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1 Armstrong Fluid Technology Cost Accountant Job

Cost Accountant

3-5 years

Bangalore / Bengaluru

1 vacancy

Cost Accountant

Armstrong Fluid Technology

posted 6mon ago

Job Role Insights

Flexible timing

Job Description

Imagine working at the forefront of innovation in fluid-flow technology, with over 1400 colleagues across the globe, and contributing to a legacy of excellence that spans eight manufacturing facilities on four continents. Armstrong Fluid Technology is more than just a leader in our industry; we are a community of the brightest and most creative minds, driven by a shared mission to engineer the future and safeguard our planet.
As a member of our team, youll dive into an environment that encourages learning and boundary-pushing every day. Youll be part of an agile and dynamic workplace where todays solutions are built for tomorrows challenges.
Key Accountabilities
[Financial Reporting]
  • Prepare various inventory reports for Balance Sheet reconciliations
  • Prepare operation executive summary package, i.e. margin, variance analysis, work with business partners to identify root cause and action plans
  • Prepare operation variance reports on bi-weekly basis
  • Participate in generating and validating Costing and Inventory related INFOR and PowerBi reports dashboard and KPIs for operation performance review
  • Participate in prepare annual budget and forecasts
[Month-end Activities]
  • Prepare inventory reconciliations and adjustment when needed
  • Prepare inventory provision, accrual, GIT journal entries in INFOR system at the month-end
  • Assist in the consolidation process to produce accurate and compliant financial statements for the entire corporation.
[Cost rolls]
  • Perform ad-hoc cost rolls with reasonability check
  • Participate in Quarterly cost rolls, work with business partner to validate the updates of cost
  • components in BOM and routings and their corresponding rates
  • Review standard costs and MAUC costs on regularly basis for reasonability, work with internal business partners for correct item master data, BOMs and routings
[Process Improvements]
  • Identify opportunities to improve efficiency and accuracy in intercompany accounting processes.
  • Implementing best practices and automated solutions to streamline intercompany transactions and reconciliations
[Work with Business Partners]
  • Work closely with IT team in troubleshooting INFOR system issues
  • Support PEG team in project revenue and COGS recognitions
  • Support other cost accountants in all aspects of costing and inventory matters
  • Maintain and develop strong working relationships with internal business partners for effective collaboration and achieving organizational goals
  • Provide support during external audits by preparing requested documentation and explanations related to intercompany transactions and reconciliations
What We re Looking For
To thrive in this role, you should bring:
  • University Degree or equivalent in accounting, finance, or a related field is typically required
  • Currently holding a CMA or other equivalent designation (CMA, CPA, etc.) is required
  • 3 - 5 years experience working with engineering, manufacturing and distribution operations in an industrial environment is required
  • Working knowledge of standard costing and production variances
  • Proficiency in Microsoft Excel and accounting software, INFOR as an asset
  • Strong analytical and data gathering skills
  • A self-starter attitude with the ability to work independently
  • Attention to detail, strong time management, organization skills and accuracy
  • An ability to communicate openly and authentically in all situations
  • Temporary hybrid working arrangement, subject to change. Three days per week at North America Eastern Time 6am 2:30pm, two days per week on site at regular local working hours

Employment Type: Full Time, Permanent

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What Cost Accountant at Armstrong Fluid Technology are saying

Cost Accountant salary at Armstrong Fluid Technology

reported by 2 employees with 10-11 years exp.
₹14.9 L/yr - ₹19 L/yr
134% more than the average Cost Accountant Salary in India
View more details

What Armstrong Fluid Technology employees are saying about work life

based on 43 employees
69%
93%
36%
100%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Armstrong Fluid Technology Benefits

Team Outings
Soft Skill Training
Health Insurance
Job Training
Cafeteria
Work From Home +6 more
View more benefits

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6mon ago·via naukri.com
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