Associate Manager Procurement Finance - South Asia

Avery Dennison

Company Description

Avery Dennison Corporation (NYSE: AVY) is a global materials science company specializing in the design and manufacture of a wide variety of labeling and functional materials. The company’s products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical, and retail applications; tags, labels and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets. Headquartered in Glendale, California, the company employed more than 35,000 employees in more than 50 countries. Reported sales in 2021 were $8.4 billion. Learn more at www.averydennison.com.

Job Description

ABOUT AVERY DENNISON CORPORATION

Avery Dennison Corporation is a global leader in labeling and packaging materials and solutions. The company’s applications and technologies are an integral part of products used in every major market and industry. Avery Dennison serves customers with insights and innovations that help make brands more inspiring and the world more intelligent.

> Founded in 1935. A FORTUNE 500 ® Company with sales of $6.1 billion in 2016

> Global Operations in 50 countries with two industry leading business-

> Label and Graphics Materials - a global leader in the design and manufacture of pressure sensitive and non-adhesive coated papers, films and foils that are widely used in brand identity, bar-code labeling systems, product identification and other applications by label converters, consumer product companies, and others.

> Retail Branding and Information Solutions (RBIS) - provides sustainable, intelligent and creative services and solutions that elevate brands and accelerate performance throughout the global retail supply chain.

Avery Dennison India

Since entering India in 1997, Avery Dennison has experienced strong growth for the businesses, Label and Graphics Materials as well as RBIS and employs more than 1000 people.

Label and Graphics Materials India works closely with brand owners, packaging professionals and converters in different segments viz. Home & Personal care (incl. HUL), Pharmaceutical, Food & Beverages, and Durables for providing labeling insights and solutions. MG India has three manufacturing facilities in Gurgaon, Pune and Bangalore, as well as a network of strategically located sales and distribution centers, including facilities in Delhi, Mumbai, Bangalore, Hyderabad, Chennai and Kolkata.

The company and the Avery Dennison Foundation also have spearheaded a number of corporate social responsibility initiatives in India, including Spirit of Invention (InvEnt) Scholarship program supporting Indian engineering students, support for local schools in Pune and Gurgaon and a variety of employee volunteer activities.

For more information, visit www.averydennison.com/India.

https://www.youtube.com/watch?v=DOW9EaiaQj4

ABOUT YOUR ROLE: 

The role drives the regional analytics on raw material sourcing optimization, Inflation-deflation analytics for raw material & Imported finished goods. Incumbent should have good interpersonal skills to work effectively with procurement stakeholders to derive effective forecasting on Cost Infl/defl , savings & payables. 

YOUR RESPONSIBILITIES WILL INCLUDE:

  • Procurement Finance (Costing) lead for South Asia business.
  • Month End closing for Costing & Inventory valuation.
  • Deep Dive analytics on Purchase price variations for South Asia
  • Regional Lead for driving Procurement KPIs across Asia Pacific Region.
  • Drive Monthly Reviews for Procurement Finance with Leadership team
  • Planning and Forecasting of Raw Material Prices Inflation/Deflation..
  • Benchmarking and Cost comparison analytics for various cost factors.
  • Transfer Price management for Export Sales & its analytics.
  • Coordinate decision making for Vendor Change through End to End Financial Impact analysis 
  • Manage Supplier Rebates booking & ensure analytics at month end.
  • Leading annual Budgeting & forecasting of Procurement finance related KPIs
  • Provide cost information to businesses with various assumptions to the Product manager for pricing decisions.
  • Look for opportunities to improve the process effectiveness and improvements.
  • Support Oracle implementation for costing across region as Subject Matter expert.

Qualifications

We are looking for:

  • Chartered or Cost accountant with 5-6 years of experience.
  • Worked in Costing in a manufacturing industry will be preferred. 
  • Proficient in using Oracle , Google Sheets , specifically setting up spreadsheet formulas, linking spreadsheets, extracting data, developing graphs will be a must.
  • Skill in understanding and communicating complex ideas effectively, both verbal and writing.
  • Ability to work across the levels with team collaboration.
  • Good analytical, organizational and communication skills.
  • Open for both International & domestic travels.

Additional Information

Candidate Must be:

CA or ICWA

Must have min. 5 years of experience

Good communications

Oracle experience is Must*

Open to learn and adapt

Diversity is preferred and also early joiners 

All your information will be kept confidential according to EEO guidelines.

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Confirmed 6 hours ago. Posted 26 days ago.

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