Product Costing Specialist
- Pune, Maharashtra
- Permanent
- Full-time
- Support in an accurate and timely way the product costing activities which mainly involves- periodic costing runs, determine & maintain various costing objects such as rates, tariffs, duties, charges etc. as per product costing policy, perform variance analysis, handle error resolution, calculate & monitor mark ups for intercompany delivery etc.
- Active interaction with ISC functions, R2R experts, Accounting Controllers and FP&A about product costing & related subjects.
- Support product costing lead in adhoc activities
- Drive CI mainly standardization and quality
- Ensure compliance of various policies related to product costing & adherence to company's accounting policies & treatments.
- Support in an accurate and timely way the product costing activities for the plants or entities assigned
- Perform recurring activities such as periodic costing runs, maintain production tariffs, freight rates, customs duty as per product costing policy
- Perform outlier analysis of costing run results, handle error resolution (rule & non-rule based) & initiate corrective actions.
- Calculate, maintain & monitor mark ups to support intercompany delivery billing
- Perform outlier anlaysis of ICD pricelists and follow up on outliers
- Perform financial impact analysis of costing activities, inventory revaluation, price difference analysis.
- Advise on operational complex and judgement-based product costing activities
- Monitor compliance with policies and treatments as per Webfem
- Comply with rules and regulations set by global accounting and implement accounting policies
- Identify and signal recurring issues for further process improvement
- Drive standardization and quality in the true sense of COE & target efficiencies
- Operational key link for COE (e.g. in escalation or advice on transactions)
- Support Senior Specialist/ Product costing team lead in liaising with various business stakeholders mainly ISC.
- Accounting professional preferably cost accounting background with 5-7years of experience mainly in handling costing activities for a manufacturing organization and capable of analyzing complex processes and issues
- Professional Degree in Accounting or Costing (ACA, ICWA, CMA)
- Adequate expertise knowledge in cost accounting and understanding of Financial / ERP systems,
- SAP expertise especially handling product costing related activities with an ability to handle basic system issues & also support complex scenarios.
- Experience in working in a COE/ shared services environment preferred.
- Advanced user of Microsoft Excel
- Autonomous in organizing responsibilities and work
- Ability to work under severe time pressure and continuously retain 'an eye' for the details