Dow (NYSE: DOW) combines global breadth, asset integration and scale, focused innovation and leading business positions to achieve profitable growth. The Company’s ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company, with a purpose to deliver a sustainable future for the world through our materials science expertise and collaboration with our partners. Dow’s portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer care. Dow operates 106 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $39 billion in 2020. References to Dow or the Company mean Dow Inc. and its subsidiaries.
VACANCY DETAILS :-
POST NAME - Functional Cost Accountant
QUALIFICATION - CA/CMA/B.Com/M.Com/MBA
EXPERIENCE - 5 To 10 Years
LOCATION - Mumbai
JOB DESCRIPTION :-
Cost accounting for various functions in APAC, including:
- Organize and execute the Cost Center Budgeting process.
- Review of cost center spending to ensure accuracy and understand cost drivers.
- Review variances in spending vs budget and comparison periods and analyze root causes.
- Meet with functional leaders to explain cost center spending and convey opportunism for savings
- Satisfy various reporting requests and analysis for function
- Challenge second level leaders on spending
- Liaise between functional leaders and finance function
- Record and monitor certain accounting entries during the monthly closing.
- Facilitate the inter-company rebilling process.
- Facilitate SOX compliance for Cost Accounting activities.
- Monitor and maintain work processes to ensure internal controls in data integrity.
- Provide training/backup support within the area based cost team.
- Provide determinations between Capital and Expense
- Execute cost center recoveries and analyze residuals
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