Overview
Experience- 10 + Years
Location- New Delhi
Education – ICWA(CMA)
Key Tasks & Responsibilities:
– Maintaining accurate books of accounts related to the utilization of materials, labor, and other cost items applicable to the production of goods.
– Taking charge of budget planning to ensure effective cost control and resource allocation.
– Handling product costing, including labour costing, to determine accurate product costs for pricing decisions.
– Participating in CAPEX planning activities to optimize capital expenditure in line with business objectives.
– Analysing input-output impact and prepare variation reports to identify cost discrepancies and potential areas for improvement.
– Managing and overseeing all audits related to cost accounting, ensuring compliance with relevant rules and regulations.
– Utilizing knowledge of the FICO module and proficiency in SAP/NAV to handle cost accounting entries effectively.
– Preparing and presenting monthly costing Management Information System (MIS) reports to management for informed decision-making.
– Updating cost sheets and Material Hour Rate (MHR) records in SAP to reflect the most current and accurate information.
– Ensuring timely and accurate monthly cost variances updation to keep track of deviations from planned costs.
– Conducting monthly cost runs in SAP to capture all relevant cost data accurately.
– Collaborating with the marketing team to provide product cost sheets for customer quotations and support pricing strategies.
– Assisting the production team by providing cost sheets to analyse and optimize possible process flow reduction opportunities.