Manager- Sourcing Finance & FP&A

Job Summary

The major responsibilities include budgeting, forecasting, reporting, analysing product cost and cost drivers on monthly/quarterly basis. Annual set up of standard cost & maintaining necessary checks and balances in system to publish reports on time with high accuracy.

Responsibilities include overseeing and managing the monthly financial close process, strategic planning, budgeting, and forecasting for the Freight sourcing business.

Candidate will also work very closely with Strategic Sourcing, Fulfilment, logistics, customs, Manufacturing operations to review each component of cost, understand driver for variances and participate in various cost out projects to drive productivity.

Essential Responsibilities

• Lead the preparation of STRAP, Annual Budget, Forecasts, and comprehensive variance analytics to support decision-making
• Manage the monthly financial close process, including reporting segment-wise financial performance and providing insightful commentary on deviations from Budget and Forecast.
• Developing accurate and predictable product cost forecasts with a deep understanding for the drivers behind variances (Material, logistics, customs, conversion cost). Keeping an eye on business dynamics which could impact forecast and highlighting potential risks / opportunities.
• Own the standard costing process for procured components, subassemblies, and manufactured products, ensuring robust analytics, periodic reviews, and compliance with SOX requirements
• Provide actionable cost insights and key financial inputs to cross-functional teams to support budgeting, strategic planning, cost optimization initiatives, and informed business decision-making
• Prepare and maintain cost records to comply with cost audit, statutory audit, and internal audits per companies act and group policies.
• Strong cost accounting and manufacturing background as understanding of costs and variances are key to the profitability of the Company.
• Closely working with logistics, Customs & sourcing team to develop tracker for forecasting / cost monitoring and cost outs, managing periodic rhythm with cross functional team and publishing reports to management.
• Ensuring compliance with corporate accounting policies, SOX, and unit specific internal controls. Close working with IT & controllership team for necessary system

Improvements, data hygiene & system automation

• Closely working with Purchasing, logistics, Customs, Engineering and Manufacturing to understand root cause of all cost variances.
• Provide prompt support to auditors (Internal/External) to ensure timely completion of the audit report.

Education and/or Experience

• CA/ICWA with 3-5-year experience or CA Inter/Bachelor s/master s degree in accounting, Finance with five to ten years of relevant experience.
• Strong knowledge of financial reporting and analysis, including proficiency with MS Office and accounting software (e.g., Oracle, Onestream, PowerBI, Excel, PowerPoint, Project)
• Detail oriented with the ability to prioritize and manage multiple projects simultaneously

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.