Material Cost Controlling:

Drive monthly material cost review processes and variance analysis.

Monitor Purchase Price Variance (PPV), usage variance, mix variance, localization impact,
and inventory variances.

Develop executive dashboards and KPIs for management review.

Ensure accurate standard costing, inventory valuation, and financial reporting.

Support statutory audits, internal audits, and compliance requirements.

Strengthen internal controls related to costing and inventory management

Conduct profitability analysis at model, variant level & product lines.

Evaluate and validate Total Cost Improvement (TCI), VAVE, localization etc.

Planning & Forecasting:

- Lead material cost assumptions and forecasts for Annual Business Plan (ABP) and Long-Term Planning cycles,
- Preparing monthly forecasts for total material costing.
- Develop scenario analysis covering commodity inflation, foreign exchange, sourcing changes, and volume fluctuations.
- Provide strategic recommendations to achieve profitability and cost reduction targets.





- Support senior leadership with periodic insights on cost trends, risks, and mitigation plans.

Inventory Management

Inventory valuation and governance for raw materials, WIP, finished vehicles, spare parts, and consumables.

Monitor inventory aging, excess, slow-moving, and obsolete stock and develop corrective action plans.

Inventory provision calculations and financial impact assessments.

Ensure inventory accuracy through robust reconciliation and stock verification processes.

Collaborate with Supply Chain and Production teams to improve inventory turnover and reduce carrying costs.

Set Inventory Targets in co-ordination with CFTs based on the BP

Review of LDC (landed down cost) including Custom duty

Continuously improve costing processes and methodologies to enhance accuracy and efficiency.

Co-ordinate with CFTs for Perpetual inventory

Review of Direct material payments & Retro settlements

📌 Cost Accounting/Material Costing/Inventory Management/Product Costing (Anantapur)
🏢 Kia India
📍 Anantapur