Associate - Supply Chain Finance - FMCG

Job Summary (purpose) : The Supply Chain Finance Analyst is responsible for activities in Cost & Inventory and Fixed Assets.

Main Responsibilities :

- Perform period closing activities and validation checks post-closing activities.

- Fixed Assets accounting & Capital budget monitoring.

- Record fixed asset acquisitions and dispositions in the accounting system.

- Conduct periodic reviews of the fixed asset schedule to determine dispositions and identify idle assets, if any.

- Reconcile the balance in the fixed asset subsidiary ledger to the general ledger.

- Run depreciation for all fixed assets.

- Depreciation Forecasting for Budget purposes - including depreciation on projected spending.

- Accounting for Restructuring Projects.

- Works on complex Analysis to provide insights - such was impairment or restructuring projects, new plant set ups.

- Run monthly Plant Performance Report.

- Conduct MWIP Report and Analysis.

- Perform the fixed asset master data adjustment.

- Provide FA data to support tax, statutory and regulatory.

- Conduct Y/E asset accounting.

- Undertake the costing of new products & periodic cost revisions.

- Calculate, post, and allocate JE.

- Allocate overheads to the product as per the stage of processing.

- Perform cost center review and resolve discrepancies, if any.

- Prepare daily/weekly purchase price variance analysis report.

- Settle internal orders in a daily/weekly basis.

- Prepare monthly costing reports.

- Post monthly standard and judgment based accruals.

- Calculate, Review and Approve inventory reserve requirements including SLOB monthly.

- Analyze Product wise profitability.

- Perform process reconciliations.

- Analyze the actual costs against the budgeted costs and explain the variances.

- Prepare standard cost calculation for commercial and manufacturing sites.

- Perform Budget costing.

- Works on complex Analysis to provide insights - such as global category type.

- Perform FI / CO / PA reconciliation monthly.

- Perform SOX assessment and compliance

Who are the key stakeholders the incumbent will engage with?

- Cross functional stakeholders: Non-Finance (CS&L, Production, Procurement) and Finance teams in Colgate entities and other centers

- External and Internal Auditors

Required (Education, Knowledge required, Language skills, etc.):

- B.Com or CWA.

- 3-5 years.

- SAP Experience - minimum one year (Proficient in SAP - FI/CO/PA/MM modules)

- Advance Excel

- Google suits

- Experience of month end closing

Preferred Requirements :

- Working knowledge of SOX

- Advanced knowledge of Cost and Plant accounting

- Well versed with BI Platforms ,Domo ,Sigma, Tableau, Scripting

- Comfortable with managing and analyzing large data and developing visualization in Slides (or other tools)

- Prior experience in working with multiple teams including business engagement across virtual platforms