Syngene International - Manager - Inventory Controller - Finance - CA/ICWA

Manager Inventory controller - Finance

1. Educational Qualification: CA/ICWA with 7+ years of experience in the relevant area.

2. Strong working Knowledge in SAP - CO module is mandatory

3. Coordinate physical inventory counts and cycle counts

4. Investigate cycle counting variances and resolve issues

5. Update standard costs in the bill of materials

6. Review standard and actual costs for inaccuracies

7. Validate the cost of goods sold as part of the month-end close

8. Accumulate and apply overhead costs as required by generally accepted accounting principles

9. Work with the materials review board to locate and dispose of obsolete inventory

10. Compliance and Audits (Statutory Audit / Internal Audit / IFC / Cost Audit)

11. Conduct ongoing process constraint analyses

12. Report on periodic variances and their causes, focusing in particular on spending variances

13. Analyze Inventory pattern and suggest for corrective action

14. Analyze Project wise Material cost

15. Construct data accumulation systems for various modules in SAP with relate to Inventory valuation

16. Create and review the controls and reporting system

17. Follow 100% compliance in Data security and Safety

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

19. Profitability and mitigation: Maximize profitability through material 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.

20. Productivity / efficiency improvement: Facilitate material productivity improvement / level-loading programs with Supply partners and ensure resultant savings are fully realized.

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

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

23. Team: Build, motivate and develop the material 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.