20 Aug
|
Important Business
|
India
20 Aug
Important Business
India
Duties & Responsibilities:
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1. Costing
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- Product Costing & Analysis
- Prepare and maintain Annual Standard Costing and Current Costing models.
- Analyze product costs and identify key cost drivers.
- Conduct detailed cost variance analysis, including:
1.
1. Material Price Variance
2. Freight Variance
3. Duty Variance
- Perform profitability and margin analysis across various business units and product lines.
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2. Management Information System (MIS)
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- Prepare Monthly and Quarterly MIS reports for management review
- Analyze and report:
1.
1. Earned Hours Performance
2. Peer Benchmarking
3. Transporter Share of Business
- Monitor and analyze inventory-related metrics including:
1.
1. Inventory Ageing
2. Slow-moving and Non-moving Inventory
3. Inventory Quality Reports
- Support management with actionable insights through data analysis and reporting.
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3. Strategic Cost Analysis
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- Conduct "Make in India" product cost analysis
- Evaluate local content percentage within product cost structures.
- Analyze pricing and profitability of Contract Manufacturing operations.
- Support business decision-making through cost optimization initiatives.
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4. Finance & Accounts
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- Financial Reporting & Compliance
- Assist in preparation and finalization of financial statements in compliance with Indian Accounting Standards (Ind AS).
- Coordinate with statutory auditors and support annual audit activities.
- Ensure timely closure of audit observations and implementation of corrective actions.
- Support compliance with statutory and corporate accounting requirements
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5. Inventory Accounting & Cost Control
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- Manage inventory valuation processes
- Analyze Cost of Goods Sold (COGS) and product margins.
- Perform reconciliation and validation of inventory-related accounting records.
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6. Internal Controls & Governance
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- Ensure compliance with SOX controls and US GAAP requirements
- Support implementation and monitoring of internal control frameworks.
- Participate in process improvement initiatives to strengthen financial governance.
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7. Month-End Closing
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- Execute month-end closing activities within defined timelines
- Ensure accuracy and completeness of financial records and reporting.
- Coordinate with cross-functional teams for smooth closing processes.
Relevant Education & Experience:
- CA / CMA (CWA) qualified
- Minimum 2 years of relevant experience in Accounting, Costing, MIS, and Finance within a manufacturing industry.
Required Competencies & Skills
- Costing, Budgeting, and Financial Analysis
- Management Reporting (MIS)
- Inventory Accounting & Cost Control
- Ind AS, SOX and US GAAP Compliance
- Hands on experience in SAP ERP (FI, MM & CO Modules)
- Advanced proficiency in Microsoft Excel and PowerPoint
- Strong analytical, communication, and problem-solving skills
You will Excite us if you have
- Strong analytical and problem-solving abilities.
- Ability to define problems, collect relevant data, and derive meaningful conclusions.
- Fluent written and verbal communication skills.
- Robust interpersonal and stakeholder management capabilities.
- Proactive, self-driven, and result-oriented approach.
- Team player with a strong commitment to corporate policies and procedures.
- Ability to understand the broader business context while maintaining attention to detail.
📌 Accountant II, Finance & Accounts (India)
🏢 Important Business
📍 India