Senior Product Costing Specialist

1 week ago

thiruvananthapuram, India beBeeCostAnalyst Full time

Job TitleAbout the roleWe are seeking a detail-oriented Cost Analyst to join our team. This is an exciting opportunity for someone who enjoys working with numbers and has a keen eye for detail.This position involves managing product costing activities on SAP, ensuring accuracy and timeliness in data entry.You will be responsible for reviewing and validating master data components that impact product costing.Your analytical skills will be put to good use in identifying causes of price variances and taking corrective action.You will work closely with markets to ensure standard costs are released on time and accurately.Operational AnalysisAnalyze 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.Develop reports that provide insights into price and factory variances.Month Close ActivitiesReview of gross stocks and reports that provide value of gross stock based on group accounting policy.Calculate variance to be calculated based on group policies.Adherence to standard methodology for calculation of provisions and bring improvements in process as required.Ad hoc business supportDeep dives into transactions and processes to identify issues that may be present and provide solutions for such issues.Validation of dashboards and reports.Provide guidance to markets relating to standard processes and methodologies in areas related to costing and inventory valuation.Required Skills and Qualifications:Certified/Qualified Accountant: An accountant certified by a professional accounting body (Chartered accountant or Cost and Management Accountant).University Degree.A minimum of eight years of post-qualification work experience with a manufacturing organisation.Minimum of six years hands-on experience with SAP product costing and end-to-end process knowledge.Knowledge on SAP MM and PP modules. Must have experience on how the non-financial information impacts costing.Must have thorough understanding of SAP CO module and process flow for product costing and fixing errors in costing and transaction processing.Experience with analysis of variances.Ability to communicate effectively with stakeholders (oral and written).Ability to work independently or within a team environment and with multiple priorities.Proficiency with spreadsheet applications (Excel) and reporting and analysis tools (BW, BCS, Lumira etc.).Desirable Skills and Qualifications:Self-motivated.Collaboration in a remote work environment.Analytical and logical thinking skills.Focus on quality without sacrifice of time.Self-learning ability.Flexibility with time and scope of work.

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