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COST ACCOUNTANT VACANCY FOR CA\CMA AT ARMSTRONG FLUID TECHNOLOGY

 

With over 1200 employees worldwide, operating eight manufacturing facilities on four continents, Armstrong Fluid Technology is known as an innovator in the design, engineering and manufacturing of intelligent fluid-flow equipment. With expertise in demand-based control, digitalization, fluid-flow, and heat transfer, Armstrong Fluid Technology provides energy-efficient, cost-effective solutions to building professionals and owners around the world. 

Armstrong Fluid Technology is committed to sustainability. In 2018, the company launched its 2 by 22 initiative, a program that aims to reduce Greenhouse Gas emissions among customers by 2 million tons by the year 2022. More recently, Armstrong signed the Net Zero Carbon Buildings Commitment, pledging to operate all of its offices and manufacturing facilities at net-zero carbon by the year 2030.

VACANCY DETAILS :-

POST NAME - Cost Accountant
QUALIFICATION - CA\CMA
EXPERIENCE - 5 Years
LOCATION - Bangalore

JOB DESCRIPTION :- 

Perform professional accounting work in the collecting, measuring, accumulating and interpreting of internal cost accounting information for all operating companies. Prepare margins analyses and plant performance measurement reports as well as analyze and identify operational variances. Encompass both financial and non-financial data to assist in improving operational effectivity and in providing cost information relevant for managerial decision.

  • Assist in the control and maintenance of our standard cost system.
  • Perform month-end and year-end closing functions that pertain to Sales, Cost of Sales and Manufacturing Variances. Prepare detailed Cost, Sales and Inventory reconciliation. Post month-end and related journal entries.
  • Prepare inter-company reconciliation, including mark-up schedule and inter-company cost transactions differences.
  • Analyze margins data by product lines and by companies.
  • Perform annual and ad hoc cost rolls.
  • Identify and analyze manufacture variances, purchase variances and inventory adjustments and provide root causes for corrective actions.
  • Prepare plant performance reports and inventory turns schedule.
  • Prepare the monthly flexible budgets and analyze the spending variances.
  • Measure inventory movement and performance as well as calculate the inventory reserve based on corporate policies.
  • Measure changes of materials and operations cost on a quarterly basis.
  • Participate in annual physical inventory counts, procedures, processes and accuracy.
  • Perform daily, weekly, and monthly project closings and ensure errors be resolved by appropriate operating personnel.
Additional Responsibilities include :-
  • Assist with the preparation of the annual audit, including work papers and schedules.
  • Assist in the preparation of the annual Business plan, and for planning, forecasting and ad hoc analyses.
  • Assist departmental and operating personnel in resolving cost issues, including cost discrepancies, account coding, and variances.
  • Assist in process improvement on month end reporting and increase the timeliness and accuracy of analyses.
  • Perform related duties as assigned.

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