Product Costing Specialist

2 weeks ago

Pune, Maharashtra, India AkzoNobel Full time ₹ 9,00,000 - ₹ 12,00,000 per year

The Product Costing Specialist in Global COE -Product Costing is responsible for:

  • Support in an accurate and timely way the product costing activities which mainly involves- periodic costing runs, determine & maintain various costing objects such as rates, tariffs, duties, charges etc. as per product costing policy, perform variance analysis, handle error resolution, calculate & monitor mark ups for intercompany delivery etc.
  • Active interaction with ISC functions, R2R experts, Accounting Controllers and FP&A about product costing & related subjects.
  • Support product costing lead in adhoc activities
  • Drive CI mainly standardization and quality

  • Ensure compliance of various policies related to product costing & adherence to companys accounting policies & treatments.

  • Role & responsibilities

  • Support in an accurate and timely way the product costing activities for the plants or entities assigned

  • Perform recurring activities such as periodic costing runs, maintain production tariffs, freight rates, customs duty as per product costing policy
  • Perform outlier analysis of costing run results, handle error resolution (rule & non-rule based) & initiate corrective actions.
  • Calculate, maintain & monitor mark ups to support intercompany delivery billing
  • Perform outlier anlaysis of ICD pricelists and follow up on outliers
  • Perform financial impact analysis of costing activities, inventory revaluation, price difference analysis.
  • Advise on operational complex and judgement-based product costing activities
  • Monitor compliance with policies and treatments as per Webfem
  • Comply with rules and regulations set by global accounting and implement accounting policies
  • Identify and signal recurring issues for further process improvement
  • Drive standardization and quality in the true sense of COE & target efficiencies
  • Operational key link for COE (e.g. in escalation or advice on transactions)
  • Support Senior Specialist/ Product costing team lead in liaising with various business stakeholders mainly ISC.

Support in adhoc product costing requirements

Preferred candidate profile

  • Accounting professional preferably cost accounting background with 5-7years of experience mainly in handling costing activities for a manufacturing organization and capable of analyzing complex processes and issues
  • Professional Degree in Accounting or Costing (ACA, ICWA, CMA)
  • Adequate expertise knowledge in cost accounting and understanding of Financial / ERP systems,
  • SAP expertise especially handling product costing related activities with an ability to handle basic system issues & also support complex scenarios.
  • Experience in working in a COE/ shared services environment preferred.
  • Advanced user of Microsoft Excel
  • Autonomous in organizing responsibilities and work
  • Ability to work under severe time pressure and continuously retain an eye' for the details

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