The Heubach name is synonymous with innovation, attention to customer needs, high-quality color solutions, and sustainability. The company looks back on over 200 years of tradition of delivering excellence.
Since January 2022, the new Heubach Group combines the strengths of two of the most important color companies – Heubach and the Pigments business of Clariant. The combination of these organizations offers one of the world’s complete portfolio of organic, inorganic, and anti-corrosive pigments, pigment preparations, dyes, and specialty materials.
The new Heubach Group brings together two of the industry’s most-storied color innovators, and is a leading global supplier of comprehensive color solutions featuring technology, manufacturing, quality leadership and product stewardship. We are an innovation and supply partner of choice for many of the world’s leading color users. Enabling coatings, plastics, inks and specialty companies deliver stellar products to their customers where color contributes to brand and value.
VACANCY DETAILS :-
POST NAME - Costing Trainee
QUALIFICATION - CMA
EXPERIENCE - Nil
LOCATION - Vadodara
JOB DESCRIPTION :-
Support and play active role in Cost accounting role, forecasting, budgeting. Perform cost forecasts/budgets, cost tracking, monitoring and controls, and maintain internal control and effective accounting system and policies. Support Head Costing & MIS / Head F&A in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policy. Ensure timely submission of project cost reports for review and approval.
Costing
- Coordinate and Prepare cost estimates of new or special products for establishing selling prices and production forecasts
- Review and release standard costing on montly basis for all products (multiple plants).
- Review Process Order variances / Purchase price variances in SAP along with taking appropriate steps to minimizing it.
- Month closing activities related to Plant Accounting.
- Preparation of annual budget along with determination of Utility, Labour and Overhead rates for all the products.
- Variation analysis of the P&L and prepare to the management on monthly basis
- Review and update Utility and Overhead rates of products on quarterly basis
- Physical Inventory verification for the Statutary Audit. Investigate cycle counting variances and resolve issues.
- Inventory Valuation as per Ind AS 2.
- Accumulate and apply overhead costs as required by generally accepted accounting principles
- Lead and support in SAP FICO implementation / configuration changes.
- Participate in analysis of capital budgeting requests.
- Provide technical assistance with cost analysis, fiscal allocation, and budget preparation
- Perform cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods
- Prepare cost and expenditure statements and other necessary documentation at regular intervals for the duration of the project
- Generate and distribute management reports in accurate and timely manner.
- Regular interaction with Manufacturing team for cost data sharing and understanding of variances.
- Develop MIS documentation to allow for smooth operations and easy system maintenance.
- Provide recommendations to ub update current MIS to improve reporting efficiency and consistency.
- Analyze business information to identify process improvements for increasing business efficiency and effectiveness.
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