Chief Financial Analyst
1 day ago
Job Description:This is a role within a business where the primary focus is on analyzing and managing costs.As a Cost Analyst, you will be responsible for transitioning certain costing activities to finance, establishing processes for analysis of variances, and providing business insights.Key responsibilities include single point contact for product costing, independently handling entire product costing activities, regular review of materials pending for cost release, and liaison with markets for timely update of standard costs.The successful candidate will also conduct reviews to ensure accuracy of standard costs, and review and validate master data components that have an impact on product costing.Operational Analysis: Analyze procurement transactions to identify causes of price varianceReview exceptions and abnormal variances and liaise with markets to take corrective actionConduct factory variance analysis and consolidationDevelop reports that provide insights into price and factory variancesMonth Close Activities:Review gross stocks and reports that provide value of gross stock based on group accounting policyCalculate variance according to group policiesAdhere to standard methodology for calculation of provisions and bring improvements in process as requiredRequired Skills and Qualifications:Essential:Certified/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 organisationMinimum of six years hands-on experience with SAP product costing and end-to-end process knowledgeKnowledge on SAP MM and PP modules. Must have experience on how non-financial information impacts costingMust have thorough 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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