Records To Reports Lead

Position Name

R2R Lead

Position Details

Location

Mumbai

Key Responsibilities and Focus Areas

Key Responsibilities:

1. Inventory Valuation & Costing

• Oversee batch costing, ML runs, and standard cost releases.
• Ensure accurate COGS schedules and month-end variance calculations.
• Monitor and validate inventory valuation postings in SAP.

1. Inventory Reporting

• Prepare and review material cost reports, ageing reports, NRV testing, and SLOB analysis.
• Conduct monthly reconciliations (STO, SAP GL vs Costing) and FOC analysis.
• Manage material code approvals and maintain inventory control sheets.

1. Monthly Book Closing
   

• Ensure timely capitalization and closure of open AUC items.
• Coordinate month-end closing activities and reporting accuracy.

1. Audit Support

• Facilitate smooth audit closures by providing timely responses and requisite data.
• Address audit queries and ensure compliance with reporting standards.

1. Process Improvement Initiatives

• Lead automation projects such as SKU-level costing, ageing reports, and marketing collateral accounting.
• Implement system enhancements like auto-deletion flags for closed process orders.

1. Cross-functional Collaboration

• Work closely with Plant, Costing, and IT teams to understand operational issues.
• Develop SOPs and ensure proper classification and backup of material costs.

Focus Areas:

• Accuracy in Inventory Valuation and Reporting
• Timely Month-End and Audit Closures
• Process Automation and System Improvements
• Effective Use of SAP for R2R Activities
• Strong Collaboration Across Finance and Operational Teams

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Candidate Profile

Educational & Work Experience: CMA, 4 to 6 years of experience

Key Competencies | Skills:

• Strong expertise in SAP FICO, especially in inventory valuation, costing, and month-end closing
• Advanced Excel skills for financial reporting, reconciliations, and automation
• In-depth knowledge of inventory accounting and reporting (ML runs, NRV testing, activity costing, etc.)
• Experience in audit handling and compliance, including timely data submission and query resolution
• Proven ability in process improvement and automation, including report automation and system enhancements
• Team handling and cross-functional collaboration with Plant, IT, and Costing teams for smooth operations