JOB DESCRIPTION FOR EXECUTIVE COSTING

ABOUT HAVMOR

LOTTE Group has its 60 Years of Global Presence and ranks amongst Top 5
Conglomerates in South Korea. They have their presence in major countries like
Korea, Japan, US, UK, Russia, India, China, Poland, Philippines, and Malaysia. LOTTE
Group has 60+ Business Units which comprises of 60,000+ Employees across. LOTTE
is known to be the largest confectionary manufacturer of South Korea.

Havmor is the 2nd Investment in India after Parry’s Confectionary which LOTTE
Group has acquired. Havmor is a reputed food company headquartered in
Ahmedabad. The vision of the company is to be amongst the top three ice cream
brands in India.

LOTTE Havmor is committed to offer the finest quality products to its customers at
the best value for money, driven by the motto of GOODNESS, TRUTHFULNESS &
CLEANLINESS.

In the last six decades, LOTTE Havmor has grown into a delicious facet of daily life
of a large part of Western India and is growing exponentially across geographies. It
is available through 80,000 + outlets across major parts of India covering 90% of
geography & population across lengths & breadth of India. Havmor has more than
200 products, possibly the most extensive range in India. The Company has 2,50,000
liters per day, ISO 22000:2005 and HACCP certified state -of-the-art manufacturing
facilities.

1. POSITION DESCRIPTION

Role / Position Title Executive Band E

SBU HIPL Reporting Manager Head – Finance & Accounts
Country India Location Ahmedabad

2. OVERALL JOB RESPONSIBILITIES

Job Description:
Seeking a highly organized and detail-oriented individual to join our team as an Executive
(Costing) in the Finance Department. The candidate will be responsible for a range of activities,
including but not limited to master data maintenance, verification related to materials,
vendors, customers, and pricing. The ideal candidate must possess a strong understanding of
Material Management (MM) and demonstrate the ability to carry out tasks efficiently and
accurately.

Key Responsibilities:

1) Master Data Management:

• Enter and verify data related to materials, ensuring accuracy and preventing
duplication.
• Create and update HSN Codes in the master database.
• Extend material on all CFA, Parlour & CMU Plant for FG SKUs.
• Extend material on all CFA, Parlour & DF Plants for Trading Goods, RM, PM etc.
• Extend Sales and Purchasing views for materials.
• Maintain, update, and verify Material Requirement Planning (MRP) data.
• Update master data as required, including QC data, purchase text, net weight,
and gross weight.
2) Production and Costing:
• Review the production of Finished Goods (FG) SKUs in the last year and mark as
"Do not Cost" & "Block" in the system for transactions after confirmation.
3) Vendor Management:
• Create all types of vendors (RM, PM, Service, Spares, DF, Capex, Plant, CFA etc)
after verifying relevant documents.
• Create customer as a vendor with reference to customer code.
• Create employee as a vendor.
• Create bank data for vendors.
• Extend vendors in specific locations.
• Verify and update bank details.
• Check MSME status and update accordingly.
• Update TDS keys and transactions for material supplier codes.
• Review vendor transactions of the last year and block in the system with
approval.
4) Pricing and Sales:
• Calculate and communicate the selling rate of FG SKUs to Marketing & MIS
Teams for all new SKUs.
• Activate pricing for various condition types.
• Review all scheme SKU stocks and close pricing for the scheme.
• Monitor FG stock in SAP & DMS, initiate actions/ raise red flag, if stock is not
available on both platforms.
• Maintain material in DMS Menu page to make SKUs visible to distributors.
• Conduct pricing revision activities for different channels (GT, MT, Q-Com,
Parlours etc.)
• Generate and analyse reports, including Aging Report, FG STD vs ACT Reports,
and Pricing Reports.
 5) Other Responsibilities:
• Verify daily invoices using an automated system.
• Perform MIGO entries for material scraping.
• Test new projects in the Quality server related to SAP development.
• Submit data to auditors as per requirements for MM & FI phases.

3. KNOWLEDGE, SKILLS, AND ABILITIES

• B. Com / M. Com with minimum 2-3 years of relevant
Education/Experience experience.
• A bachelor’s degree in business or supply chain management
(degree / diploma)
will be an added advantage.

Knowledge and Skills

• Strong understanding of MM Module with proficiency in SAP
(Functional /
and other relevant software.
Technical)

Leadership / • Excellent attention to detail and organizational skills.

• Strong communication and interpersonal skills.
Managerial
• Ability to work independently and collaborate with cross-
Attributes
functional teams.