Cost Accountant Full Time

1) Cost Management and Cost controls:
Standard costing of products in accordance with the bill of materials as defined in the system.
Calculation of monthly variances and discussion with the operating group before closing
Accounting of physical stock (end of month)
Conducting variance meetings every month
Highlighting the variances in the meetings and seeking time bound action plan from the operating team.
2) Fixed Assets Management:
Tracking the expense in the Asset a/c and ensuring its expenses are within the sanction amount
Monitoring the amount used by Engg/user department to ensure that budget is not exceeded.
Monitoring CWIP preparation of schedules (review function)
Transferring completion report from engineering department to asset a/c after its put to use/commissioning.
Ensuring charging of monthly depreciation and maintenance of assets
Physical verification of assets along with Engg dept.
3) Monthly closing of Accounts and financial audit:
a. Liaison with internal external auditors
b. Ensure corrective action on financial audit comments
c. Preparation and control of all accounts schedules and ensure that they stand the test of audit
4) Inventory Management Controls :
a. Stock verification with the team members and review of slow moving items on a monthly basis
b. Reconciliation and preparing of all Inventory related schedules.
5) Preparation of Cost Audit Schedules, Tax audit , etc.
6) Reconciliation of Job vendors a/c.
minimum of 1 years experience in plant accounts with a current/existing CTC of 4.5 lakhs or below.
This position is based out of our Kolkata plant.,

Tagged as: accounts, bill of materials, budgeting, corporate liaison, corrective action, cost audit, cost management, CTC, financial auditing, financial justification, fixed assets, inventory management, MIS, monthly closing, physical verification, plant accounting, sales, standard costing, tax audit, variance analysis