Job Description : Cost Controller – Commercial
Job Position Number : LIEMC2404
Department : Finance / Operational Controller
Location : The vacant position is in Chennai (Tamil Nadu)
Qualification : ICWA / CMA
Years of Experience : Minimum 5 Years of relevant experience
Key Duties and Responsibilities :
- Commercial Schemes and Budgeting :
- Finalize all vertical commercial schemes, ensuring alignment with Monthly Budget / Market Scenario.
- Finalize Marginal Contribution and Monthly Cash flow by Channel / Regions.
- Review and finalize Monthly Sales Register, cross-checking with Financial GLs for Sales / COGS.
- Monthly Book Close , Financial Reporting and Database :
- Trial Balance Scrutiny, Prepare and update the Financial Database and finalisation of Cash flow.
- Update Variance Actual vs. Forecast / Budget / LY with Commentaries and recommendations.
- Forecast / Budget Preparation and Commercial Variance Calculation :
- Finalise and present Monthly Forecast / Annual Budget Volume, MC, Structure costs, and Cash Flow.
- Calculate Commercial Variances and finalize ad hoc Product P&L.
- Cost Analysis and Profit Reconciliation :
- Conduct Profit Reconciliation between Management Accounting and Financial Accounting.
Technical Skills :
Management Analysis :Ability to perform a full financial analysis with accuracy, consistency, integrity, and connection to financial and accounting data available by profit center.Controlling / Financial Business Modeling :Ability to provide support to the business function in the area of cost management, performance of the plan, and decision-making.Financial Data Mining and Reporting :Ability to process and interpret data to produce effective reports; understanding the impact of erroneous data on various company systems / statistics.Transversal Skills :
Analytical Thinking (TRANSV1) :Analyze rigorously data and situations to identify and analyze causes / effects, selecting only appropriate information to make effective decisions.Change Management (TRANSV3) :Maintain effectiveness and adaptability during major changes in work responsibilities or environment; adjust effectively to work within new work structures, processes, requirements, or cultures.Intellectual Curiosity (TRANSV8) :Be receptive to new and different ideas or the opinions of others, open to learning, and adaptable to the business environment.Desired Profile :
Good knowledge of Profitability Analysis, Budgeting, Forecasting, Variance Analysis, and Finalization of Commercial Schemes.Preferably from the Dairy-Manufacturing sector.Knowledge of SAP is preferable, and proficiency in Excel is mandatory.Reporting Structure : Will be reporting to Head - Management Controller (B2C)