Cost Controller

Job Description : Cost Controller – Commercial

Department : Finance / Operational Controller Management Control

Location : The vacant position is in Chennai

Qualification : ICWA / CMA

Years of Experience : Minimum 5- 10 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 including Export.

Review and finalize Monthly Sales Register, cross-checking Reconciliation 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 Prepare and analyze Variance Actual vs. Forecast / Budget / LY with Commentaries and recommendations.

Preparation of monthly management P&L for entity and by Channel / Sub Channel and reconciliation with financial P&L

Forecast / Budget Preparation and Commercial Variance Calculation :

Finalize and present Monthly Forecast / Annual Budget Volume, MC, Structure costs, and Cash Flow.

Calculate Commercial Variances and finalize ad hoc Product P&L. as per requirements.

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.

Ability to work on SAP, BI Tools like Tableau, Power BI & other customized tools for group reporting.

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 / Food Manufacturing sector.

Knowledge of SAP is preferable, and proficiency in Excel is mandatory.

Reporting Structure : Will be reporting to Head - Management Controller (B2C) for the Entity