Costing Executive - Vadodara, India - Aarti Industries
Description
Department- Costing Team
- Job posted on
- Apr 17, 202
- Employment type
- Full Time
Purpose Statement
The role will be responsible to perform costing run, accountable for higher level cost accounting activities like COPA assessment, inventory valuation and reconciliations.
Key Role & Responsibilities
- Perform monthly costing run and support the onsite costing counterpart in error resolution
- Perform COPA assessment cycles
- Identify dead stock and inventory eligible for write off as per company policy
- Provide assistance in the BOM explosion process
- Perform variance analysis and cost allocations
- Perform any ad hoc costing analysis to support the on site counterpart
- Work within SAP to reconcile production, usage, receipts and shipments
- Regular inventory true up and reconciliations to GL
- Perform periodic reporting to support accuracy in financial reporting
- Period inventory reconciliations and annual physical inventory observations
- Provide adequate support to the audit team, whenever needed
- Prepare ESG cost (related to the products) data
Competencies
a) Behavioural
- Proven team & stakeholder management and leadership skills
- Excellent communication skills written and verbal
- Comfortable working in a highpressure environment and managing competing deadlines
- Demonstrate Aarti Values: Care, Integrity & Excellence
b Functional
- Clear understanding of financial accounting and compliance
- In depth knowledge of product costing, inventory valuation, cost allocations
- Independent handling of cost audits
- Proficient in SAP / MS Excel / Analytics tool / BI Visualization tool
- Exposure to the concepts of carbon accounting and ESG costing
Qualifications
Qualified Accountant (CA) / Qualified Cost Accountant (CWA) / Master's degree in Finance, Accounting or a related field
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