Role & responsibilities

- Serve as a trusted finance partner to the Factory Finance CFO by providing accurate management insights on cost transparency, financial performance including P&L;, cash flow management, and ensuring seamless operational support.

- Lead and manage all factory-related financial planning and reporting activities, ensuring timely and accurate submissions.

- Support annual budgets, including factory target agreements, and support long term financial planning.

- Oversee product costing processes, standard cost updates, cost variance analysis, and preparation of detailed costing reports.

- Manage the complete regulatory compliance and cost audit requirements for the factory.

- Develop, implement, and maintain the organizations cost accounting systems, documentation, and financial records.

- Prepare product-level EVA (Economic Value Added) and provide insights for decision-making.

- Design and maintain costing templates to support product managers in preparing accurate product cost estimates while collaborating with global, virtual, and cross-functional teams.

- Establish and track key performance metrics to compare estimated versus actual product costs over time.

- Handle inventory accounting, reconciliations, reporting, price verifications for incoming orders, and initiate credit/debit notes for discrepancies.





- Manage month-end closing activities, ensuring timely and accurate completion of revenue and cost-related accounting tasks.

- Review and monitor profitability and balance sheet accounts, and conduct internal cost audits.

- Prepare and analyze order-wise and product portfolio-wise profitability, providing corrective action recommendations where necessary.

- Support and drive digitalization and automation initiatives within the finance function to enhance efficiency and accuracy in financial processes.

Preferred candidate profile

- Graduate in accounting, CA/ ICWA or Masters from reputed institute will be preferred .

- Knowledge of Siemens reporting systems/environment is preferred

- 8+ years of relevant experience .

- Experience in a Finance role with a medium to large size manufacturing organization (preferred in handling engineered product), significant experience working in a multi-national environment and in a matrix organization.

- Extensive knowledge of product costing

- ERP (SAP) and Finance systems knowledge

- Demonstrated leadership capability

- Capable to successfully manage multiple priorities and reporting requirements

- Autonomous, self-driven

- Collaborative, team player with strong interpersonal skills

📌 Costing Team Lead ( Finance ) (South Goa)
🏢 Siemens
📍 South Goa