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Assistant manager - Costing
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kaushi
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Posted 03-05-2010Reply

Dear All



Greetings !!!!



We have an opening for one of our client, a American based MNC in Chennai for the position " Assistant Manager - Costing " having minimum of experience of 3 years in manufacturing set up.

I have furnished the job details below :

Desired Candidate Profile:

Candidates having experience in Manufacturing set up with " Cost Accounting " as the main domain will be highly preferred.

Summary:

Education: ICWA / CA ( The candidate should have completed CA / ICWA )

Location:Chennai

Compensation: As per the Industrial Norms

Experience: 3 yrs

Industry Type: Engineering / Manufacturing / Automobile / Auto Ancillary

Role: Assistant Manager - Cost.

Job Description:

The candidate should be strong in cost accounts.

Roles & Responsibilities :

Product Costing:

* Conducting cost comparison to analysis cost efficient product lines and to facilitate decisions on product pricing.

* Standard costing implementation for Products -Inventory

Process Costing:

* Preparation and analysis of Cost Statement for the jobs or projects undertaken

* Standard costing implementation for Work in Process

Analyzing Cost centers & Profit Centers:

* Department wise Expenses tracking.

* Segment wise Expenses tracking.

* Timely updation of cost sheet.

* Maintaining Cost Centre wise details on Expenses.

Standard cost implementation:

* Material consumption at standard cost.

* Closing of all purchase unidentified items monthly.

* Valuation of Scrap and proper allocation for Product development cost.

* Authorization of Part numbers and proper matching with appropriate ledgers.

* Analysis of Financial & Inventory ratios and reporting for variances.

* Should ensure Accounting and Inventory are integrated correctly.

* Reconciliation of Physical Inventory with Inventory books and Financial books.

Reporting Actuals :

* Preparation of monthly Profit & Loss account.

* Finalization of Balance Sheet and Profit & Loss account.

* Meeting Monthly Budgets.

* Monitoring the HFM Chart of Accounts and ensure new accounts are updated in the ERP

* Monitoring the transactions for complying with the Accounting standards

Reporting Forecast:

* Compilation of dynamic Monthly, Quarterly, Annual Management reporting consisting of Projections, Rolling Forecast.

* Ensure that the books are appropriately closed on a timely bases for Trial Balance review & MIS as part of month end close process.

Quarterly Reports:

* Preparation of All Quarterly reports like Balance sheet review, segment report, FTR schedule, Management representation letter, Capital and Tooling schedule.

Interim Reports:

* Preparation of All Interim reports R&D Track, Grant of Authority, Labor Report, Product wise sales, Schedule 5a, 5b and 5c

Budget:

*Preparation of Preliminary reports for Budget, Multiple submission of Budget with proper assumptions.

* Tracking Expenses in Line with Budgets.

Sox Audit -Axentis:

* Management self testing.

* Focus on key control activities -6 cycles.

* Improve documentation.

Company Profile :

Its is the world leader in automotive chain as well as a

Engine and Drive Train products for automobiles.It operates in 17 countries out of 63 locations and has over 17000 employees.

Contact Details:



Interested candidates can mail their resumes immediately to my id : uma@abcstaffing.co.in



Thank You.

Regards,

Uma

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