Senior Controller Coordinator at Dow: A Comprehensive Overview

About Dow

At Dow, we believe in putting people first. We are passionate about delivering integrity, respect, and safety to our customers, our employees, and the planet. Our people are at the heart of our solutions, reflecting the communities we live in and the world where we do business. We are a diverse community of relentless problem solvers who have the daily opportunity to contribute with your perspective, transform industries, and shape the future. Our purpose is simple: to deliver a sustainable future for the world through science and collaboration. If you’re looking for a challenge and a meaningful role, you’re in the right place.

Role Overview: Senior Controller Coordinator

As a Senior Controller Coordinator at Dow in Navi Mumbai, you will be responsible for providing consistent, superior cost accounting support services and reporting to stakeholders. Your core responsibilities encompass product cost estimation (PCE) reporting and analysis, product costing, comprehensive reporting, in-depth analysis, and meticulous inventory reconciliation. This role demands a strong understanding of cost accounting principles, proficiency in SAP and Excel, and the ability to work both independently and collaboratively within a team.

A Day in the Life

Your daily tasks as a Senior Controller Coordinator may include:

• Month-End Closing: Generating and reviewing reports for cost accountants using Diamond Systems Reporting, SAP, MS Access, and MS Excel. This involves ensuring data accuracy and identifying any discrepancies that need to be addressed.
• Product Cost Estimates (PCE): Preparing PCE reports, investigating variances on a monthly and quarterly basis, and resolving any issues that arise. This requires a thorough understanding of cost drivers and the ability to analyze complex data sets.
• Global Material IDs (GMID): Creating and maintaining accounting segments for GMIDs based on requests received through CMT/PMR tools or the functional mailbox. Accuracy and attention to detail are crucial in this task.
• Stock Take Observations: Coordinating and reconciling inventory counts using the paper reconciliation process. This involves working closely with the inventory team to ensure accurate records.
• Project Participation: Representing the CAEC team on new projects, work process changes, work process improvements, and Robotics Process Automation initiatives. Collaboration with other Finance and Cost Accounting teams is essential.
• Documentation and Process Improvement: Creating and maintaining thorough documentation for CAEC work processes and implementing work process improvements or automations as needed. This contributes to increased efficiency and accuracy.

Why Navi Mumbai?

Navi Mumbai is a planned city located on the west coast of Maharashtra, India. As a rapidly developing urban center, Navi Mumbai offers a unique blend of modern infrastructure, economic opportunities, and a high quality of life. The city is well-connected to Mumbai and other major metropolitan areas, making it an attractive location for professionals. Dow's presence in Navi Mumbai provides a dynamic and innovative work environment, fostering growth and development for its employees.

Career Path

The Senior Controller Coordinator role can serve as a springboard for further career advancement within Dow. Depending on your skills, interests, and performance, you may have opportunities to move into roles such as:

• Cost Accounting Manager: Overseeing a team of cost accountants and managing all aspects of cost accounting for a specific business unit.
• Finance Manager: Taking on broader financial responsibilities, including budgeting, forecasting, and financial analysis.
• Project Manager: Leading cross-functional projects related to process improvement, system implementation, or new product launches.
• Senior Financial Analyst: Focusing on in-depth financial analysis, providing insights and recommendations to senior management.

Salary and Benefits

Dow offers a comprehensive compensation and benefits package that is designed to attract and retain top talent. The salary for the Senior Controller Coordinator role is competitive and commensurate with experience. The estimated salary range for this role in Navi Mumbai is between INR 900,000 to INR 1,800,000 annually.

In addition to base pay, Dow provides a range of benefits, including:

• Health Insurance: Comprehensive medical, dental, and vision coverage for employees and their families.
• Retirement Savings Plan: A 401(k) plan with company matching contributions to help employees save for retirement.
• Paid Time Off: Generous vacation, sick leave, and holiday pay.
• Employee Assistance Program: Confidential counseling and support services for employees and their families.
• Life Insurance: Basic and supplemental life insurance coverage.
• Disability Insurance: Short-term and long-term disability coverage.
• Professional Development: Opportunities for training, education, and professional certification.
• Flexible Work Arrangements: Depending on the role, employees may have the opportunity to work remotely or have flexible work hours.

Dow Culture

Dow is committed to creating a diverse and inclusive work environment where all employees feel valued and respected. The company fosters a culture of innovation, collaboration, and continuous improvement. Dow emphasizes safety, ethics, and social responsibility in all its operations.

How to Apply

If you are interested in applying for the Senior Controller Coordinator position, please submit your resume and cover letter through the Dow Careers website. Be sure to highlight your relevant skills and experience, as well as your interest in working for Dow.

Frequently Asked Questions (FAQ)

1. What are the key responsibilities of a Senior Controller Coordinator?

   The key responsibilities include generating and reviewing reports, preparing PCE reports, maintaining GMIDs, coordinating inventory counts, and representing the CAEC team on projects.

2. What qualifications are required for this role?

   Qualifications include a CMA/CA certification with relevant experience, strong skills in SAP and Excel, and the ability to work independently and collaboratively.

3. What is the typical career path for a Senior Controller Coordinator at Dow?

   The role can lead to positions such as Cost Accounting Manager, Finance Manager, Project Manager, or Senior Financial Analyst.

4. What is the salary range for this position in Navi Mumbai?

   The estimated salary range is between INR 900,000 to INR 1,800,000 annually.

5. What benefits does Dow offer its employees?

   Dow offers a comprehensive benefits package, including health insurance, retirement savings plan, paid time off, and employee assistance programs.

6. What is the work culture like at Dow?

   Dow fosters a culture of diversity, inclusion, innovation, collaboration, and continuous improvement.

7. Is relocation assistance provided for this position?

   The job description states that relocation assistance is not available for this position.

8. What is the importance of English proficiency in this role?

   Fluency in English (written and verbal) is essential for effective communication and collaboration within the global organization.

9. What are the key skills needed to succeed in this role?

   Key skills include cost accounting expertise, analytical skills, problem-solving abilities, and the ability to handle multiple priorities.

10. What kind of international timezone alignment should the candidate expect?

    The role requires the ability to accommodate a flexible schedule aligned with international time zones.