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Premium Employer

Johnson Controls

Compare

3.6

based on 2.8k Reviews

152 Johnson Controls Jobs

Director - Cost & Inventory

Johnson Controls

3.6

based on 2.8k Reviews

12-15 years

Pune

1 vacancy

Director - Cost & Inventory

Johnson Controls

posted 13hr ago

Job Role Insights

Flexible timing

Key skills for the job

Data Analysis Costing Financial Analysis CMA ERP Systems Freight Forwarding

+ 2 more

Job Description

Who we are

Career The Power Behind Your Mission
OpenBlue This is How a Space Comes Alive

Role Director, Cost and Inventory
Position Overview
As a Director, Cost and Inventory in a shared services environment, you will be responsible for overseeing and managing accounting aspects of costing and inventory for multiple plant locations.

Responsibilities
Cost Accounting

Ensures calculation and review of relevant accruals and reserves, such as obsolete and slow-moving inventory, freight and other related accruals.
Perform period end close - absorption accounting, PPV capitalization, variance analysis.
Maintain / set up annual standard costing systems for plant locations.
Analyze actual costs versus standard costs, identify variances, and provide explanations and recommendations to management.
Collaborate with finance teams at each plant location to ensure consistent costing practices and policies.
Manage the month-end close process, ensuring all account reconciliations are performed.
Support internal and external audits and compliance to accounting standards.
Prepare and present consolidated financial reports, including cost analysis and inventory valuation.

Process Improvement

Identify areas for process improvement in a shared services environment and develop and implement solutions.
Collaborate with cross-functional teams to streamline processes and enhance efficiency.
Stay updated on industry best practices and technological advancements in cost accounting within a shared services model.

Qualifications

Fully qualified Cost Accountant, CMA or MBA (Finance) with 12-15 years of relevant experience in accounting for manufacturing locations.
Proven experience as plant accountant, cost accounting and inventory management, preferably within a shared services or multi-plant environment.
Flexible to work in regional shifts during.
Strong knowledge of cost accounting principles, inventory valuation methods, and financial analysis.
Experience working with ERP systems and advanced MS Excel skills for data analysis and reporting.
Excellent analytical skills with attention to detail and accuracy.
Strong communication and interpersonal skills to collaborate with cross-functional teams and present complex information in a clear and concise manner.
Ability to multitask, prioritize, and meet deadlines in a fast-paced shared services environment