About AkzoNobel Since 1792, we’ve been supplying the innovative paints and coatings that help to color people’s lives and protect what matters most. Our world class portfolio of brands – including Dulux, International, Sikkens and Interpon – is trusted by customers around the globe. We’re active in more than 150 countries and use our expertise to sustain and enhance the fabric of everyday life. Because we believe every surface is an opportunity. It’s what you’d expect from a pioneering and long-established paints company that’s dedicated to providing sustainable solutions and preserving the best of what we have today – while creating an even better tomorrow. Let’s paint the future together. For more information please visit www.akzonobel.com © 2026 Akzo Nobel N.
V. All rights reserved. Job Purpose Role –
• Deliver accurate and timely product costing analysis and reporting for the ISC Profit Center portfolio, supporting margin transparency and informed business decisions.
• Support budgeting, quarterly rolling forecast (QRF) and monthly close processes by analyzing cost drivers and explaining variances under defined governance.
• Contribute to standardization, control compliance and digitalization initiatives within the ISC Profit Center CoE. Key Activities
• Cost Performance & Analysis
• Prepare monthly cost trend, variance and benchmark analyses for material and conversion costs.
• Identify abnormalities and support root-cause analysis with BU and ISC stakeholders.
• Planning & Reporting
• Support Budget and QRF cycles through data preparation, validation and variance analysis.
• Prepare inputs for MEC/Flash reports in line with timelines and quality standards.
• FMC & Tariff Recovery Analysis:




• Review under-recovery and over-recovery positions across plants and legal entities.
• Analyze inventory revaluation impact linked to tariff recovery differences.
• Validate assumptions and drivers with ISC BN and ISC BU Heads.
• Support initiatives to improve accuracy and predictability of tariff recovery.
• Inventory Revaluation Review:
• Review inventory revaluation entries and assess impact on P&L; and balance sheet.
• Analyze gaps between Actuals and Forecast and provide clear explanations for variances.
• Ensure revaluation impacts are accurately reflected in management reporting.
• ICD Price Difference, Margin & Markup Analysis:
• Coordinate ICD price difference analysis across intercompany flows.
• Validate pricing, margin, and markup calculations to ensure accuracy.
• Identify key drivers of margin leakage and pricing inconsistencies.
• Recommend corrective actions in collaboration with Pricing and Business teams.
• Governance & Controls
• Execute product costing controls including material ledger checks, inventory revaluation support and reconciliations.
• Maintain SOPs and ensure compliance with costing and reporting policies.
• Continuous Improvement & Digitalization
• Support automation and reporting enhancements using SAP, CFIN and Power BI.
• Participate in CI projects aimed at reducing manual effort and improving data quality. Experience




• 5–8 years of experience in FP&A;, product costing or manufacturing finance.
• CA/CMA or equivalent professional qualification (or advanced stage).
• Working knowledge of SAP product costing/material ledger and financial reporting tools.
• Strong analytical skills with advanced Excel; exposure to Power BI preferred. Competencies
• Analytical thinking and attention to detail.
• Ability to interpret data and explain cost movements clearly.
• Process discipline and control orientation.
• Collaborative mindset and learning agility. Performance Measures
• Accuracy and timeliness of monthly costing reports and analyses.
• Quality of variance explanations and stakeholder feedback.
• Adherence to controls and audit requirements.
• Contribution to CI initiatives and reduction in manual effort. Organisation & Interfaces
• Reports to ISC PC Team Lead (MM3/MM4 depending on structure).
• Interfaces with BU Finance, Accounting Controllers, R2R and CI teams. At AkzoNobel we are highly committed to ensuring an inclusive and respectful workplace where all employees can be their best self. We strive to embrace diversity in a context of tolerance. Our talent acquisition process plays an integral part in this journey, as setting the foundations for a diverse workplace. For this reason we train and educate on the implications of our Unconscious Bias in order for our TA and hiring managers to be mindful of them and take corrective actions when applicable. In our organization, all qualified applicants receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age or disability.

📌 ISC FP&A Senior Analyst (Pune)
🏢 AkzoNobel
📍 Pune