08 Nov
|
Emerson
|
Talegaon Dabhade
08 Nov
Emerson
Talegaon Dabhade
Job Summary
If you are a Cost Accountant professional looking for an opportunity to grow your career, Emerson has an exciting prospect for you. Based at our Isolation Valves Division plant in Talegaon, Pune, this role is responsible for leading plant costing and financial controls to support operational excellence and business performance. You will play a key role in product costing, inventory accounting, profitability analysis, budgeting, reporting, and continuous improvement initiatives while partnering with cross-functional teams to drive informed business decisions and sustainable growth.
In This Role, Your Responsibilities Will Be:
- Lead standard and actual product costing for isolation valves, components, and assemblies.
- Manage annual cost roll-ups and periodic cost updates to ensure accurate product costing.
- Review and validate bills of material, routings, labor standards, machine rates, overhead absorption methodologies, and subcontracting costs.
- Maintain the accuracy and integrity of costing and financial master data prior to cost activation.
- Analyze material, labor, overhead, scrap, rework, yield, and production volume variances and provide actionable insights.
- Identify root causes of cost variances and collaborate with stakeholders to implement corrective actions.
- Monitor product, order, and customer profitability, including the analysis of abnormal or negative margins.
- Lead monthly plant costing close activities, including inventory accounting, accruals, allocations, reconciliations, and reporting.
- Ensure accurate valuation of raw materials, work-in-process, and finished goods inventory.
- Support inventory reviews, including slow-moving, excess, and obsolete stock analysis and provisioning.
- Strengthen inventory controls through cycle counts, physical inventory reviews, aging analysis, and stock adjustment monitoring.
- Prepare and communicate plant performance reports covering cost, productivity, inventory, working capital, absorption, and profitability metrics.
- Support budgeting, forecasting, and long-range planning activities related to material costs, labor, overhead, inventory, productivity, and capital investments.
- Partner with Operations,
Engineering, Procurement, Planning, Quality, and Commercial teams to identify and implement cost optimization and productivity improvement opportunities.
- Evaluate new product introductions, capital expenditure proposals, automation initiatives, and continuous improvement projects while tracking approved benefits.
- Support intercompany pricing and margin reviews in alignment with established policies and procedures.
- Maintain compliance with internal controls, accounting policies, cost records, and applicable statutory and regulatory requirements.
- Support internal, statutory, and cost audit activities.
- Drive automation, standardization, process efficiency, and data quality improvements across costing, reporting, and reconciliation processes.
Who You Are: You consistently deliver results, even in challenging situations, by balancing quality, accuracy, and business priorities. You build partnerships and work collaboratively with others to meet shared objectives and create positive outcomes. You communicate clearly and effectively across different audiences, ensuring complex information is understood and actionable.
You make sense of complex, high-volume information, apply sound judgment, and use data-driven insights to support decision-making and continuous improvement.
For This Role, You Will Need:
- CMA or Chartered Accountant (CA) qualification.
- Proven experience in manufacturing finance, cost accounting, inventory accounting, or plant finance.
- Strong knowledge of standard costing, actual costing, variance analysis, inventory valuation, budgeting, forecasting, and financial controls.
- Advanced proficiency in Microsoft Excel and financial analysis tools.
- Experience supporting monthly, quarterly, and annual financial close processes.
- Understanding of internal controls,
compliance requirements, and audit support activities.
- Strong analytical, problem-solving, and decision-making capabilities.
- Ability to build effective relationships and collaborate across multiple functions.
- Strong communication, organizational, and continuous improvement skills.
- Willingness to engage regularly with manufacturing operations and shop-floor teams to understand business drivers and support performance improvements.
Preferred Qualifications That Set You Apart:
- Experience in engineered products, industrial manufacturing, valve manufacturing, or a related industry.
- Knowledge of Oracle, BAAN, or similar enterprise resource planning (ERP) systems.
- Experience with Power BI or other business intelligence and data visualization platforms.
- Exposure to automation, process improvement, and digital finance initiatives.
- Experience supporting cost reduction, productivity, and operational excellence programs.
- Knowledge of statutory cost audit requirements and manufacturing compliance processes.
- Demonstrated ability to influence stakeholders and drive cross-functional initiatives.
Our Culture and 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 perspectivesbecause 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 mentorship, training, or leadership opportunities, we invest in your success so you can make a lasting impact. We believe diverse teams working together are key to driving growth and delivering business results.At Emerson, our values of innovation, integrity, collaboration, and inclusion guide everything we do. We welcome talented individuals from diverse backgrounds and experiences who are passionate about making a meaningful impact.
We are committed to providing equal opportunities and creating an environment where everyone can contribute, grow, and succeed.
📌 Assistant Manager - Costing (Talegaon Dabhade)
🏢 Emerson
📍 Talegaon Dabhade