Designation: Management Accountant

Experience: 3 years and above

Location: Airoli, Navi Mumbai

Education: CMA (ICWA) or CA or ICWA Inter or CA Inter

Shift Timing:

- 6 am to 3 pm (Home pickup provided)
- 11:30 am to 8:30 pm (Home drop provided)
- Work Mode: Work from office
- Role: Individual contributor role

Candidates from Manufacturing Companies Only!!!

Job Profile:

- Conducting monthly cost runs for inventory valuation, overhead allocations, and activity rate working.
- Managing inventory valuation processes, ensuring accurate stock reporting, timely adjustments, and quarterly provisioning.
- Preparing annual cost sheets and working on CAS-4 Certificates for inter-unit pricing to determine product and service costs.
- Compiling various MIS reports for board meetings and management decision-making regarding project profitability and cost comparisons.
- Conducting monthly analysis of sales vs. consumption bookings, identifying trends, and suggesting improvements in inventory management and procurement.
- Supporting inventory control processes and assisting in audits related to cost and inventory reporting.
- Processing import bill passing for inventory valuation of imported products and maintaining PO conditions.
- Assisting in month-end and year-end closing activities, including GL reviews, preparation of provisions, and accrual entries.
- Handling asset accounting in SAP, including acquisition to retirement processes, depreciation accounting, and monitoring of Capex proposals and CWIP.
- Assisting in audit schedules for statutory, tax, and transfer pricing audits.

Key Responsibilities:

- MIS Reporting
- Prepare plant-level MIS reports with a focus on cost and profitability assessments.
- Generate financial statements and quarterly reports for board-level review,



supporting legal entity reporting and reconciliations.
- Month-End Close & Reporting
- Update and review cost accruals to ensure accurate financial reporting.
- Accruals & Prepayments
- Manage provisions, prepaid expenses, and accrual accounting to ensure compliance with financial standards.
- Variance Analysis
- Conduct analysis of actual results vs. budget/prior year across production volumes, variable and fixed costs, product mix, and variances.
- Provide insights into site cost development with detailed variance analyses.
- Budgeting & Financial Planning
- Prepare short-term quarterly budgets for cost control and financial planning, supporting yearly budget preparation.
- Productivity Monitoring
- Analyze process orders and monitor plant productivity by comparing product composition with Bill of Materials (BOM).
- Product Costing
- Calculate and report standard variable costs for all SKUs, assess contribution mix for capacity utilization, and optimize profitability.
- BOM Management
- Advise on BOM changes by tracking actual vs. standard composition in collaboration with the laboratory team.
- WIP Material Valuation
- Review quarterly WIP (Work in Progress) material costs and update in ERP if variances arise.
- Accounting Oversight
- Ensure accurate financial transactions for the plant's profit center and post intercompany debit notes.
- Cost Center Accounting




- Manage cost center accounting, perform GL reconciliations, and post rectification entries for accurate financial reporting.
- Asset Accounting
- Handle Internal Order (IO) creation, CWIP management, and asset creation in SAP while ensuring compliance with internal policies.
- Capex Monitoring
- Track budget vs. actual Capex bookings, report budget overruns, update forecasts, and calculate payback periods for capacity improvement projects.
- Inventory Management
- Monitor high-value inventory consumption against procurement to identify and address anomalies.
- Conduct inventory audits to reconcile physical stock with financial records.
- Cost Savings & Impact Analysis
- Prepare cost-saving reports, analyze the financial impact of technical projects, and identify cost optimization opportunities.
- Production Data Validation
- Monitor weekly production entries, align financial and production data, and validate data for HFM and intercompany transactions.
- Profitability & KPI Analysis
- Conduct product-wise profitability analysis, ratio analysis, and KPI assessments to support decision-making and improve capacity utilization.
- ESG Reporting
- Support ESG reporting at the divisional level by verifying data from multiple plants and contributing to fixed cost reduction initiatives.
- Employee Claims & Cost Recovery
- Process employee claims through SAP Concur and manage cost recovery/cross-charge entries for accurate financial records.
- Savings Analysis
- Develop reports comparing budgeted costs with actual savings from consultant recommendations, focusing on cost optimization.

Interested candidates can apply or share their CVs at [HIDDEN TEXT] or WhatsApp/Call at (phone hidden)

📌 Management Accountant (Mumbai)
🏢 Accord Synergy
📍 Mumbai