Operation Finance Analyst (Costing)

1.BASIC PURPOSE OF THE POSITION:
• Ensure cost factors are reflected correctly and appropriately.
• Creation and maintenance of raw and packaging materials in material master
• Prepare monthly reporting on purchase price variances
• Support local procurement and global procurement in cost saving projects
2.PRINCIPAL ACCOUNTABILITIES:
• Adhere to accounting procedures and costing methodology
• Monthly follow up the actual material consumption in order to propose appropriate adjustments.
• Co-ordinate with P&T to ensure all the recipe/ BOM is correctly.
• Co-ordinate with M&E to ensure routing is uploaded timely and accurately
• Prepare costing calculations and analyze results, explaining any major or unusual deviations in cost calculated
• Prepare and submit icy price for approval and set up in system after finalization
• Support updating of standard cost prices and product costing in annual budget cycle and release SCP budget in SAP
• Ensure that the physical inventory (finished goods, WIP, materials) is accurately represented in value and quantity in the system. Responsible stock take process & analysis the variance by monthly
• Prepare the reconciliation stock take at Copacker quarterly, cross charge Vendor if lost and adjust stock to physical stock
• GIT report
• Maintain material master data
• Perform WAP/MAP running for actual raw material price.
• Analysis actual PPV report and rolling forecast for PPV.
• Support manufacturing team in the calculation and monitoring of cost savings/ Ducatus project
• Other ad-hoc reports and accounting tasks as assigned