Sr. Manager - Costing Jobs in Pune - For a client of TeamLease Services Ltd

Roles and Responsibilities:

1. Preparation & reporting of Product costing MIS and related reports to Management;
2. Enable accurate Product costing as per various applicable standards;
3. Set-up strong benchmarks to enable product/process cost reduction;
4. Informative MIS reporting on all product cost-related areas to enable effective decision making;
5. Drive system automation to re-orient business processes;
6. Identification of avenues for improvement and driving them for results;
7. Drive the external & internal audit environment to achieve strong synergies and progressive efficiencies; 

Key Performance Areas, Activities and competencies

SN

KPA

Activities

1

Product Cost (including overhead allocation)

Ensure correct update of material master data;

Maintain correct MAP & Standard Price in SAP;

Cost Roll ups activities and analysis thereof;

Consumption Reconciliation;

Under/over absorption of expenses;

BoM reconciliations;

2

Management MIS reporting

Timely reporting of Management MIS;

Advising improvements/corrective actions for process improvements/cost reductions;

Analyze financial transaction heads to spot process improvement/cost reduction opportunity;

3

Co-ordination of Cost Audits

Co-ordination with Cost Auditors and other agencies for timely completion and reporting of Cost audit reports & enabling of corrective action of audit observations;

4

Strong working relationships with Inter/Intra departmental stakeholders

Ensure strong working relationships with Inter/Intra department stakeholders to help built internal competencies;

5

Others

Driving other processes resulting in achievement of Role objectives;

Functional competencies required:

1. In-depth knowledge of Cost Accounting Standards;
2. Working exposure to cost audit exercise;
3. Detailed understanding of various costing models, cost built ups & overhead allocation;
4. Process understanding of material flow through various production stages from raw material procurement to finished goods;
5. Understanding of Consumption Reconciliation;
6. Detailed understanding of Material Management, Costing & Finance module of SAP;
7. Strong Command over MS Excel;
8. Adept at report writing;
9. Experience of developing & monitoring policies as well as standard work practices for various areas of the finance function;

Behavioral competencies required :

1. Communication Skills
2. Keen Observation Skills
3. Planning & Organizing
4. Analytical Skills
5. Problem Solving
6. Time Management