Purpose of the role: The position is required to handle entire Costing, MIS and Management accounting functions at Plant level. The Costing function includes standard costing / standards setting / actual product cost calculation, preparation of cost audit schedule and handling cost audits etc. This position need to do monthly inventory accounting process in ERP and should ensure the inventory control at plant. Primary Responsibilities: Costing: - Standard cost working for all the major input materials based on the historical data, support details from procurement and other commercial functions. - Update and maintain standard cost for all the materials in ERP - Validation & Setting up of production BOM (Bill of materials) for Finished Goods / By-Products in ERP with the help of production, technical & Quality teams - Support for setting up of manufacturing process routing in ERP to ensure the accuracy in product cost calculation - Preparation of actual cost sheet for all finished goods and submission for analysis - Variance analysis & accounting & Reporting - Periodic review, re-calculation & re-setting of standard cost and BOM in ERP - Preparation of cost audit schedule & handling cost audits Inventory Accounting & Month-end Process: - Support the process of periodic physical verification of all inventories at plant - Handling Month-end material handling process and passing final production work order confirmation entry in SAP - Inventory variance analysis, reporting and accounting - Preparation and maintenance of inventory/stock movement registers (Stock Registers) - Providing month-end accounting entries related to inventory accounting / common allocation etc to Finance to ensure on time and accurate closure of month-end accounts closing for plant - Calculation of inventory consumption variance, analysis for variance and accounting the variance appropriately - WIP stock valuation and accounting - Design & develop a standard Inventory Cycle Count system in ERP - Responsible for Scrap Management & Accounting & Reconciliation Insurance Management: - Providing Assets / Stock details to HO-Team for insurance cover - Periodic review of Actual stock level Vs Insurance cover value and taking necessary steps to revise the insurance cover value appropriately - Handling insurance claim process (factory front) - Maintaining good relationship with insurance surveyors / Insurance Company - Accounting of Insurance related transactions in books (Loss / Claim/claim settlement entry) MIS: - Preparation of Monthly Plant Operation Report (MOR) and reporting to Plant Functional Heads - Preparation of Monthly Techno-Commercial Reports, consisting of production and technical details with proper variance analysis reports and reporting the variance (loss / Gain) in commercial terms - Preparation and reporting of Periodic Inventory Valuation report & Inventory Ageing report - Reporting of Inventory Movements - Preparation of Inventory related schedules in connection with monthly accounting MOR preparation by finance - Preparation and submission of various reports on plant performance / product costing / inventory to the Plant functional heads / Head Office / statutory bodies / Insurance co. / Banks etc Audit: - Responsible for handling cost and inventory audits by cost auditors / internal auditor / statutory auditors etc. - Support commercial team to conduct a periodic plant internal audit to ensure the adherence to the SOPs and Controls Educational Qualification: MBA - Finance, ICWA. Relevant Experience: 6 - 10 years Required Skills: - Should have working experience in ERP system - Planning and Prioritization Skills - System and Process orientation - Execution Focus - Inter-personal Skills

Madurai

Amway - Associate Manager - Finance 

Amway - Associate Manager - Finance  ,Job Description for Amway - Associate Manager - Finance  in Amway in  Madurai for (6-10) years of experience. Apply Now!

Job Description for Amway - Associate Manager - Finance  in Amway in  Madurai for (6-10) years of experience. Apply Now!