
R2R Lead
2 weeks ago
Job Description
Position NameR2R Lead
Position DetailsLocationMumbai
Key Responsibilities and Focus AreasKey Responsibilities:
Inventory Valuation & Costing
Oversee batch costing, ML runs, and standard cost releases.
- Ensure accurate COGS schedules and month-end variance calculations.
Monitor and validate inventory valuation postings in SAP.
Inventory Reporting
Prepare and review material cost reports, ageing reports, NRV testing, and SLOB analysis.
- Conduct monthly reconciliations (STO, SAP GL vs Costing) and FOC analysis.
Manage material code approvals and maintain inventory control sheets.
Monthly Book Closing
Ensure timely capitalization and closure of open AUC items.
Coordinate month-end closing activities and reporting accuracy.
Audit Support
Facilitate smooth audit closures by providing timely responses and requisite data.
Address audit queries and ensure compliance with reporting standards.
Process Improvement Initiatives
Lead automation projects such as SKU-level costing, ageing reports, and marketing collateral accounting.
Implement system enhancements like auto-deletion flags for closed process orders.
Cross-functional Collaboration
Work closely with Plant, Costing, and IT teams to understand operational issues.
- Develop SOPs and ensure proper classification and backup of material costs.
Focus Areas:
- Accuracy in Inventory Valuation and Reporting
- Timely Month-End and Audit Closures
- Process Automation and System Improvements
- Effective Use of SAP for R2R Activities
- Strong Collaboration Across Finance and Operational Teams
Candidate Profile Educational & Work Experience: CMA, 4 to 6 years of experience
Key Competencies | Skills:
- Strong expertise in SAP FICO, especially in inventory valuation, costing, and month-end closing
- Advanced Excel skills for financial reporting, reconciliations, and automation
- In-depth knowledge of inventory accounting and reporting (ML runs, NRV testing, activity costing, etc.)
- Experience in audit handling and compliance, including timely data submission and query resolution
- Proven ability in process improvement and automation, including report automation and system enhancements
- Team handling and cross-functional collaboration with Plant, IT, and Costing teams for smooth operations
JSW Paints Private Limited
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