Job Description
Job Description:
The Cost Accounting Manager is responsible for setting up and maintenance of accurate process cost information, reconciliation of standard costs to actual costs, maintenance of perpetual inventory system, participating in the month end close and budgeting process, and assisting the Senior Accounting Manager and Finance Director with day-to-day operations and reporting requirements. This position will be responsible for developing/maintaining an effective cost accounting system to reduce cost and improve overall profitability.
Roles & Responsibility:
• Process Cost accounting – responsible for the accurate reporting of Cost of Goods Manufactured and Sold.
• Performs regular cycle counts to correct inventory misstatements.
• Monthly reconciliation and updating of standard costs to actual costs.
• Maintenance of a perpetual inventory system.
• Monthly closing process – schedule and coordinate with outside departments and within the department to meet the close.
This includes planning and leading monthly and quarterly inventory, preparing journal entries, posting, balancing, and reconciling subsidiary ledgers.
• Actively participate in the annual budgeting process by providing updated cost information across different product lines.
• Reconciliation of inventory balances.
. • Provide accurate and timely financial information including actual product costs and standard costs for new products.
• • Analyse complex manufacturing processes in coordination with Plant managers to improve decision making.
• Provide account analysis for assigned accounts and other accounts as necessary.
• Maintain integrity and accuracy of accounting system.
• Any other duties as assigned
💡 Quick Summary
Seeking a career-building opportunity? The Cost Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
