Over 125 years ago, Frederik and Gerard Philips started a small light bulb company in Eindhoven. Little did they realize that it would become a global force of innovation, committed to improving billions of lives worldwide. But it did.
Today, Philips is a world leading health technology company with a vision to make life better for people worldwide through meaningful innovation. Making good on this promise depends on our passionate, inspirational, collaborative and diverse team.
We have over 80,000+ brilliant people around the world but are always looking for more. Like-minded, motivated, focused minds to join us in creating a healthier, more connected society while transforming themselves personally and professionally.
VACANCY DETAILS :-
In this role, you have the opportunity to
Set up costs for the products that you produce and support aspects of the manufacturing environment by 1) Product costing (detailed information) for material, labor, and overhead. 2) Cost reporting (what does the item really cost to produce) & Variance reporting (actual versus standard costs).
You are responsible for
Standard Cost responsibility for purchased items, involving the interface with purchasing, materials and manufacturing departments to determine material values used to set standard cost on an ongoing basis for the annual cost build.
Analysis of Purchase Price Variance. Includes analysis on a weekly and monthly basis, generating schedules with information on the variances. Also, accounting closing as related to the variances and accruals.
Product Cost analysis – Absorption | Production Order
Product Cost Reporting – WIP, Inventory, Production order ageing, Cycle count & CONQ
Manufacturing overhead analysis. – Mat. Price Variance/Mat.Mix Variance
Record labor & overheads for systems produced.
Inventory Evaluation and Reserves are Appropriate
E&O | Scrap
Other monthly closing and year-end activities as required specific to Product costing
Calculation of Factory cost price (FCP ) for Finished & Semi finished products
Ad-hoc analysis support to Plant Finance Business partner, Mfg. Operations controller.
Adherence to SOX / internal control standards (ICS) for Material consumption & variance.
You are a part of
The department CoE FP&A Operations at Philips We work with leading stakeholders in the area of Supply Chain Management /Manufacturing Operations . We work with all Philips businesses worldwide and different function in Philips.
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