Senor Manager - Cost Accounting
- Employer
- Confidential
- Location
- Pune
- Posted
- Jul 12, 2024
- Closes
- Aug 20, 2024
- Ref
- 4774633007
- Level
- Manager
- Certification
- CMA: Preferred
- Work Mode
- Hybrid
- Hours
- Full Time
- Organization Type
- Corporate
Cost Accounting
• Ensures calculation and review of relevant accruals and reserves, such as obsolete and slow-moving
inventory, freight, and other related accruals.
• Perform period end close - absorption accounting, PPV capitalization, variance analysis.
• Manage the month-end close process, ensuring all account reconciliations are performed.
• Maintain / set up annual standard costing systems for plant locations.
• Analyze actual costs versus standard costs, identify variances, and provide explanations and
recommendations to management.
• Collaborate with finance teams at each plant location to ensure consistent costing practices and policies.
• Support internal and external audits and compliance to accounting standards.
• Prepare and present consolidated financial reports, including cost analysis and inventory valuation.
Process Improvement
• Identify areas for process improvement in a shared services environment and develop and implement
solutions.
• Collaborate with cross-functional teams to streamline processes and enhance efficiency.
• Stay updated on industry best practices and technological advancements in cost accounting within a
shared services model.
Qualifications
• Fully qualified Cost Accountant, CMA or MBA (Finance) with 5 - 10 years of relevant experience in
accounting for manufacturing locations.
• Proven experience as plant accountant, cost accounting and inventory management, preferably within a
shared services or multi-plant environment.
• Flexible to work in regional shifts i.e. Americas & EMEA Shift.
• Strong knowledge of cost accounting principles, inventory valuation methods, and financial analysis.
• Experience working with ERP systems and advanced MS Excel skills for data analysis and reporting.
• Excellent analytical skills with attention to detail and accuracy.
• Strong communication and interpersonal skills to collaborate with cross-functional teams and present
complex information in a clear and concise manner.
• Ability to multitask, prioritize, and meet deadlines in a fast-paced shared services environment.
Skills: Ms Excel, Inventory Management, Financial Analysis, Cost Accounting
Experience: 5.00-10.00 Years
• Ensures calculation and review of relevant accruals and reserves, such as obsolete and slow-moving
inventory, freight, and other related accruals.
• Perform period end close - absorption accounting, PPV capitalization, variance analysis.
• Manage the month-end close process, ensuring all account reconciliations are performed.
• Maintain / set up annual standard costing systems for plant locations.
• Analyze actual costs versus standard costs, identify variances, and provide explanations and
recommendations to management.
• Collaborate with finance teams at each plant location to ensure consistent costing practices and policies.
• Support internal and external audits and compliance to accounting standards.
• Prepare and present consolidated financial reports, including cost analysis and inventory valuation.
Process Improvement
• Identify areas for process improvement in a shared services environment and develop and implement
solutions.
• Collaborate with cross-functional teams to streamline processes and enhance efficiency.
• Stay updated on industry best practices and technological advancements in cost accounting within a
shared services model.
Qualifications
• Fully qualified Cost Accountant, CMA or MBA (Finance) with 5 - 10 years of relevant experience in
accounting for manufacturing locations.
• Proven experience as plant accountant, cost accounting and inventory management, preferably within a
shared services or multi-plant environment.
• Flexible to work in regional shifts i.e. Americas & EMEA Shift.
• Strong knowledge of cost accounting principles, inventory valuation methods, and financial analysis.
• Experience working with ERP systems and advanced MS Excel skills for data analysis and reporting.
• Excellent analytical skills with attention to detail and accuracy.
• Strong communication and interpersonal skills to collaborate with cross-functional teams and present
complex information in a clear and concise manner.
• Ability to multitask, prioritize, and meet deadlines in a fast-paced shared services environment.
Skills: Ms Excel, Inventory Management, Financial Analysis, Cost Accounting
Experience: 5.00-10.00 Years