Executive / Assistant Manager- Costing

Job Title: Executive / Assistant Manager - Costing

Location: [Mumbai ] Maybe required to visit plants as per requirements.

Position Overview: We are seeking a qualified Cost Accountant with a minimum of 2 years of experience and a deep understanding of SAP to oversee and manage cost accounting functions. The ideal candidate will possess a strong analytical mindset, excellent organizational skills, and the ability to work collaboratively within a fast-paced environment.

Key Responsibilities:

• Cost Analysis: Perform detailed cost analysis to determine cost variances and trends. Monitor and report on cost-related metrics and KPIs.
• Cost Audit :- Prepare detailed cost statements as required by Cost Accounting Record Rules & assist in carrying out Statutory Cost Audit process, with an eye on completing the due process as per statutory timelines.
• Budgeting & Forecasting: Assist in the preparation of budgets and forecasts, providing accurate and timely financial projections to support decision-making.
• Cost Tracking: Track and allocate costs for projects, departments, and products. Ensure accurate recording and reporting of costs in accordance with company policies and procedures.
• SAP Core Team Member : Utilize SAP to manage and analyze cost data. Generate and review cost reports and ensure data accuracy within the SAP system. Also, take part in development of CO module in S4 HANA & contribute effectively to HANA implementation project.
• Internal Controls: Develop and implement cost control procedures to improve efficiency and reduce waste. Conduct periodic audits to ensure compliance with internal controls.
• Financial Reporting: Prepare cost reports and financial statements, providing insights and recommendations to management. Assist in the month-end and year-end closing processes.
• Process Improvement: Identify opportunities for process improvements in cost accounting procedures and implement best practices.
• Collaboration: Work closely with other departments, such as production, procurement, and finance, to support cost management and operational efficiency.

Qualifications:

• Education: Bachelor's / Master's degree in Accounting, Finance, or a related field, and Associate / Fellow membership of ICMA or equivalent.
• Experience: Minimum of 2 years of experience in cost accounting or a related role.
• Technical Skills: Proficiency in SAP is required. Strong Excel skills and familiarity with other accounting software are preferred.
• Analytical Skills: Excellent analytical and problem-solving skills with the ability to interpret complex financial data.
• Attention to Detail: High level of accuracy and attention to detail in all aspects of cost accounting.
• Communication Skills: Strong written and verbal communication skills. Ability to present financial information clearly and effectively.
• Team Player: Ability to work collaboratively in a team environment and support cross-functional projects.