Assistant Manager - FP&A
At a glance
Manager-level FP&A role at J&P Coats. India.
Pay not stated FP&A salary
financeroles summary, based on the employer's posting.
What you'll do
- Update standard costs and keep costing records accurate
- Check bills of materials and routings in SAP with IED, manufacturing and supply chain teams
- Analyze margin changes with commercial teams and reconcile physical stock against book records
- Value inventory at month-end, support statutory, tax and cost audits, and develop automation such as Power BI dashboards
What you bring
- You hold a qualified CMA or CA credential
- You have at least two years in costing at a large manufacturing business and understand costing principles
- You can use SAP, including its CO module, and SAP BI
Who this fits
This role suits a costing professional who can provide timely cost and profitability information to commercial, manufacturing and supply chain teams. The position is based in Madurai, India.
From the employer
Job Title - Assistant Manager - FP&A
Location: Madurai, India
Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment.
Trusted by the world's leading companies to deliver crucial, innovative, and sustainable solutions, we provide value-adding products including apparel, footwear and speciality threads.
With a proud heritage dating back more than 250 years and a spirit of evolution to constantly stay ahead of changing market needs, we have operations across 50 countries with a workforce of over 17,000, serving our customers worldwide.
Role Purpose: The employee is responsible to support the Business i.e Commercial, Manufacturing, Supply Chain by providing accurate and timely cost and profitability information to enable them to take relevant and timely decisions.This role involves working in a collaborative manner with other teams, optimizing processes, ensuring compliance with relevant laws and regulations as well as Coats internal policies.
Principal Accountabilities and Key Activities:
Manage Standard cost revision and maintain accurate costing , Engage with IED and manufacturing and Supply Chain for correctness of BOM & Routing in SAP, Discuss with Commercial on margin movements and analysis, Own End to End stock reconciliation (Physical vs Books), Perform Inventory valuation at month ends as per standard policies, Audit support – Statutory, Tax & Cost audit, Drive forward opportunities for automation and providing value added insights in specific areas as identified from time to time in Costing & FP&A (Eg., Power BI Dashboard, Costing Reckoners).
Key Relationships:
Internal- Commercial, IED, Manufacturing, Supply Chain
External- Auditors, Statutory, Internal, and Cost
Education, Qualifications and Experience:
Essential-
- Qualified CMA/CA
- Thorough understanding of costing principles with minimum of 2 years experience in costing function in a large manufacturing concern.
- Familiarity with SAP (including CO module) and SAP BI needed.
- Strong Analytical skills.
- Good Interpersonal skills.
- Good Written and Oral communication is required.
Desirable-
- SAP, Power BI, Excel, Word and PPT
At Coats Group, we are committed to innovation, excellence, and fostering a diverse and collaborative environment where every team member can thrive. If you are passionate about making an impact in the textile industry and eager to join a global leader with a rich heritage and a forward-thinking approach, we invite you to take the next step in your career with us.
Apply now to be part of our dynamic team and help shape the future of textiles.
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