SeQuent - Manager - Costing - CMA

We are a leading Veterinary Pharmaceutical company based in Thane.

We are currently hiring for Manager Costing.

The detailed JD is as under:

Highlights:

- Product costing, Variance analysis

- Plant controller

- SAP FICO exposure

- Inventory valuation

- Cost Audit

- Experience in Pharmaceutical/Chemical industry in costing

Costing & Accounting:

- Product Costing accuracy improvement perform ML run program in SAP which calculates the cost, implement standard costing.

- Monthly closing process schedule and coordinate with outside departments and within the department to meet the 3-day close. This includes planning and leading monthly and quarterly inventory, preparing journal entries, posting, balancing and reconciling & reviewing relevant ledgers.

- Third party manufacturing & Plant control implementation & review

- Perform Overhead allocation process for product costing.

- Performs regular cycle counts to correct inventory misstatements.

- Actively participate in the annual budgeting process by providing updated cost information across different product lines.

- Maintain integrity and accuracy of accounting system.

Business Partnering:

- Provide accurate and timely COGS for various mangement reports.

- Analyze complex manufacturing processes in coordination with Plant managers to improve decision making.

- Analyse plant OPEX, implement required controls, suggest & implement cost reduction initiatives.

- Assist R&D team in calculating cost of new product and payback calculations.

Compliance:

- Prepare Cost Audit data, co-ordinate with Cost auditor and resolve queries.

- Ensure Inventory valuation as per IND AS 2 requirement.

- Supporting statutory & internal audits with queries related to inventories & COGS

- Co-ordination of physical stock verifications at plant during financial year end

- Requirement as per the SOX controls are fulfilled on monthly/quarterly basis.

- Prepare data for Tax Audit related to Inventory & COGS.

Qualifications and Education Requirements:

- Cost Accountant (CMA)

- Relevant cost accountant's experiences: 7-10 years experience.

- SAP FICO experience is must, experience in implementation will be added advantage.

- Pharmaceutical/Chemical Industry experience from API segment preferred. Plant experience will be added advantage.

Preferred Skills:

- Proficiency in English language & good communication skill is must.

- Proficiency in advanced Excel formulas, power BI