Analytical Strategist

2 weeks ago

alappuzha, India beBeeCostAnalyzer Full time

Career Opportunity: As a Cost Analyst, you will play a pivotal role in transitioning business unit-level costing activities to finance.Main Responsibilities: You will be responsible for product costing activities performed within the enterprise resource planning system. Your duties include establishing processes for analysis of variances and providing actionable insights to reduce variances compared to established standards.Ongoing Tasks: You will provide support and guidance for inventory valuation, including calculation of capitalized variances and stock provisions. Additionally, you will perform ad hoc analysis as required, including deep dives to identify issues. Validation of dashboards and reports relating to inventory, procurement, and factory performance are also key tasks.Product Costing Expertise: Independently handle entire product costing activities, regularly reviewing materials pending for cost release and liaising with markets for timely update of standard costs.Standard Costs Review: Conduct reviews to ensure accuracy of standard costs and review and validate master data components that have an impact on product costing such as bill of materials, routings, costing lot size, and procurement keys.Operational Analysis: Analyze procurement transactions and identify the cause for price variance, review exceptions and abnormal variances, and liaise with markets to take corrective action. Factory variance analysis and consolidation are also key aspects of this role.Month Close Activities: Review gross stocks and reports that provide value of gross stock based on group accounting policy, calculate variance, and adhere to standard methodology for calculation of provisions and bring improvements in process as required.Ad Hoc Business Support: Perform deep dives into transactions and processes to identify issues, validate dashboards and reports, and provide guidance to markets relating to standard processes and methodologies in areas related to costing and inventory valuation. Liaise with technology teams in resolution of issues with reports and processes is also essential.

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    alappuzha, India beBeeStrategist Full time

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    alappuzha, India beBeeStrategist Full time

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