Product Cost Controller (12 months fixed-term contract)

For our Ferrero HQs in Luxembourg, we are looking for an Industrial Product Cost Controller for 12 months fixed-term contract with analytical capabilities and business partnering mindset, with understanding of Product Cost governance and execution, Standard Cost processes and costing methodologies, who will join our dynamic central Finance team and your responsibilities will include various key areas.
Within the HQ Finance department, you will be responsible for central controlling activities concerning the Product Cost of the business. You will deal with multiple stakeholders at an international level, partnering with all related Group and Area functions.  

Thanks to your analytical skills and ability to collaborate across Finance and Operations, you will contribute to the Group’s Product Cost Planning scenarios, including Guidelines, Budget and Forecast, while supporting Product Cost activities and the application of Group Product Cost methodologies, as well as support their translation into Standard Cost. You will monitor product costs across Ferrero Brands, analyse variances and prepare regular management reporting.

You will also support manufacturing cost competitiveness and contribute to the consistent application of Product Cost standards and costing methodologies across the Group by analysing cost and operational KPIs, maintaining cost models, monitoring trends and identifying opportunities for improvement.

You will contribute to standards and knowledge management by maintaining the central Product Costing knowledge repository, updating process documentation and the Product Cost Wiki, and supporting best practice sharing across manufacturing sites. Thanks to your ability to work cross-functionally, you will collaborate with Controlling, Operations Planning, Group Managerial Reporting and Planning, Operations Scenarios, Customs and Insurance teams.

You will also support key projects within the department, including the implementation of SAP S/4HANA, Value Chain Optimization initiatives, the new budget process and Plant Budgeting tool, the integration of PFA with Industrial Controlling, and the integration of newly acquired plants into the Ferrero Group model. You will also contribute to defining and reviewing Group methodologies for Product Costing.

Thanks to your degree in Finance, Economics or a related field and your 1–2 years of experience in Controlling, you will bring a solid understanding of industrial controlling and cost management activities. Experience in Industrial or Product Cost Controlling. Basic understanding of Product Cost methodologies, Standard Cost processes and costing governance principles would be considered as an advantage, as well as knowledge of production controlling, including cost calculation, budgeting, planning and reporting, will be an advantage. 

You will use your knowledge of SAP, particularly FI and CO, as well as business intelligence tools, to support your activities. Good knowledge of MS Office, especially Excel and PowerPoint, is expected, experience with Oracle BI applications will be an advantage. A strong digital mindset and a genuine interest in leveraging AI and automation tools to improve finance, controlling and reporting processes are highly desirable. Fluency in English is required, and knowledge of additional languages is welcome.

You will work in an international team where analytical and problem-solving skills, a proactive and flexible approach, a results-oriented mindset and good interpersonal skills will support your collaboration with different stakeholders.

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Ferrero began its journey in the small town of Alba in Piedmont, Italy, in 1946. Today, it is one of the world’s largest sweet-packaged food companies, with many iconic brands sold in countries all over the world. Find out more about Ferrero at ferrero.com.

Ferrero is committed to building a diverse and inclusive culture in which all employees feel welcomed and appreciated and have the same opportunities. We believe all our people are equally talented in their own way. In nurturing the curiosity and natural abilities of our employees, we provide them, generation after generation, the means to succeed personally and professionally, enabling them to craft their journey at Ferrero. The diversity of our talents is what makes our work environment multicultural, innovative, and highly rewarding.
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