Commercial Controlling And Product Costing Financial Analyst

Siemens; Thane; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Siemens in Thane (Maharashtra) invites an experienced candidate for the Business Administration / Finance role focusing on costing, commercial controls, and profitability analysis. The role includes COPA analysis, DTO costing, and cross-functional cost governance to support accurate business decisions.

The ideal candidate has 4–10 years in product costing and commercial controlling, with hands-on SAP COPA, NXTools, and MS Excel skills, and a preference for individuals with manufacturing/auto

Qualifications

• Bachelor’s degree in commerce, business administration, finance or related field.
• Masters preferred - MBA in Finance/Cost Management.

Responsibilities

• TCE updating and maintenance, including NXTOOL / NXTools.
• Preparation and validation of DTO costing.
• Costing for spare parts and related requirements.
• Costing support for R&D project activities.
• Preparation and review of BOE cost sheets.
• Royalty payment calculation, validation and reporting.
• OCC controlling and related commercial monitoring.
• PO approval-related activities and necessary commercial checks.
• Execution and documentation of Export Control spot checks.
• Ensuring adherence to applicable internal control requirements.
• Coordination and support for Headquarters and management-related topics.
• Preparation and submission of OPW reports.
• COPA analysis to assess revenue, cost, margin, and profitability performance.
• Top 10 order analysis, including key commercial observations and management insights.

Skills

Product Costing

Commercial Controlling

Profitability Analysis

SAP COPA Analysis

NXTools

Management Reporting

MS Excel

Education

Bachelor's Degree in Commerce/Finance

MBA in Finance/Cost Management

CMA/ICWA/CA Inter (advantage)

Tools

SAP COPA

NXTools

MS Excel

Job description

Job Description:

JOB PROFILE - Business Administration / Finance

Role Purpose: Manage product costing, commercial controls, compliance checks, management reporting, and profitability analysis to support accurate business decisions and effective cost governance.

ROLES AND RESPONSIBILITIES

1. TCE Management & Costing

• TCE updating and maintenance, including NXTOOL / NXTools
• Preparation and validation of DTO costing
• Costing for spare parts and related requirements
• Costing support for R&D project activities
• Preparation and review of BOE cost sheets

2. NXTools & Benchmarking

• NXTools updates, maintenance, and data accuracy
• Coordination and execution of global benchmarking activities

3. Royalty & Commercial Controlling

• Royalty payment calculation, validation, and reporting
• OCC controlling and related commercial monitoring
• PO approval-related activities and necessary commercial checks

4. Compliance & Controls

• Execution and documentation of Export Control spot checks
• Ensuring adherence to applicable internal control requirements

5. Management & Headquarters Topics

• Coordination and support for Headquarters and management-related topics
• Preparation and submission of OPW reports

6. Business & Profitability Analysis

• COPA analysis to assess revenue, cost, margin, and profitability performance
• Top 10 order analysis, including key commercial observations and management insights

REQUIREMENTS

Required Education:

• Bachelors Degree in Commerce, Business Administration, Finance, Accounting or related field
• Masters Degree preferred - MBA in Finance / Business Administration / Cost Management
• Professional qualification like CMA / ICWA / CA Inter will be an added advantage

Experience Requirement:

• 4 to 10 years of relevant experience in Product Costing, Commercial Controlling, and Profitability Analysis
• Experience in manufacturing industry / automotive sector preferred

Key Skills & Competencies:

• Strong knowledge of Product Costing, SAP - COPA Analysis, Profitability Analysis
• Hands-on experience in Commercial Controlling, Compliance Controls, Management Reporting
• Proficiency in NXTools, Benchmarking methodologies and MS Excel
• Good analytical, communication and stakeholder management skills
• Must-Have Skills: Product Costing, Commercial Controlling, SAP COPA Analysis, NXTools, Profitability Analysis, Management Reporting, Compliance Controls
• Nice-to-Have Skills: Global Benchmarking, Export Control Compliance, DTO Costing, BOE Cost Sheets Preparation, OPW Reporting

Job Details

• Job type: Full-time
• Work mode: Office/Site only
• Employment type: Permanent
• Location(s): Thane - Maharashtra - India