Finance Controller/ Materials Management Controller

3 - 7 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Materials Controller at ZF Group, you will play a crucial role in the financial operations of the company. Your responsibilities will include coordinating processes, conducting analyses, participating in business planning, and more. You will have the opportunity to perform monthly material cost analysis, scrutinize variances, and identify potential cost-saving opportunities. Additionally, you will monitor and track inflation for raw materials and components, negotiate with customers for recovery on finished goods parts, and work with vendors in case of deflation. Your role will also involve estimating material costs for monthly forecasts and annual operating plans to support budgeting and planning activities. You will be responsible for ensuring the timely completion of cost audit reporting and filing to meet regulatory requirements. Furthermore, you will drive and achieve cost reduction targets through strategic negotiations and initiatives, thereby contributing to the company's profitability. To excel in this role, you should have an educational background in finance, accounting, or a related field (CA or ICWA preferred). You should also possess proven professional experience in material cost analysis, ideally in a manufacturing or supply chain context. Strong knowledge of cost estimation, cost reduction strategies, and financial analysis is essential, along with proficiency in data analysis tools and relevant software for cost analysis. Effective communication and negotiation skills are crucial for collaborating with internal teams, vendors, and customers. Willingness to travel as required for business purposes is also expected. Choosing to work at ZF Group offers you various benefits, including the opportunity to work on a diverse portfolio of projects, high emphasis on career growth, a flexible work culture, extensive leave options for work-life balance, and a dynamic culture of recognition and wellness programs.,

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