Head - Costing - Food & Beverage Dairy Industry - ICWAI/CMA

One of our leading client into Food, Beverage & dairy industry looking for an excellent finance professional who is strong business and financial acumen to align results to overall business strategy and company financial goals, he should have ability to develop strategy from in-depth analysis., should have proven success driving results and delivering return on investment to the company. Position will reports to management ,

Job Purpose - Costing, Pricing, Budgeting, Variance Analysis, Competitive Pricing Analysis, Management Accounting and Business Analysis.

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.

Knowledge required :

- Costing principles and methodologies

- Understanding Industry dynamics

- Presentation skills, SAP Modules

Experience : 16 - 25 Yrs , QUALIFICATION : ICWAI / CMA

Industry preference : FMCG, Food, Beverage, Pharma, Dairy (not looking for any other industry candidate)