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
YOUR RESPONSIBILITIES:
The specific responsibilities will fall into Finance primary areas:
KEYS TO SUCCESS: Coordination with plant operations, time and process compliance for Oracle activities/ Audit/RCM.
QUALIFICATIONS:
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.