Executive Business Administration - Product Costing

Smart infrastructure from Siemens makes the world a more connected and caring place – where resources are valued, where impact on the world is considered, where sustainable energy is delivered reliably and efficiently. It provides the flexible infrastructure to allow society to evolve and respond to changing conditions. Technology and the ingenuity of people come together to be at one with our environments and to care for our world. We do this from the macro to the micro level, from physical products, components and systems to connected, cloud-based digital offerings and services. Siemens offers a broad portfolio of grid control and automation; low- and medium-voltage power distribution, switching and control; and building automation, fire safety and security, HVAC control and energy solutions.

Job Profile:

Product costing, standard cost updates, analysis on cost variance and preparation of costing reports

Handling complete regulative exercise & cost audit individually for the factory

Develop and maintain the cost accounting system, documents, and records of the organization.

Develop product level EVA.

Create and maintain templates for product managers to use to estimate product cost & to work with diverse cross functional, global, and virtual teams and stakeholders

Create and monitor key metrics to compare product estimations to actuals over time

Handling inventory accounting, reporting, reconciliations, price checks of incoming orders, initiating credit/debit notes for variations, etc.

Month-end closing activities and ensuring financial accounting related to revenue and costing is completed in a timely and accurate manner

Review and Monitoring Profitability & Balance Sheet Accounts Prepare and complete internal cost audits.

Key Requirements:-

Education preferably ICWA/CA, MCOM, MBA Finance

Minimum 5 - 10 years of product costing work experience.

Strong financial management and product costing experience.

Sound understanding of accounting principles.

Analytical thinker with strong conceptual and problem-solving skills.

Ability to work under pressure and meet tight deadlines independently and as part of a team.

Excellent report-writing, communication.

Multitasking/hands-on in excel, Macro and IT skills.

Smart infrastructure from Siemens makes the world a more connected and caring place – where resources are valued, where impact on the world is considered, where sustainable energy is delivered reliably and efficiently. It provides the flexible infrastructure to allow society to evolve and respond to changing conditions. Technology and the ingenuity of people come together to be at one with our environments and to care for our world. We do this from the macro to the micro level, from physical products, components and systems to connected, cloud-based digital offerings and services. Siemens offers a broad portfolio of grid control and automation; low- and medium-voltage power distribution, switching and control; and building automation, fire safety and security, HVAC control and energy solutions.