Senior Manager – Costing & Business Finance

Location: Chennai

Profiles Summary

• This role is responsible for leading Plant Operations including product costing, manufacturing finance, inventory valuation, cost optimization, capital expenditure analysis and profitability management. The role partners closely with Operations, Procurement, Supply Chain, R&D, Commercial, and Leadership teams to provide financial insights that improve manufacturing efficiency, pricing decisions, and business profitability

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Job Requirements

• :
  ICMA / CMA / CA with 8 - 12 years of work experience in manufacturing sec
• torExperience in Animal Nutrition, Feed, Food Ingredients, Chemicals, Agrochemicals, Pharmaceuticals, or FMCG manufacturing is prefer
• redWork Environment: Factory & Business Off
• iceTravel to factory (Gummidipoondi) (Monthly 15 to 20 da

ys)
Job Resposibilit

• ies
  Establish a disciplined, quarterly cost roll process that keeps standard costs aligned with actuals, thereby minimizing purchase price and inventory varia
• nces.Preparing monthly Operations Business Unit management reporting pack ensuring accuracy, completeness and compliance with Kemin Accounting requirements. Assist in forecasting future costs and financial perform
• ance.Monthly reconciliation of Sales and COGS with General Ledger balances, identifying and resolving discrepancies to ensure accurate margin repo
• rtingReview of monthly variances between standard and actual cost and allocation of variances among Business Units as per Kemin Poli
• cies.Proactively identify cost optimization opportunities and enhance margin productivity including KPIs like Cost per Kg, DIO, Overall Equipment Effectiveness (OEE),
• etc.Partner with all stakeholders to support business decisions, such as pricing strategies and profitability anal
• ysis.Preparation of monthly inventory listings, including reconciliation with the general ledger, ageing analysis along with determining inventory provisions in accordance with Kemin accounting policies including ensuring accurate inventory valua
• tion.Monitoring and review line-wise capacity utilization, collaborating with Operations team to maximise efficiency and minimise manufacturing c
• osts.Partner with Procurement to evaluate supplier cost trends, analysis savings and support logistics and warehouse cost optimisa
• tion.Lead budgeting process for accurate cost determination by assessing plant capacity and establish accurate material, labout and other overhead c
• osts.Evaluation of Capex investments, focusing on ROI optimization and adherence to Kemin policies to support strategic decision-ma
• king.Ensuring all capex projects are accurately tracked and controlled within the approved limits, with timely escalation of varia
• nces.Accountable for capitalization of completed capex projects in compliance with Accounting stand
• ards.Perform periodic post-capex ROI evaluations against approved project
• ions.Assist in the preparation and submission of required data for statutory / internal a
• udit.Responsible for preparing and submission of periodic reports to Kemin global