Manufacturing Cost AnalystCoats • Republic Of India, IN
Manufacturing Cost Analyst
Coats • Republic Of India, IN
5 days ago
Job descriptionTransition of BU level costing activities to finance CoE Responsible for product costing activities performed with in the ERP system (SAP) for the markets that have costing activities centralised Establish process for analysis of variances (Price & Factory) and provide business insights including actionable items to reduce variances compared to established standards Provide support and guidance for inventory valuation. This covers activities including calculation of capitalized variances and stock provisions Liaise with technology teams to resolve issues in processes or reports Perform ad hoc analysis as may be required including deep dives to identify issues Validate dashboards and reports relating to inventory, procurement and factory performance Support any group project that may require centralised costing support Independently handle entire product costing activities on SAP. Regular review of materials that are pending for cost release and liaise with markets for timely update of standard costs. End to end support for the release of standard costs following established group methodology for standard cost calculation Conduct reviews to ensure the accuracy of the standard costs Review and validate master data components that have impact on product costing such as Bill of Materials, Routings, Costing Lot Size and Procurement Keys Analyze procurement transactions and identify the cause for price variance Review exceptions and abnormal variances and liaise with markets to take corrective action Factory variance analysis and consolidation Develop reports that provide insights into price and factory variances Review of gross stocks and reports that provide value of gross stock based on group accounting policy Calculate variance to be calculated based on group policies Adherence to standard methodology for calculation of provisions and bring improvements in process as required Deep dives into transactions and processes to identify issues that may be present and provide solutions for such issues Validation of dashboards and reports Provide guidance to markets relating to standard processes and methodologies in areas related to costing and inventory valuation Certified / Qualified Accountant : An accountant certified by a professional accounting body (Chartered accountant or Cost and Management Accountant) University Degree A minimum of eight years of post-qualification work experience with a manufacturing organisation Minimum of six years hands on experience with SAP product costing and end to end process knowledge Knowledge on SAP MM and PP modules. Must have experience on how the non-financial information impacts costing. Must have thorough understanding of SAP CO module and process flow for product costing and fixing errors in costing and transaction processing. Experience with analysis of variances Ability to communicate effectively with stakeholders (oral and written) Ability to work independently or within a team environment and with multiple priorities. Proficiency with spreadsheet applications (excel) and reporting and analysis tools (BW, BCS, Lumira etc.) Self-motivated Collaboration in a remote work environment Analytical and logical thinking skills Focus on quality without sacrifice of time Self-learning ability Flexibility with time and scope of work
About the job
Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment.
Trusted by the world's leading companies to deliver crucial, innovative, and sustainable solutions, we provide value-adding products including apparel, footwear and specialty threads.
With a proud heritage dating back more than 250 years and a spirit of evolution to constantly stay ahead of changing market needs, we have operations across 50 countries with a workforce of over 17,000, serving our customers worldwide.
Following the acquisition of Texon and Rhenoflex, new Coats Footwear now has a complete range of footwear components to meet your needs, from heel counters to toe puffs and everything in-between. Through our technologically diverse product portfolio, we can cater to both current and future trends, setting new standards in the process, turning customer ideas into a reality and accelerating sustainability.
Headquartered in the UK, Coats
- connects talent, textiles, and technology to make a better and more sustainable world.
For more info, visit our website : www.Coats.Com
Role Purpose
Principal Accountabilities and Key Activities
Single point contact for SAP product costing
Operational Analysis
Month Close Activities
Ad hoc business support
Liaise with technology teams in resolution of issues with reports and processes
Education, Qualification and Experience :
Essential :
Desirable
At Coats Group, we are committed to innovation, excellence, and fostering a diverse and collaborative environment where every team member can thrive. If you are passionate about making an impact in the textile industry and eager to join a global leader with a rich heritage and a forward-thinking approach, we invite you to take the next step in your career with us.
Apply now to be part of our dynamic team and help shape the future of textiles.
Create a job alert for this search
Cost Analyst • Republic Of India, IN
Related jobs
Cost Engineer
ALKEGEN • Pune, Republic Of India, IN
Alkegen brings together two of the world’s leading specialty materials companies to create one new, innovation-driven leader focused on battery technologies, filtration media, and specialty insulat...Show more
Last updated: 21 days ago • Promoted
Product Costing Analyst
Coats • Republic Of India, IN
Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials.
