PURPOSE OF THE ROLE :

As an Cost & Commercial Controller at ArcelorMittal, you will play a crucial role in managing the financial operations.

Your responsibilities will include overseeing the local accounts, focusing on cost items in close cooperation with the units teams. You will collaborate with the local team on annalysing all commercial contracts & also industrial cost. Additionally, you will be responsible for preparing cost reports, variance analysis and forecasts, and reporting monthly on the differences between actuals and the budget.

KEY RESPONSIBILITIES :

- Conduct in-depth financial and risk analysis of all major contracts to ensure commercial viability and compliance.
- Evaluate effectiveness of contract management practices and identify gaps or risk exposures.
- Monitor and report deviations from agreed contractual parameters (pricing, volumes, penalties, etc.).
- Proactively recommend contract optimization opportunities to drive cost savings and value enhancement.
- Oversee cost structures and deliver insightful variance analysis with clear root-cause identification.
- Prepare weekly financial forecasts, including:
- Profitability outlook
- Cash flow projections
- Drive cost management initiatives with strong governance, disciplined follow-up, and measurable outcomes.
- Perform independent,



data-driven analysis across key cost areas:
- Production costs (variable and fixed)
- Productivity metrics and Total Cost of Ownership (TCOE)
- Ensure strong financial governance, internal control, and compliance with organizational policies.
- Track and drive closure of internal audit findings, reducing overdue actions in line with senior management expectations.

TECHNICAL & WORK COMPETENCIES

- Strong analytical and quantitative skills; ability to use hard data and metrics to back up assumptions and evaluate outcomes.
- Data science skills would be considered as advantage
- Experience in accounting or controlling positions, preferably in international companies (group).
- Background in complex industry (manufacturing workplace) and in audit firm an asset.
- Proficiency in Excel and PowerPoint also proficient English level is a must.

Best Regards

Preeti Gupta

Role: Financial Controller, Industry Type: Iron & Steel, Department: Finance & Accounting, Employment Type: Full Time, Permanent Role Category: Finance Education PG: CA in CA, First Attempt, Second Attempt read more

Key Skills Skills highlighted with ‘‘ are preferred keyskills Variance Analysis Cost AnalysisContractCash flowInternal Control

📌 Cost & Commercial Controller (Pune)
🏢 Arcelormittal
📍 Pune