CMA Executive

Zydus Lifesciences; Solan; On-site; INR 1,200,000 - 2,200,000; Full time

Job summary

Zydus Lifesciences in Solan, India seeks a finance professional to drive product costing, variance analysis, and management reporting. You will handle SAP-based costing, COGS for US products, budget forecasting, and fixed asset verification within the plant.

Collaboration with cross-functional teams is essential to monitor profitability and drive cost improvements. The role emphasizes cost control, financial closing activities, and performance analytics, with opportunities to enhance production

Responsibilities

• Prepare and maintain standard cost estimates in SAP S/4 HANA.
• Prepare product cost sheets and conversion cost calculations.
• Support costing for new product introductions and technology transfers.
• Analyze cost variances and product profitability.
• Prepare COGS for US market products.
• Develop cost sheets for Baddi, Topical and Viona products.
• Support budget cycle costing for regulated market products.
• Monitor product profitability and margins.
• Manage plant costing and accounting activities.
• Review daily production reports and utility consumption.
• Monitor manufacturing cost trends and cost variances.
• Support monthly financial closing activities.
• Prepare monthly MIS and Finance Dashboard.
• Analyze P&L performance, yield variances and manpower productivity.
• Present key financial highlights and improvement opportunities.
• Support management reviews through financial analytics.
• Prepare annual OPEX budgets and monthly forecasts.
• Conduct budget versus actual analysis.
• Support site cost control initiatives.
• Monitor spending against approved budgets.
• Support inventory valuation and inventory controls.
• Conduct monthly physical verification of SFG and open production orders.
• Support fixed asset verification and cleansing activities.
• Monitor working capital related inventory performance.
• Coordinate cost audit activities and documentation.
• Prepare cost audit data and statutory costing reports.
• Maintain costing records and audit compliance.
• Support internal and external audit requirements.
• Execute monthly SAP absorption runs.
• Release standard costs in SAP S/4 HANA.
• Monitor cost center allocations and absorption accuracy.
• Ensure integrity of costing master data.
• Validate SLIM and productivity projects.
• Support savings tracking and realization.
• Generate cost optimization opportunities.
• Support operational excellence initiatives from a finance perspective.
• Conduct financial evaluation of CAPEX proposals.
• Track post-implementation benefits and ROI.
• Support capital investment decision-making.

Job description

Area

Key Accountabilities / Responsibilities

Product Costing

• Prepare and maintain standard cost estimates in SAP S/4 HANA.
• Prepare product cost sheets and conversion cost calculations.
• Support costing for new product introductions and technology transfers.
• Analyze cost variances and product profitability.

US Product Costing & COGS

• Prepare COGS for US market products.
• Develop cost sheets for Baddi, Topical and Viona products.
• Support budget cycle costing for regulated market products.
• Monitor product profitability and margins.

Plant Accounting

• Manage plant costing and accounting activities.
• Review daily production reports and utility consumption.
• Monitor manufacturing cost trends and cost variances.
• Support monthly financial closing activities.

MIS & Financial Reporting

• Prepare monthly MIS and Finance Dashboard.
• Analyze P&L performance, yield variances and manpower productivity.
• Present key financial highlights and improvement opportunities.
• Support management reviews through financial analytics.

Budgeting & Forecasting

• Prepare annual OPEX budgets and monthly forecasts.
• Conduct budget versus actual analysis.
• Support site cost control initiatives.
• Monitor spending against approved budgets.

Inventory & Asset Management

• Support inventory valuation and inventory controls.
• Conduct monthly physical verification of SFG and open production orders.
• Support fixed asset verification and cleansing activities.
• Monitor working capital related inventory performance.

Cost Audit & Compliance

• Coordinate cost audit activities and documentation.
• Prepare cost audit data and statutory costing reports.
• Maintain costing records and audit compliance.
• Support internal and external audit requirements.

SAP Costing & Absorption

• Execute monthly SAP absorption runs.
• Release standard costs in SAP S/4 HANA.
• Monitor cost center allocations and absorption accuracy.
• Ensure integrity of costing master data.

Cost Improvement Initiatives

• Validate SLIM and productivity projects.
• Support savings tracking and realization.
• Generate cost optimization opportunities.
• Support operational excellence initiatives from a finance perspective.

CAPEX Evaluation

• Conduct financial evaluation of CAPEX proposals.
• Track post-implementation benefits and ROI.
• Support capital investment decision-making.