SUN PHARMA
Website:
sunpharma.com
Job details:
Job Summary
The Head of Costing is responsible for overseeing and optimizing the cost management function across Sun Global Pharmaceutical Operations (Formulations + API). This role involves Global Product Costing, Budgeting & Standard Cost setting , Transfer pricing , Controls through Variance Analysis and providing Strategic and financial insights to enhance profitability and efficiency. The ideal candidate will have a strong experience in pharmaceuticals costing, supply chain finance and compliance with industry regulations.
Areas of Responsibility
- Manage Global Costing Systems and Processes across Sun Supply Network with an objective to standardize and provide effective support to Business.
- Partnering cost improvement programs as a part of product Life cycle Management.
- Work closely with Procurement, Manufacturing and Supply Chain to monitor and support cost reduction initiatives.
- Annual/ Periodic Standard Cost setting in coordination with procurement , production and finance teams.
- Collaborate with market and finance teams to support Pricing strategies , Profitability analysis and Gross Margin improvements.
- Support Transfer Pricing and Intercompany profit elimination
- Global Inventory Policies and Procedures. Ensure accuracy and transparency in Inventory valuations.
- Conduct cost-benefit analysis for New product introduction and R&D projects.
- Administers SAP/ERP costing modules (Material Ledger, Costing and Master data integrity etc.). Leverage systems to automate and enhance costing processes.
- Interface with auditors, regulatory bodies and tax authorities on cost related matters.
Key Skills
Strong Knowledge of SAP (CO module)
Excellent Analytical , Problem Solving and Leadership Skill.
Ability to manage cross functional teams and drive cost optimization initiatives.
Strong Communication and Stakeholder management skills
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