BALAMURUGAN R

• Product costing SME in SAP R/3 to S4 Hana migration (Jun 2018 to Jun 2020)
• Master data Quality validation
• Product cost result UAT- 40+ Company codes
• E2E Process design for Costing message solution
• A3 Project created and resolved drastic amounts of Costing message with clear action plans
• PBI dashboards created to bring visibility to stakeholders on Costing message and Revaluation.

• P&L Preparation for Management review
• Factory Cost price planning (Forecast and Annual planning)
• Variance analysis – Purchase price variance, Revaluation, Labor & Overhead absorption and Scrap & Obsolescence

• P&L review with Market and Business Head of Finance
• Business case Validation
• Third party Invoice validation and approval
• Variable and Fixed cost planning
• Obsolescence provision calculation and Inventory aging analysis

SME IWD

• Annual and Quarterly Planning- Target setting
• Monthly Actual vs Target cost variance analysis
• Review with Market HOFs to understand the variance – Operational and Non-operational reasons
• Communication of Consolidated reports to Integrated supply chain HOF

SME FCP

• Preparation of Annual calendar and templates to receive input from respective Factory and Business Cost engineers
• Consolidating and reviewing the changes in FCP with Cost engineers
• Index report preparation and review with Integrated supply chain HOF
• Explaining the change in FCP with bridge analysis ( BOM and Conversion cost)
• Project management –initiating process improvement projects and digitization initiatives
• Team handling (two subordinates).

• P&L reporting along with variance analysis for Manufacturing operation
• Business and Market Inventory reporting
• Market Cost report (Delivery Org) preparation and reviews with Business owners
• Spend & Savings reporting of Nokia Procurement Finance organization and review their improvement proposals with frequent intervals
• Capex Tooling Master Data Maintenance and reporting Monthly depreciation of tooling assets
• Execution of Costing Manufacturing plants and Regional Hubs
• New Product Cost estimate calculation coordinating with Factory head
• Transitions from countries China, Germany and Finland HQ (travelled twice to Finland)
• Monthly Cost center analysis on Actuals expense bookings
• Excess and Obsolete Inventory analysis on quarterly basis for Chennai plants
• Validation of Cost savings, Cost avoidance, Price reduction Business case and approval
• Processing various variable cost accruals (freight , duty)
• Active participation in the Tax and Statutory audit
• Notes to accounts preparation for Annual reporting {Consumption summary, CIF value Direct materials, Capital commitments & Open PO of Direct and Indirect materials etc..}
• Annual Performance report preparing and submitting with SEZ through online
• Ensuring SOX compliance – Controller for SOX Audit.

• MIS preparation to Finance controller
• Variance analysis
• Warehouse management -Stock Audit
• Assist with Auditors in Tax Audit and Statutory Audit
• Costing run execution in SAP for existing products and Preparing cost sheets for a NPI
• Head of Accounts Payable and Receivables
• Annual Cost Budget preparation.