Senior Product Costing Specialist

2 weeks ago

mumbai, India beBeeCostAnalyst Full time

About the RoleWe are seeking a Cost Analyst to join our team, who will be responsible for product costing activities performed within our ERP system. The ideal candidate will have a minimum of eight years of post-qualification work experience with a manufacturing organisation and six years hands on experience with SAP product costing.The successful candidate will establish processes for analysis of variances (Price & Factory) and provide business insights including actionable items to reduce variances compared to established standards. They will also perform ad hoc analysis as may be required and validate dashboards and reports relating to inventory, procurement and factory performance.Additionally, they will conduct reviews to ensure the accuracy of standard costs, 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.Analyze procurement transactions and identify the cause for price variance.Review exceptions and abnormal variances and liaise with markets to take corrective action.The successful candidate will also be responsible for reviewing gross stocks and calculating variance based on group accounting policy, adhering to standard methodology for calculation of provisions and bringing improvements in process as required.RequirementsCertified/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.Ability to communicate effectively with stakeholders (oral and written).Ability to work independently or within a team environment and with multiple priorities.This role offers a unique opportunity to make a significant impact in the textile industry, working with a global leader that is committed to innovation, excellence and fostering a diverse and collaborative environment where every team member can thrive.

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