Cost Accountant

Department Icon Accounting & Finance
Posted: 8 months ago
5-7 years
Faridabad, Haryana
Accounting & Finance
work from office
Full Time

Posted: 8 months ago
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Job Description

JOB DESCRIPTION

Key Responsibilities:

1

Creating/ maintaining the costing masters (cost / profit center) for all GDI plants

2

Finalization of NBAQ costing for all GDI plants.

3

Monthly tracking of program development from C1 phase to G8 closure of all GDI plant (Full program development cycle)

4

Monthly model wise margin calculation and highlight the variance with Budget to regional team.

5

Inventory control including monthly valuation and variance analysis. It includes item wise re valuation of RM/BOP/FG/WIP on GDI basis.

6

Monthly reconciliation of actual material margin based on MIS and comparison with VCor.

7

Financial inventory schedule, Related party transaction, Direct material consumption analysis, Royalty computation for annual GKN accounts as well financial year closing based on GDI. Quantitative scheduled for all direct material and finished driveshaft for Income tax account.

8

Maintenance of inventory module in MFG Pro of GDI plants.

9

Validation of improvement/changes proposed by shop floor and their cost calculation for all GDI plants.

10

Good understanding of financial accounting entries.

11

Worked in SAP (Old/New version) environment

12

Good command over excel.

Specific Functional Capabilities, Knowledge and Skills Required

  • Experience in preparation of product costing and finalization of cost rate .

  • Expertise in Advance Excel

  • Fluent in English, with global mind-set

  • Experience of working with an MNC manufacturing organization.

  • Results oriented with good written and oral communications skills

Skills

Data Collection and Analysis

Works under guidance (but not constant supervision) to analyze data trends for use in reports to help guide decision making.

Verbal Communication

Uses clear and effective verbal communications skills without supervision and provides technical guidance when required on expressing ideas, requesting actions and formulating plans or policies.

Compliance Management

Works with guidance (but not constant supervision) to achieve full compliance with applicable rules and regulations in management and/or operations.

Data Control

Works under guidance (but not constant supervision) to acquire, organize, protect and process data to fulfill business objectives.

Numerical Skills

Uses an understanding of numerical concepts to perform mathematical operations such as report analysis without supervision and provides technical guidance when required.

Planning and Organizing

Works with guidance (but not constant supervision) to plan, organize, prioritize and oversee activities to efficiently meet business objectives.

Assessment

Works with guidance (but not constant supervision) to analyze data from multiple sources to draw appropriate conclusions and make suitable recommendations.

Costing and Budgeting

Works under guidance (but not constant supervision) to perform costing, budgeting and finance tasks.

Education: ICMA/ICWAI

Experience: Having 5-6-year post qualification experience preferably from manufacturing sector

Skills

AccountingAccountsBudgetingCompliance ManagementCostingInventory ControlFinanceReconciliationCost AccountantAccountant

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About Company

GKN Automotive is a multinational manufacturer of driveline components, all-wheel drive systems and eDrive systems for the automotive industry. It employs around 27,500 people across 51 manufacturing facilities and 6 technology centres in 20 countries.

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