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 - CMA\CPA
EXPERIENCE - 3 To 5 Years
LOCATION - Bangalore
JOB DESCRIPTION :-
[Financial Reporting]
- Prepare various inventory reports for Balance Sheet reconciliations
- Prepare operation executive summary package, i.e. margin, variance analysis, work with business partners to identify root cause and action plans
- Prepare operation variance reports on bi-weekly basis
- Participate in generating and validating Costing and Inventory related INFOR and PowerBi reports dashboard and KPIs for operation performance review
- Participate in prepare annual budget and forecasts
[Month-end Activities]
- Prepare inventory reconciliations and adjustment when needed
- Prepare inventory provision, accrual, GIT journal entries in INFOR system at the month-end
- Assist in the consolidation process to produce accurate and compliant financial statements for the entire corporation.
[Cost Rolls]
- Perform ad-hoc cost rolls with reasonability check
- Participate in Quarterly cost rolls, work with business partner to validate the updates of cost
- components in BOM and routings and their corresponding rates
- Review standard costs and MAUC costs on regularly basis for reasonability, work with internal business partners for correct item master data, BOMs and routings
[Process Improvement]
- Identify opportunities to improve efficiency and accuracy in intercompany accounting processes.
- Implementing best practices and automated solutions to streamline intercompany transactions and reconciliations
[Work with Business Partners]
- Work closely with IT team in troubleshooting INFOR system issues
- Support PEG team in project revenue and COGS recognitions
- Support other cost accountants in all aspects of costing and inventory matters
- Maintain and develop strong working relationships with internal business partners for effective collaboration and achieving organizational goals
- Provide support during external audits by preparing requested documentation and explanations related to intercompany transactions and reconciliations
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