Cost Accountant
CompanyDNA Growth
- Location
- Punjab
- Experience
- 5+ yrs
- Posted
- Posted 3 days ago
Experienced CA
Job description
Designation- Cost AccountantShift timings- 4 PM- 1 AMLocation- MohaliKey responsibilitiesData and reconciliation• Reconcile ERP extracts (item master, inventory, production, purchasing, payroll) to the generalledger before any analysis.• Identify SKUs with missing, incomplete or outdated standards, BOMs and routings.Standard costing• Set and revise material standards from current purchase prices and negotiated PO costs.• Build labor standards per SKU from payroll data and time studies: standard hours, rates andlabor cost.• Recalculate overhead absorption rates and the cost pools behind them.• Roll revised standards up through BOMs and routings and quantify the change in inventoryvalue by SKU.Variance analysis• Analyze purchase price variance (PPV) and split it into:o buying variance: standard cost vs. negotiated PO priceo market timing variance: negotiated price vs. market price at receipt• Analyze labor and overhead over- and under-absorption, and usage and efficiency variances.• Support landed cost work, allocating freight-in and import tariffs to SKUs.Models and reporting• Build reusable, refreshable Excel and Power Query models that rerun on new extracts withminimal manual work.• Document assumptions, sources and method so another analyst can pick up the work.• Prepare clear working papers and summaries for manager and client review.Client delivery• Work directly with US clients and partner firms, sending information requests with checklistsahead of each deadline.• Flag data gaps and risks to deadlines at least 7 days early.• Ask follow-up questions that build on earlier answers rather than repeat them.• Submit a detailed monthly timesheet of hours and activities.Must-have qualifications• CMA, CA, ICWA or MBA (Finance), or an equivalent cost accounting qualification.• 5+ years of hands-on cost accounting in a manufacturing business or a firm servingmanufacturers. GL, AP, AR or general FP&A experience alone does not qualify.• Direct work on all of the following:o standard costing: setting, rolling up and revising standardso BOMs and routings: building, reviewing and correcting themo labor and overhead absorption, including over- and under-absorptiono purchase price variance analysiso inventory valuation and roll-forwards• Reconciling ERP or inventory sub-ledger extracts to the GL.• Advanced Excel: lookups, pivots, dynamic arrays, scenario logic, large data sets.• Power Query: building refreshable transformations, not just basic imports.• Experience in at least one manufacturing ERP, such as NetSuite, Sage, Epicor, SAP (CO/PP),Dynamics or Plex.• Clear written English and confident calls with US clients.• Willing to work the US-overlap shift.Good to have• Experience with sheet metal, fabricated, machined or plated components, or industrialmanufacturing generally. Plex experience is a plus.• Landed cost work: freight-in allocation, import duties, HTS codes, country of origin.• Time studies or engineered labor standards.• Costing for multi-location or multi-entity manufacturers, including post-acquisition costharmonization.• Power BI for variance and margin dashboards.• Experience with US GAAP inventory rules (ASC 330) and capitalizing variances.
Required skills
- Accounting
- Advanced Excel
- Bookkeeping
- Cost Accounting
- Financial Planning and Analysis
- Financial Reporting
- Oracle
- Payroll
- Power BI
- SAP
- Valuation