Job Description
Functional Cost Accountant / Reports to Mumbai Cost Accounting Leader
Key Responsibilities
Education Experience, Skills, Competencies
Cost accounting for various functions in APAC, including:
• Organize and execute the Cost Center Budgeting process.
• Review of cost center spending to ensure accuracy and understand cost drivers.
• Review variances in spending vs budget and comparison periods and analyze root causes.
• Meet with functional leaders to explain cost center spending and convey opportunism for savings
• Satisfy various reporting requests and analysis for function
• Challenge second level leaders on spending
• Liaise between functional leaders and finance function
• Record and monitor certain accounting entries during the monthly closing.
• Facilitate the inter-company rebilling process.
• Facilitate SOX compliance for Cost Accounting activities.
• Monitor and maintain work processes to ensure internal controls in data integrity.
• Provide training/backup support within the area based cost team.
• Provide determinations between Capital and Expense
• Execute cost center recoveries and analyze residuals
• Bcom/Mcom
• ICWA
• MBA a plus
• CA
Experience
• Corporate / public accounting (5-10 years)
• US Manufacturing MNC (3-6)
• Cost Accounting (2-5 years)
• Accounting center (2-5 years)
Competencies
• Proficient accountant - highly proficient cost accountant - with detailed understanding of financial accounts and accounting impacts
• Highly motivated with strong aspirations to achieve and develop
• Interest in broad array of finance disciplines
• Detailed and analytical thinker
• Proficient in SAP finance - cost accounting module
• Good communication skills
• Fluent in English (written and verbal)
• Domestic Relocation Package available.
Dow Offers:
• A robust total rewards program, including: competitive base pay, variable pay that rewards individual, team, and Company performance, and comprehensive benefits
• On-going learning opportunities within a diverse, inclusive and rewarding work environment
• Career experiences that can span different Dow businesses and functions with opportunities for personal and professional growth
Key Responsibilities
Education Experience, Skills, Competencies
Cost accounting for various functions in APAC, including:
• Organize and execute the Cost Center Budgeting process.
• Review of cost center spending to ensure accuracy and understand cost drivers.
• Review variances in spending vs budget and comparison periods and analyze root causes.
• Meet with functional leaders to explain cost center spending and convey opportunism for savings
• Satisfy various reporting requests and analysis for function
• Challenge second level leaders on spending
• Liaise between functional leaders and finance function
• Record and monitor certain accounting entries during the monthly closing.
• Facilitate the inter-company rebilling process.
• Facilitate SOX compliance for Cost Accounting activities.
• Monitor and maintain work processes to ensure internal controls in data integrity.
• Provide training/backup support within the area based cost team.
• Provide determinations between Capital and Expense
• Execute cost center recoveries and analyze residuals
• Bcom/Mcom
• ICWA
• MBA a plus
• CA
Experience
• Corporate / public accounting (5-10 years)
• US Manufacturing MNC (3-6)
• Cost Accounting (2-5 years)
• Accounting center (2-5 years)
Competencies
• Proficient accountant - highly proficient cost accountant - with detailed understanding of financial accounts and accounting impacts
• Highly motivated with strong aspirations to achieve and develop
• Interest in broad array of finance disciplines
• Detailed and analytical thinker
• Proficient in SAP finance - cost accounting module
• Good communication skills
• Fluent in English (written and verbal)
• Domestic Relocation Package available.
Dow Offers:
• A robust total rewards program, including: competitive base pay, variable pay that rewards individual, team, and Company performance, and comprehensive benefits
• On-going learning opportunities within a diverse, inclusive and rewarding work environment
• Career experiences that can span different Dow businesses and functions with opportunities for personal and professional growth
💡 Quick Summary
Seeking a career-building opportunity? The Functional cost accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai 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.