Head - Cost Optimization - Pharma - CA/CMA

Qualification : CA/CMA

KRA :

- Costing process : Guide and build end to end costing process for in partnership with stakeholders. Develop and execute cost reduction strategies aligned to broader company objectives, including identifying process improvement programs for increased efficiencies and effectiveness. Ensure the organization has a robust cost estimating process; hold responsibility for updating Cost-to-Serve regularly

- Profitability and mitigation : Maximize profitability through product cost savings initiatives factoring in impact from sourcing strategy shifts, manufacturing practices, duty landscape, macro-economic variables, payment terms, logistics models, business and consumer needs. Be forward-looking.

- Productivity / efficiency improvement : Facilitate productivity improvement / level-loading programs with Supply partners and ensure resultant savings are fully realized. Consult on cost impacts of potential product engineering solutions for key product programs / categories.

- Sourcing Strategy : Influence sourcing strategy through modelling impacts of potential decisions and shifts on overall cost base and profitability.

- Connectivity : Liaise with Supply and Finance Leadership; review cost benefits realized in company P&L and balance sheet. Report out on progress, risk, and opportunities

- Team : Build, motivate and develop the Cost Optimization across organization, virtual network through strong leadership. Identify and nurture talent to ensure skillsets of the future and succession plans are in place.

Other parameters :

- Demonstrated ability leading the end-to-end cost reduction process

- Capable to analyze the market, track supplier and competitive trends

- Influencing skills and; credibility to interact effectively with R&D leaders;

- Deep understanding of cost drivers and cost models; analytical ability to connect this to favorable financial terms

- Comfortable in rolling up one's sleeves and leading by example whether digging into the data or participating in a supplier engagement

- Comfortable operating in a growth-oriented environment maintaining a high sense of urgency and performance management

- Global experience and an understanding of the nuances and differences among business cultures