Colgate Palmolive (India) Ltd.—Senior Analyst, Supply Chain Finance

Job description

Description: Relocation Assistance Offered Within Country Job Number #175313 - Mumbai, Maharashtra, India Who We Are Colgate-Palmolive Company is a global consumer products company operating in over 200 countries specializing in Oral Care, Personal Care, Home Care, Skin Care, and Pet Nutrition. Our products are trusted in more households than any other brand in the world, making us a household name! Join Colgate-Palmolive, a caring, innovative growth company reimagining a healthier future for people, their pets, and our planet. Guided by our core values—Caring, Inclusive, and Courageous—we foster a culture that inspires our people to achieve common goals. Together, let's build a brighter, healthier future for all. 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 - 2-5 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 Our Commitment to Inclusion Our journey begins with our people—developing strong talent with diverse backgrounds and perspectives to best serve our consumers around the world and fostering an inclusive environment where everyone feels a true sense of belonging. We are dedicated to ensuring that each individual can be their authentic self, is treated with respect, and is empowered by leadership to contribute meaningfully to our business. Equal Opportunity Employer Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law. Reasonable accommodation during the application process is available for persons with disabilities. Please complete this request form should you require accommodation. #LI-Hybrid