Job Information
Momentive Performance Materials Inc. Analyst -Costing in Bangalore, India
Job Title: Analyst -Costing
Summary: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 to 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 relationship and support to Sector Operations Finance Leaders.
Responsibilities Include:
Tasks and responsibilities of the position:
Please specify if responsibilities are Global and/or Regional and/or Local.
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
Decision Making Authority:
- Low-Medium
Key Metrics Role is Accountable For:
Standard Cost monitoring
Actual Cost Analysis impact
Testing & Variance Efficiency
Query and Discrepancy resolution time
Proactive Engagement and Collaboration
Key Relationships:
- Business, Commercial, Operations, Product Managers, IT
Travel Requirements
As per Business Need
Basic Qualifications:
Qualified Cost Accountant with min 4-5 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
Preferred Qualifications:
- Experience in TABLEAU & PowerBI with be a plus
Core Competencies:
Please select the relevant core competencies for this role; refer
Strategic Focus & Direction
Focusing on the Customer
Increasing Global Effectiveness
Furthering Business Knowledge
Personal Leadership
Embracing a Safety Mindset
Influencing
Challenging
Trust & Teamwork
Collaborating Inclusively
Communicating Effectively
Achieves Business Results
Applying Project Management
Executing
Making Fact-Based Decisions
Demonstrating Agility
Qualifications:
The following are required for the role
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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