Cost Controller

Responsibilities:-

Essential Function 1: Perform annual Cost Center Planning
1.Conduct CC planning process for legal entities in scope following the annual budget letter from Corp.Contr.
2.Prepare production cost center planning and activity rates used in standard costing
3.Provide accurate up-to-date standard costing, work with production and master data team
4.Ensure costing reflects appropriate BOMs and recipes
5.Coordinate / provide guidance on cost center assessments and allocations

Essential Function 2: Manage daily operation and work on improvements and quality     
1.Enhance and document Controlling processes
2.Timely identify the potential issues and make the appropriate escalation 
3.Participate in the implementation of quality / continuous improvement projects (Lean Event) and be active in driving daily huddle meetings

4.Support and initiate process improvement initiatives and related projects, be proactive and creative on contributing ideas for service improvement
5.Operational compliance on all regulatory, internal/external guidelines and support on audit activities
6.Act as a back up for other team member/s as per aligned back up structure. Ensure proper knowledge transfer between back ups.
7.Execute knowledge transfer / work shadowing sessions in countries 
8.Ensure all the up-to-date operational procedures are maintained, documented and executed, all the operations adherence to the standardized process landscape

Essential Function 3: Preparation and management of Business Unit financials     
1.Provide reporting guidance on:  Production cost centers for accuracy throughout the year 
2.Implement corrective measures as needed
3.Provide reporting guidance on: Detailed analysis of labor and utilities

Essential Function 4: Product Costing and SAP Master Data          
• Month-end closing responsibilities. Provide accurate up-to-date standard costing impact along with other operational variances and hence gross margin analyses during month close.

• Provide accurate up-to-date standard costing and hence gross margin information, working with production management and master data teams to ensure costing reflects appropriate BOM and recipes
• Provide product costing simulation support for raw material changes simulation, analysis critical for BUs to implement selling price changes
• Support SAP material master accounting and costing view review, changes and creation, important for product costing
• Monthly product costing is connected with inventory valuation, i.e. cost controller together with accounting coordinate the monthly and audit of inventory value by sites, plant code or warehouses    Essential Function 5: Finance & or cross department collaboration                              
• Partner with Excellence group to work on site specific improvement projects
• Support transfer pricing process as needed
• Assures internal controls are in place
• Assures collaboration within the Finance teams (Accounting, Controlling, Tax, Treasury) 
• Ad Hoc activities as requested, cost / benefit analysis, “what-if” scenarios, long range planning, etc...          
Essential Function 6: Other                    
1.Perform any additional tasks assigned by supervisor

Qualification : Chartered Accountant