R2R Lead

2 weeks ago

Mumbai, Maharashtra, India JSW PAINTS Full time ₹ 5,00,000 - ₹ 12,00,000 per year

Job Description

Position NameR2R Lead

Position DetailsLocationMumbai

Key Responsibilities and Focus AreasKey Responsibilities:

  1. Inventory Valuation & Costing

  2. Oversee batch costing, ML runs, and standard cost releases.

  3. Ensure accurate COGS schedules and month-end variance calculations.

  4. Monitor and validate inventory valuation postings in SAP.

  5. Inventory Reporting

  6. Prepare and review material cost reports, ageing reports, NRV testing, and SLOB analysis.

  7. Conduct monthly reconciliations (STO, SAP GL vs Costing) and FOC analysis.

  8. Manage material code approvals and maintain inventory control sheets.

  9. Monthly Book Closing

  10. Ensure timely capitalization and closure of open AUC items.

  11. Coordinate month-end closing activities and reporting accuracy.

  12. Audit Support

  13. Facilitate smooth audit closures by providing timely responses and requisite data.

  14. Address audit queries and ensure compliance with reporting standards.

  15. Process Improvement Initiatives

  16. Lead automation projects such as SKU-level costing, ageing reports, and marketing collateral accounting.

  17. Implement system enhancements like auto-deletion flags for closed process orders.

  18. Cross-functional Collaboration

  19. Work closely with Plant, Costing, and IT teams to understand operational issues.

  20. 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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