A Garment Export Company is Hiring Cost Accountant At Manesar, Gurgaon (CTC – 35K to 40K P.M)

Job Description

Role Summary:

• The Cost Accountant will be the primary owner of inventory and cost accounting for  plant, supporting related cross-functional groups in Operations by reviewing / establishing costing process and procedures.
• The Accountant acts as integral part of Finance and Accounting Team in performing cost accounting responsibilities by providing insight, consultation and governance over the cost accounting model to Finance and Operations of  Plant.
• This position is responsible for analyzing and monitoring / tracking the cost of product from bidding stage till Sales recognized and reporting of the reasons for variance in margins in advance to the management.
• This Position is responsible for analyzing low margin products and report the reasons for low margins. Suggest better alternative for improving the margins by thoroughly understanding the cost structure of the various components in the product.
• This Position is responsible for analyzing the BOM with required inventories and suggest usage of available inventories with some modifications by thoroughly understanding the various component requirement for the products we assemble.

Responsibilities & Requirements:

• Preparation of cost sheet and product wise profitability statement
• Analyze cost of product at various levels from bidding stage till sales is recognized and regular update to the management on the variances in margins on a timely manner
• Explore and analyze root causes for low margin products and propose process changes to improve margins
• Review the existing costing process and procedures, suggest for any changes. Establish new process in line with cost accounting rules and internal policy.
• Review of information provided by operations to be used as a base on Costs and Margins for Percentage-of-Completion and Point-in-Time projects
• Work cross-functionally with Supply Chain, Manufacturing, Planning, Project Management, and Engineering to complete all job responsibilities on a timely basis
• Continuous review and analysis of hourly rates, overheads, absorption levels and report the reasons, suggest improvements to reduce the variances.
• Analysis, comparison and reporting of material consumption and production hours against plan/forecast at overall products
• Contribute to process improvements regarding all aspects of production cost accounting and related reporting
• Ensure Low Cost Margin, Excess and Obsolete, Capitalization of Manufacturing Variances policies are met and their accruals are accounted properly and timely.
• Perform SOX controls assigned to area of responsibility
• Maintenance of Cost Records as per CAS & timely completion of Cost Audit

Skills:

• Analytical mindset, high affinity for numbers and willingness to work in detail with ability to work independently and solve complex costing issues
• Knowledge in Oracle is added advantage to the profile
• Sound Knowledge of MS office especially MS Excel & MS Power Point
• Good command on written, spoken English and presentation Skills

Date Posted:21-Feb-2022
Posted By: Abhinash kumar jha
Views 294

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