- Execute and review monthly product costing runs.
- Ensure accurate allocation of direct and indirect manufacturing costs.
- Analyze product-wise profitability and recommend corrective actions.
- Support annual and periodic pricing revisions.
- Monitor contribution margins and EBITDA thresholds across product categories.
Inventory Management & Control
- Conduct inventory ageing analysis and evaluate NRV (Net Realizable Value).
- Review inventory valuation and stock reconciliation.
- Coordinate physical inventory verification and ensure timely closure of observations.
- Monitor inventory leakages, wastages, and process inefficiencies.
Financial Planning & Analysis
- Perform channel-wise and product-wise profitability analysis.
- Track cost-saving initiatives and monitor realization of advantages.
- Analyze material consumption and identify usage variances.
- Review purchase reconciliations and identify process gaps.
SAP Costing & Reporting
- Manage product costing and profitability reporting through SAP.
- Work extensively on COPA (Profitability Analysis) module.
- Support cost allocations and profitability reporting.
- Ensure accuracy of BOM and overhead components within SAP.
Cross-Functional Collaboration
- Partner with Sales, Marketing, R&D;, Purchase, Taxation, and Finance teams.
- Support management decision-making through analytical insights and recommendations.
- Liaise with auditors and ensure timely closure of audit observations.
Key Deliverables (KRAs)
- Accurate monthly product costing runs.
- Timely and effective pricing recommendations.
- Product and channel profitability above defined EBITDA thresholds.
- Reduction in inventory leakages and wastages.
- Accurate overhead allocation and cost control.
- Timely completion of inventory and statutory audit requirements.
- Effective tracking and delivery of cost-saving initiatives.
- Physical inventory verification completed as per schedule.