Designation: Management Accountant

Experience: 3 years and above

Location: Airoli, Navi Mumbai

Education: CMA (ICWA) or CA or ICWA Inter or CA Inter

Shift Timing:

6 am to 3 pm (Home pickup provided)
11:30 am to 8:30 pm (Home drop provided)
Work Mode: Work from office
Role: Individual contributor role

Candidates from Manufacturing Companies Only!!!

Job Profile:

Conducting monthly cost runs for inventory valuation, overhead allocations, and activity rate working.
Managing inventory valuation processes, ensuring accurate stock reporting, timely adjustments, and quarterly provisioning.
Preparing annual cost sheets and working on CAS-4 Certificates for inter-unit pricing to determine product and service costs.
Compiling various MIS reports for board meetings and management decision-making regarding project profitability and cost comparisons.
Conducting monthly analysis of sales vs. consumption bookings, identifying trends, and suggesting improvements in inventory management and procurement.
Supporting inventory control processes and assisting in audits related to cost and inventory reporting.
Processing import bill passing for inventory valuation of imported products and maintaining PO conditions.
Assisting in month-end and year-end closing activities, including GL reviews, preparation of provisions, and accrual entries.
Handling asset accounting in SAP, including acquisition to retirement processes, depreciation accounting, and monitoring of Capex proposals and CWIP.
Assisting in audit schedules for statutory, tax, and transfer pricing audits.

Key Responsibilities:

MIS Reporting
Prepare plant-level MIS reports with a focus on cost and profitability assessments.
Generate financial statements and quarterly reports for board-level review, supporting legal entity reporting and reconciliations.
Month-End Close & Reporting
Update and review cost accruals to ensure accurate financial reporting.
Accruals & Prepayments
Manage provisions, prepaid expenses, and accrual accounting to ensure compliance with financial standards.
Variance Analysis
Conduct analysis of actual results vs. budget/prior year across production volumes, variable and fixed costs, product mix, and variances.
Provide insights into site cost development with detailed variance analyses.
Budgeting & Financial Planning
Prepare short-term quarterly budgets for cost control and financial planning, supporting yearly budget preparation.
Productivity Monitoring
Analyze process orders and monitor plant productivity by comparing product composition with Bill of Materials (BOM).
Product Costing
Calculate and report standard variable costs for all SKUs, assess contribution mix for capacity utilization, and optimize profitability.
BOM Management
Advise on BOM changes by tracking actual vs. standard composition in collaboration with the laboratory team.
WIP Material Valuation
Review quarterly WIP (Work in Progress) material costs and update in ERP if variances arise.
Accounting Oversight
Ensure accurate financial transactions for the plant's profit center and post intercompany debit notes.
Cost Center Accounting
Manage cost center accounting, perform GL reconciliations, and post rectification entries for accurate financial reporting.
Asset Accounting
Handle Internal Order (IO) creation, CWIP management, and asset creation in SAP while ensuring compliance with internal policies.
Capex Monitoring
Track budget vs. actual Capex bookings, report budget overruns, update forecasts, and calculate payback periods for capacity improvement projects.
Inventory Management
Monitor high-value inventory consumption against procurement to identify and address anomalies.
Conduct inventory audits to reconcile physical stock with financial records.
Cost Savings & Impact Analysis
Prepare cost-saving reports, analyze the financial impact of technical projects, and identify cost optimization opportunities.
Production Data Validation
Monitor weekly production entries, align financial and production data, and validate data for HFM and intercompany transactions.
Profitability & KPI Analysis
Conduct product-wise profitability analysis, ratio analysis, and KPI assessments to support decision-making and improve capacity utilization.
ESG Reporting
Support ESG reporting at the divisional level by verifying data from multiple plants and contributing to fixed cost reduction initiatives.
Employee Claims & Cost Recovery
Process employee claims through SAP Concur and manage cost recovery/cross-charge entries for accurate financial records.
Savings Analysis
Develop reports comparing budgeted costs with actual savings from consultant recommendations, focusing on cost optimization.

Interested candidates can apply or share their CVs at [HIDDEN TEXT] or WhatsApp/Call at 6359743674