The Role: Business Finance Senior Analyst The
Business Finance Senior Analyst will serves as a key finance partner supporting the Hyderabad Manufacturing Plant. The role is responsible for delivering accurate product costing, manufacturing cost analysis, and cost performance insights to support operational and strategic decision-making.
Working closely with plant finance, operations, procurement, and supply chain stakeholders, you will ensure costing accuracy, drive cost transparency, validate productivity and cost-saving initiatives, and provide actionable financial insights. You will also contribute to process standardization, continuous improvement, and digital transformation initiatives to enhance costing efficiency and business performance.
Product Costing & Manufacturing Cost Management - Lead end-to-end product costing activities across GSC manufacturing plants in India, ensuring accurate and timely cost reporting.
- Maintain and validate standard costs, including annual cost roll-ups and periodic updates to ensure costing accuracy.
- Analyze manufacturing costs, including direct materials, labor, overhead, freight, and inventory-related costs.
- Partner with plant operations, procurement, industrialization, and supply chain teams to identify cost drivers and improvement opportunities.
- Monitor and analyze Purchase Price Variance (PPV), Bill of Materials (BOM), routings, and manufacturing variances to ensure costing integrity.
- Ensure accurate costing structure for new product introductions, product transfers, and engineering changes.
- Validate cost savings initiatives, productivity projects, localization efforts, and other manufacturing improvement programs.
Financial Analysis & Business Performance - Deliver insightful analysis of manufacturing performance through cost, productivity, and profitability reporting.
- Perform variance analysis between actual results, standard costs, forecasts, and budgets, identifying key business drivers and risks.
- Analyze:
- Product cost performance
- Material cost evolution
- Direct labor productivity
- Purchase productivity
- Price, Volume, Mix, and FX impacts
- Freight and logistics costs
- Inventory-related performance indicators
- Translate financial results into actionable insights and recommendations for business leaders.
Planning, Forecasting & Reporting - Support monthly closing activities related to costing and manufacturing performance.
- Prepare and maintain manufacturing cost forecasts, budgets, and financial outlooks.
- Provide regular reporting and analysis to Finance Business Partners, Plant Leadership Teams, and GSC stakeholders.
- Support Monthly Business Reviews (MBR) and Quarterly Business Reviews (QBR) through meaningful financial insights and performance narratives.
Business Partnering - Act as the trusted finance partner for GSC manufacturing operations.
- Collaborate with plant finance, procurement, supply chain, industrialization, engineering, and operations teams to support business objectives.
- Provide financial guidance for operational decisions, productivity programs, sourcing initiatives, and manufacturing investments.
- Challenge assumptions, identify risks, and support informed decision-making through data-driven analysis.
Data Analytics, Digitalization & Continuous Improvement - Extract, analyze, and interpret large and complex datasets to drive operational and financial insights.
- Develop automated reporting solutions and dashboards to improve visibility and decision-making.
- Leverage tools such as Power BI, Power Query, Power Automate, Tableau, UiPath, or similar solutions to improve efficiency and reporting accuracy.
- Drive standardization, simplification, and continuous improvement of costing and financial processes across GSC plants.
- Support deployment of global costing and FP&A processes, tools, and best practices.
Preferred Experience - Minimum 5 years of experience in manufacturing finance, costing, FP&A, or cost accounting.
- Strong experience in:
- Product Costing
- Standard Costing
- Manufacturing Variance Analysis
- Inventory Costing
- Purchase Price Variance (PPV) Analysis
- Productivity and Cost Savings Validation
- Experience supporting multi-site manufacturing organizations is highly preferred.
- Strong understanding of manufacturing processes, BOMs, routings, labor and overhead allocations.
- Hands-on experience with SAP S/4HANA, Oracle, HFM/EPM, or equivalent ERP systems.
- Advanced proficiency in Excel, Power Query, and financial analytics.
- Experience with Power BI or other visualization platforms is an advantage.
- Strong communication skills with the ability to influence stakeholders across finance and operations.
