Imagine being surrounded by intelligent, driven, and passionate innovators all working toward the same goal to create groundbreaking solutions that leave our world in a better place than we found it. Emerson is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets.
Our Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Emerson Commercial and Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure.A dynamic environment is what you discover at Emerson, a Fortune 500 company with $14.5 billion in sales and 155 manufacturing locations worldwide. Together, we changing the world, and we have all the resources to help you achieve your professional goals.
Our Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Emerson Commercial and Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure.
VACANCY DETAILS :-
POST NAME - Cost Analyst
QUALIFICATION - CA\CMA
EXPERIENCE - 4 To 8 Years
CTC - 6 To 10 LPA
LOCATION - Chennai
JOB DESCRIPTION :-
Inventory
- To be responsible for all inventory reports and management
- To investigate and reconcile variance daily on inventory accounts between sub-ledger and GL
- To generate daily inventory report
- To coordinate E&O Scrap
- Monitoring inventory transaction
- To prepare inventory forecast for POR
- To prepare monthly report for APHQ request
Asset Register
- To be responsible for the whole asset register
- To ensure all acquired assets are properly captured into account following to AR raised
- To prepare monthly fixed asset schedule, addition and disposal
- To ensure monthly depreciation is charged out correctly
- To segregate asset register by department and ensure the asset is tagged with asset number
- Process asset disposition requests
- Preparation of month end GL close and reconciliation for asset
Capex
- Ensure proper approvals are in place before any investment decisions
- To review Capex and ensuring document completion
- Preparation of ROI and analysis for major projects
- To monitor Capex spending against budget
- To monitor, review and follow up on CIP
- Review the capitalization of fixed assets
- Maintain up-to date monthly capital expenditure report, forecasting and any related ad-hoc reporting upon request
- Preparation of annual Budget with project managers
Cost Reduction
- Review on Cost Reduction projects submission by dept
- Work closely and to support Cost Reduction Champion
- Prepare and Submission of monthly Cost Reduction report
- Preparation of annual target for Cost Reduction
Item Cost / Product Costing
- To be responsible for all item cost setting and product costing
- To perform analysis for variances (material, labor, burden) & costing related expenses analysis
- To prepare costing related journal and post accordingly
- To perform inventory revaluation using CAR 2 monthly and prepare CAR1 report quarterly
- To update standard cost on a daily basis
- To ensure all components and work centers for the Customer orders and Manufacturing orders are being picked/issued properly as per bill of material
- To ensure all the work orders are closed on a monthly basis
- To prepare, analyze and review standard cost for yearly cost update activity
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