Mf Fin Costing

Smart infrastructure from Siemens makes the world a more connected and caring place - where resources are valued, where impact on the world is considered, where sustainable energy is delivered reliably and efficiently. It provides the flexible infrastructure to allow society to evolve and respond to changing conditions. Technology and the ingenuity of people come together to be at one with our environments and to care for our world. We do this from the macro to the micro level, from physical products, components and systems to connected, cloud-based digital offerings and services. Siemens offers a broad portfolio of grid control and automation; low
- and medium-voltage power distribution, switching and control; and building automation, fire safety and security, HVAC control and energy solutions.

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MF FIN Costing Executive Profile - Handling costing for New Products and Existing products

Calculation of EBIT/EVA for new products and Localization products

Account view and material master creation for new parts, commodities

Updating Standard cost in system for New products, parts, commodities, sub-assembly components

Successful execution of cost roll up for new MLFB’s in system in alignment with various departments and updating material master

Standard price updation in system with respect to moving average for ROH, HALB twice a year.

Setting Standard cost in System for existing products - Ck11n cost Rollup

Account view and material master creation / updation for new parts, commodities

Monitoring and analysis of moving average cost for the product regularly

Siemens affiliated import items offer acquisition and updating of rates in system.

FP Updating in system yearly in alignment with BD

PUMA MCP calculation monthly

Coordination with production team for SMH calculation in Regulative and Hourly production cost calculation.