These critical solutions are used to cr...Show more
Last updated: 5 days ago • Promoted
Cost Analyst
Confidential • India
Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials.
These critical solutions are used to cr...Show more
Last updated: 4 days ago • Promoted
Cost Analysis Professional
OmniActive Health Technologies • Republic Of India, IN
Lead in reporting, analysis, and decision-making related to manufacturing and operations.The role will involve budgeting, forecasting, cost and inventory analysis, and evaluation of capital investm...Show more
Last updated: 4 days ago • Promoted
Cost Control Engineers
Tecnicas Reunidas • India
This role reports directly to the.Key Objectives & Responsibilities.Assist in the preparation of monthly project execution budget reports.
Assess project risks and identify improvement opportunities...Show more
Last updated: 7 hours ago • Promoted • New!
Proprietary Component Cost Analyst
Tata Technologies • Pune, Republic Of India, IN
Identify and evaluate potential suppliers (domestic and overseas) based on quality, cost, and delivery capabilities components like Hyd Pumps, Hyd Motors, Hyd cylinders, Steering Units, Steer axle ...Show more
Last updated: 2 days ago • Promoted
Cost Analysis Specialist
Talent Sutra • Republic Of India, IN
Develop and maintain accurate cost sheets for products / services, including direct and indirect cost components.Conduct detailed analysis of costs to identify cost-saving opportunities and recommend...Show more
Last updated: 7 hours ago • Promoted • New!
Product Cost Analyst
ALKEGEN • Pune, Republic Of India, IN
Alkegen brings together two of the world’s leading specialty materials companies to create one new, innovation-driven leader focused on battery technologies, filtration media, and specialty insulat...Show more
Last updated: 20 days ago • Promoted
BOM Costing Analyst
Duroshox • Pune, Republic Of India, IN
The BOM (Bill of Materials) Cost Manager is responsible for managing and optimizing the cost structure of the complete BOM for all running & new products, ensuring cost competitiveness, transparenc...Show more
Last updated: 16 days ago • Promoted
Cost Engineer
Real Jobs Consulting Services • India
Real Jobs Consulting Services, based in Gurgaon, is a trusted leader in the placement domain.The company offers a range of services, including HR consultancy, placement consultancy, manpower recrui...Show more
Last updated: 2 days ago • Promoted
Cost Management Engineer
ALKEGEN • Pune, Republic Of India, IN
Alkegen brings together two of the world’s leading specialty materials companies to create one new, innovation-driven leader focused on battery technologies, filtration media, and specialty insulat...Show more
Last updated: 20 days ago • Promoted
Cost Control Analyst
Amherst • Republic Of India, IN
Department / Role Overview : Amherst Residential.Amherst is revolutionizing the way U.Driven by data, analytics, and technology, Amherst has a 20-year history of anticipating where the next risks and...Show more
Last updated: 22 days ago • Promoted
Cost Analyst
Coats • India, India
Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials.
These critical solutions are used to cr...Show more
Last updated: 4 days ago • Promoted
Cost Control Senior Engineers
Tecnicas Reunidas • India
This role reports directly to the.Key Objectives & Responsibilities.Assist in the preparation of monthly project execution budget reports.
Assess project risks and identify improvement opportunities...Show more
Last updated: 7 hours ago • Promoted • New!
Transportation Cost Analyst
Nouryon • Republic Of India, IN
At Nouryon, our global team of Changemakers takes positive action every day, to reach higher goals collectively and individually.
We create innovative and sustainable solutions for our customers to ...Show more
Last updated: 10 days ago • Promoted
Specialist
Duroshox • Pune, Republic Of India, IN
The BOM (Bill of Materials) Cost Manager is responsible for managing and optimizing the cost structure of the complete BOM for all running & new products, ensuring cost competitiveness, transparenc...Show more
Last updated: 16 days ago • Promoted
Cost Estimator – furnitures
Beyond Retail • India
POSMs, signage, and other display fabrication projects.The ideal candidate must have a strong understanding of.Maintain and regularly update a.
Support project managers by offering.Ensure costings a...Show more
Last updated: 7 hours ago • Promoted • New!
BOM Cost Optimization Engineer
Duroshox • Pune, Republic Of India, IN
The BOM (Bill of Materials) Cost Manager is responsible for managing and optimizing the cost structure of the complete BOM for all running & new products, ensuring cost competitiveness, transparenc...Show more
Last updated: 16 days ago • Promoted