Highlights: 12-15 years experienced Professionals from ICWA and must experience in Costing principles and methodologies, Understanding Industry dynamics, Presentation skills and SAP Modules
Principal Job Responsibilities:
Strategic role:
- Goal setting for the organization in terms of profitability.
- Information/ data from the key stake holders (senior leadership) of the organization should be evaluated from the financial goal perspective of the organization.
- This information/data should be transformed into strategy to facilitate quick decision making of the organization.
- Help the Management to take quick decisions.
- Review the decision taken and keep Management informed if any deviation.
Infrastructural role:
- He should build infrastructure which can integrate data from all the departments and, with the help of analytical tools, convert this data into information for quick decision making.
Accounting Role:
- Cost accountants help to plan, budget and monitor performance
- Set standard unit costs and recommend appropriate cost-saving opportunities
- Understanding where a company is spending money as well as which products/ brands/ SKUs are profitable.
- Raising Red flags at the right time if costs are allocated over the budget.
Operational Role:
- Maintaining the records in SAP
- Updating the SAP with the actual POs.
- Monthly updates as the legal requirements
- Provide factual Monthly costing updates
- Coordinating, implementing and monitoring budgetary controls.
- Computation of costs, feasibility analysis and profitability working of new products and new / special projects.
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