MSD Manager – FP & MMD Ops 

India, Haryana 

860085377

Job Description

Overall Objective

• A reliable Management Accountant (Specialist, Finance processes & Control) to assist senior management in making critical business decisions by analyzing and presenting key financial data. Analyze accounting data, and prepare forecasts, budgets and risk analysis

• An excellent management accountant with exceptional mathematical mind combined with a strong business orientation. Must be able to assume responsibility of cost accounting tasks.

• Play a role of both a strategist and a decision maker with an ultimate goal of contribution to decision-making process of management that will ensure business growth and long-term success, for commercial and manufacturing business matters.

Key Responsibilities

Financial Planning & Analysis –

• Support Operations team on monthly manufacturing review meeting

• Evaluate the site’s performance using key data Provide relevant analysis and commentary on key variances and trends of costs & expenses vs. prior year and forecast Prepare monthly manufacturing sites pack and provide monthly financial KPIs for Production dashboard.

• Provide insight and analysis to support operational decision-making.

• Responsible for budgeting and forecasting process as per our Company’s forecasting calendar. Work closely with Regional Team and Site Team for ensuring all Budget / Forecast deliverables are met as per timelines.

• Help identifying manufacturing efficiencies and optimize the efficiencies.

• Review Capital spend by project and provide analysis between actual data and budget.

• Gather and analyze financial information for internal use. Support any adhoc local / regional requirement for analysis.

Product costing –

• Define and review standard cost in relation with Operations, Procurement and Supply Chain

• Prepare hourly rate for budget and standard costing processes and provide relevant analysis on variances.

• Responsible for setting up annual Transfer Prices with various countries - in co-ordination with Transfer Pricing Team – according to internal guidelines and in alignment to local profitability guidelines.

• Assist with product costings, to drive new business opportunities, as well as forecasting and variance analysis.

• Periodical review of Bill of Materials (BOM) changes impact on standard costing

• Provide relevant information to Global Finance for Site products in scope of CCPs, Margin Evaluations

• Support our Manufacturing Division Site with business case evaluations of new projects / new product costing / site-transfer project evaluations.

Site Financial Controller Functions –

• Prepare and analyze the monthly price and usage variance allocation, including Purchase Price Variances (PPV)

• Responsible for evaluation of Fixed Assets Acquisitions - Business Case preparations, ensuring Approvals as per GOA, support accounting team with relevant information for creating Internal Orders, asset numbers and final capitalization process requirements.

• Support periodical Fixed Asset counts conducted by Finance & Accounting Team - work with Site Operations Team for smooth conduct of count-check, Gap Analysis and ensuring the deviations are supported with requisite approvals for accounting.

• IQV Analysis – Close co-ordination with Site Operations and Procurement for assessing health of Site Inventory – Analyze impact of high inventories on P&L through obsolescence risks, play role in monthly S&OP Meetings to assess inventory risks. Finalize monthly provisions in accordance with Site Management discussions, review and approvals in HARP for monthly close operations.

• Organize periodical inventory counts, work with Finance & Accounting Team and Site Operations Team for smooth conduct of Stock-take, Gap Analysis, Gap Approvals and ensuring the variances are accounted correctly.

• Support on any audit queries on Financial Budgets / Inventory Valuation area / Standard Cost exercise.

• Support internal teams for preparing periodical MIS.

• Providing data to support management’s decision-making function

Key Relationships:

Internal

• Site Production & Supply-Chain

• Site General Management

• Global Supply Chain and Procurement Teams

• Internal Auditors

• Regional our Manufacturing Division Finance

• Regional our Manufacturing Division Management Team

• Business Support Center

External

• Statutory Auditors

Person Specifications:

Education

• Chartered Accountant / Cost Management Accountant

Certification

• CA / CMA (Associate / Fellow)

Experience

• 7-8 years in Cost Management Accounting.

• Solid knowledge of basic and advanced accounting and financial principles and practices

• Excellent knowledge or risk analysis, budgeting and forecasting

• Experience in Product Costing, Capital Projects Evaluation.

• Experience of working with Site Leadership and Site Operations Team supporting operational needs to Production Sites.

• Good Microsoft Excel, Data Management Skills

• Experience in SAP FICO & Production modules

Critical Competencies

Role Specific

• Good analytical skills

• Continuous Improvement mindset

• Multi-tasking skills,

• Time-commitment driven,

Behavioural

• Good inter-personal communication skills,

• Analytical mind.

• A problem-solver with attention to detail - Customer focus

• Able to challenge status quo,

• Able to put forward, address challenging situations, at times challenge stakeholders.

• Process Management / Improvisation.

What we look for …

Current Contingent Workers apply

Not Applicable

*A job posting is effective until 11:59:59PM on the dayBEFOREthe listed job posting end date. Please ensure you apply to a job posting no later than the dayBEFOREthe job posting end date.

A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.