Key Responsibilities
Product Costing & BOM Management: Maintain, analyze, and optimize Bill of Materials (BOM) for various manufacturing and formulation processes to ensure accurate product costing.
Cost Variance Analysis: Monitor and evaluate standard costs versus actual production costs, investigating variances related to raw materials, labor, and factory overheads.
Inventory & Stock Control: Oversee physical stock audits, inventory valuation, and manage raw materials, work-in-progress (WIP), and finished goods accounting.
Factory Overhead Allocation: Accurately track, allocate, and report manufacturing and plant-level overhead expenses.
Financial Finalization: Support the finance team with month-end and year-end financial closings, general ledger reconciliations, trial balances, and audit preparations.
MIS & Cost Reporting: Prepare regular management information systems (MIS) reports and cost sheets to assist management in pricing decisions and profitability analysis.
Requirements & Qualifications
Education: Qualified or semi-qualified CMA, CA Inter, or MBA in Finance.
Experience: 3 to 6 years of solid accounting experience, with a mandatory background in a manufacturing plant environment
Technical Skills:
Strong hands-on knowledge of Product Costing and BOM.
Proficiency in ERP systems (e.g., SAP, Oracle, or equivalent).
Advanced Excel skills (VLOOKUP, Pivot Tables, data modeling).
Attributes: Analytical mindset, high attention to detail, and the ability to work independently in a plant environment.
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