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Responsibilities
The Role: Business Finance Senior Analyst The
Business Finance Senior Analyst will serves as a key finance partner supporting the Hyderabad Manufacturing Plant. The role is responsible for delivering accurate product costing, manufacturing cost analysis, and cost performance insights to support operational and strategic decision-making.
Working closely with plant finance, operations, procurement, and supply chain stakeholders, you will ensure costing accuracy, drive cost transparency, validate productivity and cost-saving initiatives, and provide actionable financial insights. You will also contribute to process standardization, continuous improvement, and digital transformation initiatives to enhance costing efficiency and business performance.
Product Costing & Manufacturing Cost Management - Lead end-to-end product costing activities across GSC manufacturing plants in India, ensuring accurate and timely cost reporting.
- Maintain and validate standard costs, including annual cost roll-ups and periodic updates to ensure costing accuracy.
- Analyze manufacturing costs, including direct materials, labor, overhead, freight, and inventory-related costs.
- Partner with plant operations, procurement, industrialization, and supply chain teams to identify cost drivers and improvement opportunities.
- Monitor and analyze Purchase Price Variance (PPV), Bill of Materials (BOM), routings, and manufacturing variances to ensure costing integrity.
- Ensure accurate costing structure for new product introductions, product transfers, and engineering changes.
- Validate cost savings initiatives, productivity projects, localization efforts, and other manufacturing improvement programs.
Financial Analysis & Business Performance - Deliver insightful analysis of manufacturing performance through cost, productivity, and profitability reporting.
- Perform variance analysis between actual results, standard costs, forecasts, and budgets, identifying key business drivers and risks.
- Analyze:
- Product cost performance
- Material cost evolution
- Direct labor productivity
- Purchase productivity
- Price, Volume, Mix, and FX impacts
- Freight and logistics costs
- Inventory-related performance indicators
- Translate financial results into actionable insights and recommendations for business leaders.
Planning, Forecasting & Reporting - Support monthly closing activities related to costing and manufacturing performance.
- Prepare and maintain manufacturing cost forecasts, budgets, and financial outlooks.
- Provide regular reporting and analysis to Finance Business Partners, Plant Leadership Teams, and GSC stakeholders.
- Support Monthly Business Reviews (MBR) and Quarterly Business Reviews (QBR) through meaningful financial insights and performance narratives.
Business Partnering - Act as the trusted finance partner for GSC manufacturing operations.
- Collaborate with plant finance, procurement, supply chain, industrialization, engineering, and operations teams to support business objectives.
- Provide financial guidance for operational decisions, productivity programs, sourcing initiatives, and manufacturing investments.
- Challenge assumptions, identify risks, and support informed decision-making through data-driven analysis.
Data Analytics, Digitalization & Continuous Improvement - Extract, analyze, and interpret large and complex datasets to drive operational and financial insights.
- Develop automated reporting solutions and dashboards to improve visibility and decision-making.
- Leverage tools such as Power BI, Power Query, Power Automate, Tableau, UiPath, or similar solutions to improve efficiency and reporting accuracy.
- Drive standardization, simplification, and continuous improvement of costing and financial processes across GSC plants.
- Support deployment of global costing and FP&A processes, tools, and best practices.
Preferred Experience - Minimum 5 years of experience in manufacturing finance, costing, FP&A, or cost accounting.
- Strong experience in:
- Product Costing
- Standard Costing
- Manufacturing Variance Analysis
- Inventory Costing
- Purchase Price Variance (PPV) Analysis
- Productivity and Cost Savings Validation
- Experience supporting multi-site manufacturing organizations is highly preferred.
- Strong understanding of manufacturing processes, BOMs, routings, labor and overhead allocations.
- Hands-on experience with SAP S/4HANA, Oracle, HFM/EPM, or equivalent ERP systems.
- Advanced proficiency in Excel, Power Query, and financial analytics.
- Experience with Power BI or other visualization platforms is an advantage.
- Strong communication skills with the ability to influence stakeholders across finance and operations.
