Senior Manager COGS Planning

Role Purpose:

This role plays a critical part in enabling cost transparency forecasting accuracy and financial discipline across COGS and Manufacturing Overheads. It involves close collaboration with business teams including category managers plant teams and FP&A leadership to support key deliverables around cost planning reporting analysis and building digital capability.

KEY RESPONSIBILITIES

FP&A COGS

• COGS Period Closing:
  Lead the monthly closure and validation of COGS including data integrity variance analysis and reporting.
• Rolling Forecast Submissions:
  Ensure timely and accurate submission of rolling forecasts incorporating key inputs from cross-functional stakeholders.
• R&O (Risks & Opportunities) Reporting:
  Identify and communicate cost risks and opportunities across the value chain in a structured manner.
• Polaris Reporting:
  Support accurate and timely upload of COGS and MV (Material Variance) into Polaris in alignment with FP&A guidelines.
• Standard Cost Review & Reporting:
  Drive discussions on standard cost assumptions and changes. Report performance vs standard cost and lead cost governance reviews.
• COGS Tool Enablement:
  Champion the usage and continuous improvement of the internal COGS reporting tool for enhanced visibility alignment and control.
• Cross-functional Collaboration:
  Work closely with HQ finance teams and participate in business/internal reviews to align on cost performance and outlook.

Manufacturing Overheads

• Overhead Reporting & Analysis:
  Prepare and analyze manufacturing overheads (by unit/category). Provide insights on key drivers and deviations.
• Bottler Cost Analysis:
  Evaluate and track bottler manufacturing cost trends across units identify variances and report business implications.
• Unit-level Overhead Budgeting & Control:
  Collaborate with plant finance teams for preparation of annual overhead budgets. Ensure actuals are tracked and aligned with budget through timely interventions.
• Budget Monitoring & Adherence:
  Monitor budget vs actual monthly. Identify any overruns and drive cost containment measures.
• Quarterly Cadence Reviews:
  Drive cadence-based review of overhead budgets with actionable insights and early flagging of R&O.

Projects

• COGS Tool enhancement for actual & rolling forecast
  • Stabilizing & implement Cogs tool for actuals review
  • Support in the parallel run for the Anaplan cogs tool

KEY INTERFACE

INTERNAL STAKEHOLDERS

• Supply Planning
• Integrated Operations
• Integrated Operations Finance
• Pricing
• Corporate Accounts & Centre of Excellence
• Strategy and Transformation
• PR-HQ BP&A

EXTERNAL STAKEHOLDERS-

• Consultants (Need basis)

JOB REQUIREMENTS

QUALIFICATIONS

Qualified Chartered Accountant/ MBA

EXPERIENCE

• Minimum 6-9 years post qualification work experience ideally including experience in a multinational FMCG company
• Should have at least 5 years experience in strategic / financial planning forecasting and financial analytics

FUNCTIONAL AND BEHAVIOURAL COMPETENCIES

• Business acumen
• Relationship Building
• Strong analytical skills
• Good knowledge of Processes and Information systems
• Accounting & consolidation
• Good communication and Presentation skills
• Strong time management with ability to multi-task

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