Accra Pac India Pvt. Ltd.
Website:
accrapacindia.net
Job details:
Education /Qualification
- Commerce graduate with CMA (ICMAI) – Inter / Finalist.
Experience
- 5–7 years in manufacturing – ( Pharma experience preferred)
- knowledge/practical experience of cost accounting & management accounting
- Working knowledge of SAP systems
- Good communication skills
Job Profile
Cost Accountant is responsible for various product costing, cost analysis, statutory cost audit compliance. Main responsibility is to ensure accurate product costing on monthly basis.
1. Costing & Cost Control
- Prepare various product/job/process costing, customer-wise and product-wise on monthly basis and cost reconciliation of each customer on monthly/quarterly basis for under recovery of cost.
- Monitor material, labor, and overhead costs for each manufacturing line.
- Analyze cost variances for each activity and product and suggest corrective actions
- Develop and update standard costs for each manufacturing line and allocation of overhead cost accordingly.
- To Assist accounts manager in preparing annual financial budgeting for yearly basis.
- To Prepare actual vs budgeted costs and the reason for the variance and initiate /suggest cost reduction.
- Preparation of Profit and Loss account and Balance Sheet at the end of each Month/Quarter end for internal analysis/Management
2. Inventory & Production Analysis
- Valuation of raw material, packing materials, Work in process, and finished goods at the end of each month and share with respective customers as per Company system.
- Monitor inventory turnover and slow-moving stock and obsolete inventory and update customer accordingly for scrapping or transfer.
- Coordinate with production department for yield, wastage, and efficiency analysis.
- Monitor inventory level for each customer on regular basis matching with orders in pipeline.
3. Financial & Management Reporting
- Prepare cost sheets, MIS reports, and profitability analysis for each cost run /each product.
- Product-wise, job-wise, customer-wise margin analysis
- Share actual data to the management in pricing and quotation decisions
4. Compliance & Statutory Audit
- Ensure compliance with Cost Accounting Records and Rules
- Assist in Cost Audit and Internal Audit
- Support statutory audit with cost data
- GST support related to costing, valuation, and reconciliations
- Maintain cost data in ERP / SAP System or any other system as per management decision
- Coordinate with finance, stores, production, and purchase teams for updating data to be shared.
Click on Apply to know more.