Financial Analyst

The postion is to analyse Direct Material Cost at Product Level and analysis on Procurement Result and overall material cost impact , to be able to manage IT developments such as power BI dashboard and prioritise on improvement ideas .

Responsibilities :-

• Analyse Direct material model (for both ACT and FCST)
• Provide analysis for all material cost accounts (NPI Scrap, Mix impact, FX Impact) and explain all variance versus given baseline (Prior Year, Official Forecast, AOP) for entire Garrett material cost
• Build reports and database for Material Cost to provide analysis on Material cost walk vs Priori year, 5+7, 8+4 and AOP is to be presented
• Monthly, Quarterly and Year end Accrual management (FIFO, Parked invoices, Inventory revaluation)
• Prepare monthly risks and opportunities versus given baseline and share them with Core FP&A team
• Key contact for inputs to central FP&A team related to Garrett Material Cost , Material Productivity in Garrett and inputs to controllership for all accounting bookings
• Drive standardization between Garrett entities on Material cost accounts and how they are used in accounting entries
• Make the connection between Material cost results with Impact in Material Margin and offer support solve strange material margin
• Build Database of Material cost to be used to analysis on Volume Variance and challenge assumption of material cost .
• Build Reproting Structure for Material Cost using Power BI or other visualisation Dashboard.
• Manage IT projects within the team and drive improvement ideas.
• SPOC for all IT tools and Devlopment prcess

Qualification & Experience :

Bachelor Degree in Finance and Accounting , MBA or CWA will be added advantage

3-5 years of experience in Financial Planning & Analysis and Material Cost accounting

Key Skill:

Financial analysing, Cost Accounting, Cost Management , Power BI Dashboard Development, IT Management