CA Vacancy in Philips

The Philips invited applications for the post of FP&A-Senior Manager- Product costing.

QUALIFICATIONS

• Master’s degree in accounting/ finance / economics, or CPA / CA level qualification.
• SAP Work experience in FICO/MM module.
• Good understanding and hands on experience with Manufacturing Process
• Transition experience & Demonstrated ability to communicate and to collaborate across functions
• Understand the demands and possess practical experience of working virtually within a large international group is desirable.
• Automation mindset and ability to drive tax related projects

RESPONSIBILITIES

• Product Cost analysis & Reporting
• Manufacturing overhead analysis., Absorption Analysis and Production Order variance Analysis
• Standard Cost responsibility for purchased items, involving the interface with purchasing, materials and manufacturing departments to determine material values used to set standard cost on an ongoing basis for the annual cost build.
• Insightful Analysis to keep a watch on Cost of goods sold such as Absorption Analysis, Production order Variance Analysis, Production order Error clearance, order status analysis , Sale order Error clearance, Purchase Price Variances, Manufacturing overhead analysis, Material Mix variance Analysis ,etc
• Month end Close & Year end close process with respect to Costing
• Be able to calculate the Factory Transfer Price
• Other monthly closing and year-end activities as required.
• Inventory Evaluation and Reserves are Appropriate
• Annual Labour & Production Overheads % calculation & update in SAP
• Investigate new processes (assure process development complies with accounting rules)
• Excess & Obsolete Analysis & Provisioning
• Cost of non-quality reporting and analysis (Scrap /Obsolescence/Warranty/Repair cost)
• Ad-hoc analysis support to Factory/Plant Finance Business partner, Mfg. Operations controller.
• Inventory/Gross Margin Reporting & Analysis.
• Handle Audit queries – Quarterly & Annual related to Material cost
• Adherence to SOX / internal control standards (ICS) for Material consumption & variance.
• Identify & execute Process improvement initiatives
• Update Process Documentation

Job Location: Chennai

For more details and to apply, click here

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