Title:  30001171

Description: 

Job Information

Job Title: Officer - Finance Reporting to Head of Department - Costing
Department Finance Section Costing & Budgeting
Grade 12 Job ID 30001171

 

Job Summary

Assessing the current costing system in SAP and make improvement along with SAP team to automize the material ledger of SKU and assist management in pricing decisions. He also responsible to ensure the successful migration from SAP ECC6 version to SAP S4 HANA in CO Module and make recommendation to improve the current costing structure.

Duties & Responsibilities

Primary Duties & Responsibilities

  • Performing month-end closing in CO Module (Distribution Cycles, Assessment Cycles, Variance Calculation & Settlement, WIP Calculation and ML Closing).
  • Assist consultant to successful implementation of SAP S4 HANA and monitor post implementation issues in SAP.
  • Create Report for SKU wise Break-even analysis in SAP with the SAP consultants and assist Management in Pricing decision.
  • Analyzing inventory valuations and impact of Material ledger on existing costing structure.
  • Ensure timely reporting of Monthly Management account (Product wise profitability, division wise profitability, region wise profitability, customer wise profitability) .
  • Review all variances in production orders, cost elements and coordinate with department to find the reason of variances.
  • Prepare Feasibility Analysis.
  • Prepare financial analysis of What If Scenario.
  • Development of reports along with SAP Consultant, for better decision making.
  • Overhead allocation and segregation of Fixed and variable expenses for Management reporting.
  • Assist in fulfilling Audit requirement on quarterly and annual basis and participate in annual stock check as per the given assignment.

Communication Channel

Internal Communication

  • Departmental coordination with Finance, Production, Maintenance, HR  & Procurement teams.

 

External Communication

  • Maintain professional relationship with Investors or Shareholder, Government Agencies, Customers and Vendors.

Education

Bachelor’s degree in finance or related field

Requirements

  • Minimum of 10 years’ experience.
  • Efficient User of SAP ERP.
  • Strong Analytical approach.
  • Proactive, hardworking, motivated approach.
  • Interpersonal with good communicative skills.
  • Excellent verbal and written communication skills –English.
  • A keen understanding of the differences between various roles within organizations.

Competencies

Advisory & Consulting
Business Reasoning
Financial Accounting
Financial Controls and Standards
Financial Planning & Budgeting
Loyalty & Dedication
Management Accounting
Reliable and Dependable
Teamwork
Time Management
Treasury Management & Capital Investment
Work Ethics and Values

Key Performance Indicators

  1. Assist in Cost and Benefit Analysis (Breakeven Analysis).
  2. Management Reporting.
  3. SAR S4 HANA implementation and monitoring
  4. Monthly closing of ML (material ledger) in CO Module.
  5. Assist in preparation of Costing procedure.