTransition of BU level costing activities to finance CoEResponsible for product costing activities performed within the ERP system (SAP) for markets with centralized costingEstablish process for analysis of variances (Price & Factory) and provide actionable items to reduce variances compared to established standardsSupport and guidance for inventory valuation including calculation of capitalized variances and stock provisionsLiaise with technology teams to resolve issues in processes or reportsPerform ad hoc analysis as required, including deep dives to identify issuesValidate dashboards and reports relating to inventory, procurement, and factory performanceRequired Skills and QualificationsCertified/Qualified Accountant: An accountant certified by a professional accounting body (Chartered accountant or Cost and Management Accountant)University DegreeA minimum of eight years of post-qualification work experience with a manufacturing organizationMinimum of six years hands-on experience with SAP product costing and end-to-end process knowledgeKnowledge on SAP MM and PP modules and experience on how non-financial information impacts costingThorough understanding of SAP CO module and process flow for product costing and fixing errors in costing and transaction processingExperience with analysis of variancesAbility to communicate effectively with stakeholders (oral and written)Ability to work independently or within a team environment and with multiple prioritiesProficiency with spreadsheet applications (excel) and reporting and analysis tools (BW, BCS, Lumira etc.)



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