Title: Raw Material Controller
Job Title : Raw Material Controller
Reports to : Senior Raw Material Specialist
Department : Finance and Business Office
Job Location : Ageo/ Bangalore
Purpose
Provide Raw Material guidance to PU organization to enable the team in timely supplier negotiations and maintaining proper RM agreement tracking
Accountabilities/Responsibilities
- Serve as Business Partner for purchasing organisation.
- Control raw material costs and provide market impact visibility to the given Purchasing
- Drive RM agreements compliance as per market trends within Purchasing.
- Define the content of the Raw Material agreements and support the Buyers in negotiating the contractual terms with the suppliers
- Ensure that the right RM indexes are used by suppliers and provide support to purchasing team on the same.
- Collect and use all internal and external business intelligence available
- Provide monthly Raw material Bulletin covering related Raw material and global economic topics.
- To act as a first point of contact within the business for all queries relating to RM.
- Ensure process compliance with internal controls, which includes support to process owners and managers, review and analysis of documentation and other related activities.
- Support the PU Business Control team in monthly closing and KPI/PI tracking
- Secure subscriptions from appropriates market analysis institutes
- Understand suppliers’ raw material cost structure, supply chains and process technology
- Provide historical raw material cost variance analysis to support contractual negotiations
Knowledge, Skills and Experience
- Bachelors in Mechanical Engineering/ Production Engineering with 4-6 years’ post qualification experience.
- Strong understanding of global economic industry trends.
- Proven ability to work independently with minimum oversight and has a track record of meeting deadlines. Flexibility to take on a wide variety of topics and tasks. A positive approach to problem solving. Strong MS office.
- Good practical knowledge of various manufacturing process and raw material conversion is essential.
- Commercial acumen for understanding the part cost breakdown and various components.
- Strong interpersonal skills with the ability to influence others, build relationships and manage conflicts, both internal and external; recognizes the importance of networking and a positive working relationship; willingness to learn and share knowledge; values the diversity of ideas.