The first joint Renault-Nissan Alliance plant for global markets, the plant at Chennai in India has a production capacity of 400,000 units.
Opened in March 2010, the plant represents an investment of 45 billion rupees ($990 million) and employs 1,500 people. The first Renault vehicles designed for the Indian market to roll off the production lines were Koleos and Fluence.
VACANCY DETAILS :-
POST NAME - Material Cost Control Officer
QUALIFICATION - CA/CMA
EXPERIENCE - 1 To 4 Years
CTC - 4 To 9 LPA
LOCATION - Chennai
JOB DESCRIPTION :-
- Material Cost Budgeting, Target Setting for Purchasing Function and Forecasting
- Monitoring Material KPI and reporting actuals.
- Import Parts Rate Management and Variance Analysis
- Product Material Cost monitoring and Reporting (Cost Control Models)
- Material Cost savings validation for design changes, Parts addition & deletion, Source change and Non-PO performance in Material cost
- Cost Analysis and Reporting Actual with regard to Budget / Forecast
RESPONSIBILITIES -
1. Budgeting and Forecasting :
- Getting Volume information from Function like Volume, Models, Mix, Part Price from POs and Prices from Import Source, Forex rates and Planned Changes with Cost, etc.
- Validation of input by comparing last Budget and seeking clarification for major variance
- Cost Per unit arrival based on the agreed method and explain the variance with regard to last Budget / Actual
- Forecasting as per above activities
2. Purchasing Performance Monitoring :
- Cost Reduction (C/R) and Raw material Cost increase (RM) target setting in line with Global guide
- Monitoring monthly performance with regard to Budget
- Closely working with Purchasing to get forecast & report any risk for the business
- Cost reduction validation for one time items and validation of C/R realized in actual.
3. TdC Reporting :
- Cost Control Model (CCM) finalization in line with Region and Global guideline
- Target setting for material cost in line with Budget
- Challenging Function for additional target
- Calendarization of CCM monthly height and report the variance with regards to Budget
- Forecasting landing with regular official interval to support management to accelerate to achieve Target.
4. Imported Part Price Management :
- Imported parts price is managed as per Internal Transfer Price (ITP) guideline
- Validation of new parts and approval of the same
- Validation of ITP revision and report the variance
- For any major deviation, escalation and getting support to resolve.
5. Team Development and process simplification :
- Training team to handle activities independently
- Establishing standard process
- Simplification of procedures and minimum manual interventions
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