Analyst, Supply Chain Finance

Brief introduction - Role Summary/Purpose :

• In today’s multifaceted technology environment, it is an exciting time to be a part of the Finance team at Colgate!.

• Our Finance and innovative team is dedicated to driving growth for Colgate Palmolive in this constantly evolving landscape.

• The Supply Chain Finance Analyst is primarily responsible for performing the tasks related to Costing and Inventory and Fixed Assets Accounting processes.

• This includes supporting the accurate calculation and analysis of the costs associated with manufacturing or purchasing a product. Their work helps the company understand expenses, set pricing, and drive profitability.

• Perform and validate Technical CO Closing - month end activity, New Product Costing, Mass Product Costing, Annual CO Budget & Planning

• Capitalization, Retirement, master-data maintenance of Fixed Assets

• Regularly review SOX/Internal controls compliances, with accurate documentation, report any discrepancy/potential risk to ATL and Team lead during peer reviews and promptly remediate it

• Perform Lease Accounting activities in SAP and Lease governance tool

• Support and perform Year end testing and validations to ensure smooth transition

• Prepare and review various C&I and FA Reports (monthly/qtly/yearly - mgmt & stat) to ensure accuracy with analysis on variances, trend analysis to highlight any caveats and progress of plant performance

Responsibilities :

• Perform period closing activities and validation checks post-closing activities.

• Fixed Assets accounting & Capital budget monitoring.

• Record fixed asset acquisitions and dispositions in the accounting system.

• Conduct periodic reviews of the fixed asset schedule to determine dispositions and identify idle assets, if any.

• Reconcile the balance in the fixed asset subsidiary ledger to the general ledger

• Run depreciation for all fixed assets.

• Depreciation Forecasting for Budget purposes - including depreciation on projected spending.

• Accounting for Restructuring Projects.

• Works on complex Analysis to provide insights - such as impairment or restructuring projects, new plant set ups.

• Run monthly Plant Performance Report.

• Conduct MWIP Report and Analysis.

• Perform the fixed asset master data adjustment.

• Provide FA data to support tax, statutory and regulatory.

• Conduct Y/E asset accounting.

• Undertake the costing of new products & periodic cost revisions.

• Calculate, post, and allocate JE.

• Allocate overheads to the product as per the stage of processing.

• Perform cost center review and resolve discrepancies, if any.

• Prepare daily/weekly purchase price variance analysis report.

• Settle internal orders on a daily/weekly basis.

• Prepare monthly costing reports.

• Post monthly standard and judgment based accruals.

• Calculate, Review and Approve inventory reserve requirements including SLOB monthly.

• Analyze Product wise profitability.

• Perform process reconciliations.

• Analyze the actual costs against the budgeted costs and explain the variances.

• Prepare standard cost calculation for commercial and manufacturing sites.

• Perform Budget costing.

• Works on complex Analysis to provide insights

• Perform FI / CO / PA reconciliation monthly.

• Perform SOX assessment and compliance.

Required Qualifications :

• CMA (Intermediate or Final), Any other finance graduate

• 1-5 years of experience in Costing & Finance

• SAP Experience - minimum one year (Proficient in SAP -FI/CO/PA modules)

• Advance Excel

Preferred Qualifications :

• Working knowledge of SOX

• Google suits

• Experience of month end closing

• SAP Experience - minimum one year (Proficient in SAP -FI/CO/PA/MM modules)

• Advanced knowledge of Cost and Plant accounting

• Well versed with BI Platforms,Domo,Sigma,Tableau,Scripting

• Comfortable with managing and analyzing large data and

• Developing visualization in Slides (or other tools)

• Prior experience in working with multiple teams including business engagement across virtual platforms