Cost Accountant

Employer
Gates Corporation
Location
Chennai
Posted
Nov 11, 2024
Closes
Dec 01, 2024
Ref
4854292187
Level
Staff
Certification
Other
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
POSITION SUMMARY:

Part of Plant Operations Finance team responsible for day-to-day activities of Fixed Assets accounting and product cost accounting, Operations variance analysis, Inventory and Audit/Compliances.

THE ROLE
  • Plant FA & Cost Accounting


YOUR RESPONSIBILITIES:

The specific responsibilities will fall into Finance primary areas:
  • Accounting all Fixed assets related transactions starting from CWIP recording to asset capitalization.
  • Tracking capex PR to avoid overspending for each approved project.
  • Annual fixed assets physical verification including Tools with vendors.
  • FA audit coordination with Statutory as well as Internal Auditors.
  • Weekly tracking of capex projects against month forecast
  • Coordinate with Project Managers for capex budget/ monthly forecast/ timely capitalization.
  • Support Costing manager in day to day new product Cost working as per defined Annual Product Costing guidelines and ensure product cost update in Oracle after due approval.
  • Inventory valuation, physical verification, working out E&O and NRV reserves required as per guidelines.
  • Support Operations Finance Controller with cost working and month variance analysis.
  • Tracking actual flex performance against set budget/forecast and supporting Operations team with detailed variance analysis with opportunities.
  • Inventory schedules working for Statutory/Cost/Internal Audit and SOX compliance audit.
  • Plant MIS
  • Ensure policies and procedures compliance for all cost accounting activities.


KEYS TO SUCCESS: Coordination with plant operations, time and process compliance for Oracle activities/ Audit/RCM.

QUALIFICATIONS:
  • CA/CWA with 1 to 3 years post qualification experience.