Product Cost and Capex Controlling

Job Location

Pune - India

Category for Job Posting

Finance

Job Type for Job Posting

Full Time

Working Mode for Job Posting

Fully On-Site

About Us

At CNH, we're driven by a clear purpose: we serve and advance the people who feed and build a growing world.

As a global leader in agriculture and construction, we create the equipment, technology, and solutions that help our customers work more productively and sustainably. Our success starts with our people, and we foster a collaborative culture where innovation thrives and every employee has the opportunity to grow.

Grow a Career. Build a Future.

If you're ready to make an impact and build a career with purpose, there's a place for you at CNH.

Job Purpose

Product Cost and Capex Controller for AG India is responsible for Product Cost Analysis, tracking Price Increase/ Decrease for RM and any change through Engineering BOM. Approvals and evaluations related to Capex and Revenue spending; Monitor market trends and price estimations

Key Responsibilities

Primary and Secondary duties

• Prepare and present monthly product cost analyses highlighting key cost drivers and variances on Key Models.
• Update standard costing for FG and RM,including daily updation and annual cost rollovers.
• Perform inventory valuation and analyze month-on-month and inventory fluctuations for forecasting and budgeting purposes.
• Develop cost estimates for budgets, forecasts, quotations, and price-setting activities, while conducting variance and efficiency analyses and supporting all core costing functions.
• Evaluate the monthly impacts against forecast/Budget along with PD/Purchase controlling team for tracking price and engineering changes.
• Evaluate and monitor capital expenditure (Capex) projects, track actual spending against approved budgets/forecast, identify delays, recommend corrective actions, and ensure compliance with spending limits.
• Support with data in monthly/ annual closing, preparing Standard evaluation/analyses.
• Timely provides support/ information to various functions like Business Managers, Taxation, Marketing/ Commercial Controller and other Corporate Functions etc.
• Prepare COGS report for Export shipments and share with Central team.
• Calculate and share Transfer Prices of FG to Export Team timely.
• Analyze Depreciation Act vs consider in Forecast/Budget.
• Analysis and Validation of Cost saving projects.
• Track Intercompany Price change throughout year and triggered impact (if any).
• Support Purchasing team in capacity increase project assessment i.e., Make Buy evaluation etc.

Leadership/Team Management Responsibility

Work closing with Purchase Controller to keep the Raw Material assumptions aligned.

Work closely related to price changes along with Purchasing Buyers in a logical and transparent manner

Experience Required

• Should have 4 to 5 years of experience in finance controlling preferably in Manufacturing/ Purchase domain.
• Should be able to demonstrate good teamwork with exposure to various operating functions.
• Should be able to perform project/ investment evaluation
• Proficient in Microsoft Office, especially Excel and PowerPoint
• Demonstrate ability to analyze, consolidate & interpret financial data

Preferred Qualifications

CMA

What We Offer

We offer dynamic career opportunities across an international landscape. As an equal opportunity employer, we are committed to delivering value for all our employees and fostering a culture of respect.

At CNH, we understand that the best solutions come from the diverse experiences and skills of our people. Here, you will be empowered to grow your career, to follow your passion, and help build a better future. To support our employees, we offer regional comprehensive benefits, including:

Flexible work arrangements

Savings & Retirement benefits

Tuition reimbursement

Parental leave

Adoption assistance

Fertility & Family building support

Employee Assistance Programs

Charitable contribution matching and Volunteer Time Off