Description

Raw Material, Tariff, and Cancellation Claims Audit

Seeking a fresh CA / CMA qualified

Responsibilities
Raw Material, Tariff, and Cancellation Claims Audit

Key Responsibilities:

- Audit supplier raw material claims by validating key parameters, including:
- Volumes supplied by suppliers
- Invoice pricing and applicable raw material index movements
- Weight evidence and supporting documentation for parts

- Coordinate with the Supply Chain Purchasing team to ensure all estimated claims are accurately forecasted and recorded in the purchasing system prior to audit.
- Partner with the Raw Material Finance team to ensure audit outcomes and relevant claim details are appropriately reflected in forecasting and budgeting processes.
- Review and audit tariff-related supplier claims, ensuring compliance with applicable tariff regulations and organizational policies, and provide recommendations based on audit findings.
- Evaluate supplier claims arising from part or program cancellations, including vehicle programs cancelled prior to launch, by validating costs against Supplier Claims Guidelines and Ford's Global Terms & Conditions.
- Collaborate with Product Development Finance, Supply Chain, Purchasing, and Suppliers to resolve claim-related queries, policy interpretation issues, and process gaps.
- Identify discrepancies, recommend corrective actions, and support continuous improvement of claim validation and audit processes.

Key Stakeholders:

- Supply Chain Purchasing
- Raw Material Finance




- Product Development Finance
- Suppliers
- Cross-functional Business and Finance Teams

Core Skills & Competencies:

- Audit and financial analysis
- Cost validation and claim review
- Strong analytical and problem-solving skills
- Stakeholder management and cross-functional collaboration
- Knowledge of supplier contracts, commercial terms, and pricing structures
- Attention to detail and compliance mindset

Qualifications
Key Skills & Competencies

- Robust knowledge of budgeting, forecasting, actuals variance analysis, accounting close processes, and auditing.
- Proficiency in Microsoft Office applications, particularly Excel (advanced formulas and data analysis) and PowerPoint presentations.
- Working knowledge of Power BI and iERP is preferred.
- Ability to effectively collaborate with the Purchasing team while driving adherence to established processes and controls.
- Strong stakeholder management and networking skills, with the ability to interact and build relationships across Finance, Engineering, STA, Purchasing, and other cross-functional teams.
- Excellent analytical, communication, and problem-solving skills.
- High attention to detail with a strong focus on compliance and governance.

Qualifications
- CA or CMA qualification is mandatory.
- 0-1 year of relevant experience in Finance, Accounting, Auditing, FP&A;, Cost Management, or related fields.

Additional Requirement
- Immediate joiners or candidates who can join at short notice will be preferred.

📌 Associate - Finance (Chennai)
🏢 Ford Motor
📍 Chennai