Head - Costing - FMCG

Head Costing

Job Description :

- We have an Opportunity for Costing (Head)Role with Our client which is 9000+ Cr. Company.

- The Professional Who knows Costing principles and methodologies, Understanding Industry dynamics, SAP Modules.

- The Professional Should co-ordinate with management, Operations, R&D, Marketing, Accounting and Legal team

Job Responsibilities :

Strategic role :

- Goal setting for the organization in terms of profitability.

- Information/ data from the key stake holders (senior leadership) of the organization should be evaluated from the financial goal perspective of the organization.

- This information/data should be transformed into strategy to facilitate quick decision making of the organization.

- Help the Management to take quick decisions.

- Review the decision taken and keep Management informed if any deviation.

Infrastructural role :

- He should build infrastructure which can integrate data from all the departments and, with the help of analytical tools, convert this data into information for quick decision making.

Accounting Role :

- Cost accountants help to plan, budget and monitor performance

- Set standard unit costs and recommend appropriate cost-saving opportunities

- Understanding where a company is spending money as well as which products/ brands/ SKUs are profitable.

- Raising Red flags at the right time if costs are allocated over the budget.

Operational Role :

- Maintaining the records in SAP

- Updating the SAP with the actual PO's.

- Monthly updates as the legal requirements

- Provide factual Monthly costing updates

- Coordinating, implementing and monitoring budgetary controls.

- Computation of costs, feasibility analysis and profitability working of new products and new / special projects.

Key Responsibilities :

- Analysis of Data / Reports from SAP and managing SAP - CO and SAP - COPA module.

- Critical Analysis of Input Material Price.

- Review and assessment of Plant Costing operations.

- Define and operate stringent review mechanism on a regular basis.

- Working out process improvement / automation initiatives that would effect in time and cost efficiency results.

SKILL SET (FUNCTIONAL/ BEHAVIOURAL) :

- Strong business and financial acumen to align results to overall business strategy and company financial goals.

- The ability to develop strategy from in-depth analysis.

- Proven success driving results and delivering return on investment to the company.

- Comprehensive functional skills and a result - driven approach.