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Open nowPosted 65 days ago

Lead Analyst - Costing COE

Momentive69 open roles

Where
IN Bangalore MBS
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Your applicationOpen nowLead Analyst - Costing COEMomentive · IN Bangalore MBS

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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. Momentive postings stay open a median of 34 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 57.8%60 days
This job: posted 65 days ago

Momentive median: 34 days open

The posting

Job Title:

Lead Analyst - Costing COE

Summary:

Momentive Business Services (MBS) provides exceptional support to global operations, fostering a collaborative and innovative environment that drives operational excellence. The Global Shared Services team, based in India and Mexico, is integral to this mission, delivering comprehensive finance and business support. The incumbent of this role will be part of GSS-Finance Support Team working with the line manager independently to ensure timely execution & delivery of commitments as per the roles and responsibilities defined, to meet expectations of our functional stakeholders in Costing COE team. The incumbent of this position will play a key role in optimizing cost management processes, influencing key business decisions, and driving our global success as part of MBS Should play a key role in delivering consistent quality inputs to stakeholders across Business, Commercial, and Operations. Responsible for analysis of various key drivers related to operational efficiency. Ensure timely and accurate flow of reporting to control functions. Maintain close working relationships and support Operations Finance Leaders.

Responsibilities Include:

Tasks and responsibilities of the position:

  • Standard Cost Management: Develop, maintain, and continuously improve standard cost models to ensure accuracy and efficiency in cost calculations across diverse manufacturing operations
  • Perform adequate testing and report & analyze results during Actual Costing Implementation project
  • Actual Cost Analysis: Perform detailed analysis of actual costs, investigating discrepancies and variances to provide actionable insights for cost optimization strategies
  • Variance Analysis: Conduct thorough variance analysis, highlighting key drivers and collaborating with stakeholders to implement corrective actions where needed.
  • Query Resolution & Discrepancy Management: Manage and resolve cost-related queries, variances between Standard & Actual and other discrepancies promptly, ensuring accurate financial reporting.
  • Multi-Plant Coordination: Coordinate with teams across multiple plants to gather data, harmonize cost accounting practices, and streamline reporting processes.
  • Collaboration & Engagement: Work closely with business, commercial, and product managers, providing valuable cost insights and fostering collaborative decision-making
  • Commitment to growth, professional development, and work-life quality by managing priorities
  • Handle ad-hoc requests from Stakeholders & Manager promptly and effectively for business continuity
  • Ensure compliance with US GAAP accounting standards and internal Momentive financial policies

Qualifications:

The following are required for the role

  • Qualified Cost Accountant with min 8-10 years of experience in cost accounting, variance analysis, and standard cost management within a manufacturing environment
  • Proficiency in SAP systems and advanced Excel skills for data analysis and reporting
  • Strong communication skills to engage effectively with stakeholders at various levels & ability to thrive in a fast-paced, dynamic environment, managing multiple priorities with attention to detail
  • Experience working in a global environment with a pro-active attitude, pragmatic, Multitask handling and team player
  • Monthly 5-7 working days incumbent has to work in night shift (from home)

Preferred Qualifications:

  • Advanced MS Excel, Power BI, Tableau and MS PowerPoint experience
  • Exposure in Global Shared services set up is a Plus

#LI-Hybrid #LI-BS1

What We Offer:

At Momentive, we value your well-being and offer competitive total rewards and development programs. Our inclusive culture fosters a strong sense of belonging and provides diverse career opportunities to help you unleash your full potential. Together, through innovative problem-solving and collaboration, we strive to create sustainable solutions that make a meaningful impact. Join our Momentive team to open a bright future. #BePartoftheSolution

About Us:

Momentive is a premier global advanced materials company with a cutting-edge focus on silicones and specialty products. We deliver solutions designed to help propel our customer’s products forward—products that have a profound impact on all aspects of life, around the clock and from living rooms to outer space. With every innovation, Momentive creates a more sustainable future. Our vast product portfolio is made up of advanced silicones and specialty solutions that play an essential role in driving performance across a multitude of industries, including agriculture, automotive, aerospace, electronics, energy, healthcare, personal care, consumer products, building and construction, and more.

Momentive believes a diverse workforce empowers our people, strengthens our business, and contributes to a sustainable world. We are proud to be an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any characteristic protected by law.

To be considered for this position candidates are required to submit an application for employment and be of legal working age as defined by local law. An offer may be conditioned upon the successful completion of pre-employment conditions, as applicable, and subject to applicable laws and regulations.

Note to third parties: Momentive is not seeking or accepting any unsolicited assistance from search and selection firms or employment agencies at this time.

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