Description
This role provides critical financial support to SIBG COGS management and plays an important part in ensuring cost visibility, business decision support, and financial control across the ESC and business teams.
Key responsibilities include:
- Partnering with China BSC team and Plants on cost analysis, cost control, and performance tracking
- Analyzing and tracking ICO imported SFG/FG transfer costs and related margin change
- Working closely with the business finance team to assess the standard margin impact from selling price, product mix
- Analyzing and forecasting major COGS drivers to support SIBG weekly/monthly/yearly planning
- Providing financial support for major SIBG investment projects and cost mitigation projects in China
- Monitoring 3PM cost for SIBG
- Providing strong support to global SIBG ESC finance for performance tracking, forecasting, and annual budgeting
The role requires strong business understanding, financial analytical capability, cross-functional collaboration, and knowledge of 3M internal processes, especially navigating through China legacy system environment and linking cost information to global standard COGS reporting.