Cost Accounting Specialist - FLMC Germany

Job Summary

If you are a Finance professional, Emerson has an exciting role for you! We are looking for a Senior Cost Accountant to work with our FP&A; COE in Pune.

We value autonomy, self-reliance, fast movers, a passion for robust and ability to maintained quality of financial reporting.

In This Role, Your Responsibilities Will Be :

- Responsible for all cost accounting activities and intercompany transfer prices activities for valves manufacturing and distribution operation.
- ensure accurate product costing, inventory valuation, intercompany transfer price setting/updates and margin analysis for our Germany based legal entity with annualized sales ~$250M- Ownership of cost accounting processes, including standard cost setting and roll-forwards, work-in-progress (WIP), inventory valuation, consigned inventory, PPV / Variance analysis, etc Good command on departmental SGA, CGS Cost Centre Analysis & identify key drivers
- Maintain and enhance product costing models/methodologies in SAP (example: BOMs, routings, labor standards, overhead rates and allocations)
- Analyze manufacturing variances (material, labor, overhead, scrap) and operational costs, identify trends, risks and support opportunities for cost optimization
- Support costing for engineered-to-order and configure-to-order valves and systems
- Month-end close activities including inventory and WIP reconciliations, journal entries, provisions and management reporting
- Ensure compliance with policies and internal controls related to inventory, equipment capitalization, obsolescence, warranty, etc.
- Support budgeting and forecasting processes with detailed cost analysis
- Who You Are : You promote high visibility of shared contributions to goals.



You quickly and significantly take action in constantly evolving, unexpected situations. You actively seek input from pertinent sources to make timely and well-informed decisions. You handle the risk that comes with moving forward when the outcome is not certain.

For This Role, You Will Need :

- Cost Accounting Professional with minimum 10 years of work experience in manufacturing setup
- Strong hands-on experience with SAP (Financial Accounting and Controlling module - FICO)
- Proven experience working across multiple legal entities and intercompany structures
- Strong knowledge of standard costing, variance analysis, inventory accounting and cost controls
- Experience with transfer pricing processes
- Advanced Excel skills, experience in managing large dataset/reports and BI tools
- Strong analytical, problem solving and communication skills
- Ability to travel to factory in Germany
- Qualified Chartered Accountant, CMA
- Experience in global or multi-national organizations
- Experience with SAP implementations, upgrades or system integrations
- Cross-functional collaboration
- Ability to translate manufacturing and distribution data into financial insights
- High attention to detail with a continuous improvement mindset
- Ability to manage complexity and ambiguity
- Strong business partnership and communication skills
- Highly driven and motivated

Preferred Qualifications that Set You Apart : Our Offer to You : By joining Emerson,



you will be given the opportunity to make a difference through the work you do.

Emerson's compensation and benefits programs are designed to be competitive within the industry and local labor markets . We also offer a comprehensive medical and insurance coverage to meet the needs of our employees.

We are committed to creating a global workplace that supports diversity, equity and embraces inclusion . We welcome foreign nationals to join us through our Work Authorization Sponsorship .

We attract, develop, and retain exceptional people in an inclusive environment, where all employees can reach their greatest potential . We are dedicated to the ongoing development of our employees because we know that it is critical to our success as a global company.

We have established our Remote Work Policy for eligible roles to promote Work-Life Balance through a hybrid work set up where our team members can take advantage of working both from home and at the office.

Safety is paramount to us, and we are relentless in our pursuit to provide a Safe Working Environment across our global network and facilities.

Through our perks, development opportunities, and an inclusive and safe work environment, we aim to create an organization our people are proud to represent.

Our Culture & Commitment to You

- At Emerson, we prioritize a workplace where every employee is valued, respected, and empowered to grow. We foster an environment that encourages innovation, collaboration, and diverse perspectives—because we know that great ideas come from great teams. Our commitment to ongoing career development and growing an inclusive culture ensures you have the support to thrive. Whether through mentorshi

📌 Cost Accounting Specialist - Flmc (Pune)
🏢 Emerson
📍 Pune