Deputy Manager, Costing

IMI


Job Location:

Noida - India

Monthly Salary: Not Disclosed
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

Key Responsibilities

  • Plan study and collect cost data related to raw materials inventory and labor at SKU level
  • Analyze collected data and record findings
  • Assess the cost impact of changes in product design raw materials manufacturing methods or services and determine product-level margins
  • Analyze actual manufacturing costs and prepare standard versus actual cost reports
  • Record and maintain cost information to support expenditure control
  • Conduct cost audits and prepare related reports
  • Develop cost estimates for new and proposed products
  • Provide management with profitability and pricing analysis reports
  • Maintain and enhance the Cost Accounting System
  • Support month-end General Ledger closing activities
  • Conduct physical inventory counts and monitor cycle count programs
  • Reconcile finished goods inventory balances
  • Perform valuation of Work-in-Progress (WIP) and Finished Goods (FG) inventories
  • Reconcile Cost of Goods Sold (COGS) for reporting internal audits and external audits while identifying process improvement opportunities
  • Manage fixed asset accounting in compliance with IGAAP requirements
  • Support other finance functions as required
  • Reconcile CAPEX spending against budgets and forecasts and track payback periods and margin improvements for NPD and VAVE projects

Requirements

- Relevant experience in Cost Accounting within a manufacturing environment
- Bachelors Degree in Accounting Finance or CWA qualification
- Strong background in cost systems and excellent analytical skills
- Sound understanding of accounting principles
- Advanced Excel skills and proficiency in Outlook and Word
- Experience partnering with engineering and manufacturing teams on cost standard development and analysis
- Ability to prepare accurate daily weekly monthly quarterly and annual reports
- Strong communication and stakeholder management skills for cross-functional collaboration and follow-up activities

Required Experience:

Manager

Key ResponsibilitiesPlan study and collect cost data related to raw materials inventory and labor at SKU levelAnalyze collected data and record findingsAssess the cost impact of changes in product design raw materials manufacturing methods or services and determine product-level marginsAnalyze actua...