Materials Controller

Employer
Confidential
Location
Ambattur
Posted
Jun 17, 2024
Closes
Jul 01, 2024
Ref
4740924458
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
MM controller - Manager/Sr. Manager (Product Costing)

Chennai, Ambattur

Req ID 69420 Chennai, India

1. Person in the role was to handle the following:

i. Material cost analysis month on month and look for any variances

ii. Inflation tracking for RM and Components and corresponding

recovery from Customer (on FG parts)

iii. Monitoring the commodity cost movement basis published INDICES

and obtain the required inflation from customer and obtain the

reduction from vendor (in case of deflation)

iv. Ascertaining the potential opportunities of material cost reduction in

terms of vendor selections, competitive quotes, scrap realization etc.

v. Person to have strategic approach to material cost and contribute to

business in terms of profitability.

2. Prepare the material cost estimates for monthly forecasts, annual OP activity.

3. Responsible for completion of cost audit reporting and filing

4. Drive targets on cost reduction and cost negotiations to ensure

achievement of targets.

Qualification :

CA or CMA Qualified

At least 4+ years of exp. in product Costing

Skills: Cost Reduction

Experience: 4.00-6.00 Years