:

Assess and analyse multiple product wise costing parameters & validate them

 Product & state wise costing to be done every month

 Maintain SKU master database – state wise

 Costing for recent products, recipe changes, schemes and trade promotions

 Responsible for timely price increase through competition benchmarking, pricing elasticity and sales growth assessment

 Preparing long-term strategic financial plans.

 Providing insights through Latest Estimates (LE) and Best Estimates (BE) to drive strategic decisions on cost lines and revenue.

 Ensuring the achievement of AOP targets and updating the AOP plan monthly or quarterly based on the latest estimates.

 Analyzing actual costing and variance reporting, identifying unfavorable variance,

and collaborating with operations to mitigate them.

 Assessing 3rd party (3P) costing and ensuring timely cost reconciliations.

 Assessing capital expenditures and investment projects on ROI, payback, and IRR parameters.

 Make vs. buy decisions analysis.

 Pricing of new products from a cost/margin standpoint, benchmarking with competitors, and channel margins.

 Driving price revision activities considering price elasticity, gross margins, sales volume,



and customer price benchmarking. Facilitating internal and statutory audits for costing, inventory valuation, and pricing matters.

 Ensuring controls are in place concerning Korean SOX compliance.

 Generate costing related MIS at a pre-agreed frequency

 Plan, organize and direct all the activities of the cost accounting function

 Manage day to day operations of the existing cost accounting function from management of current rates to monthly close and analysis

 Support the Project Cost Team in the development of a standard costing system

 Manage the transition from the existing cost workplace to a new standard cost system

 Identify, hire and develop in-plant cost accountants

 Development and maintenance of standard costs

 Perform the monthly closing activities including preparation of the cost to operate statement along with supporting analysis

 Proactive analysis of variances and communication of issues and prospects to operations management

 Develop metrics and tracking system for major cost drivers

 Define policies and procedures for all cost accounting activities

📌 Executive Costing Based At Pune
🏢 Talent Leads Consultants
📍 Pune