Accountant

3 - 8 years

2 - 6 Lacs

Posted:3 weeks ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

The Opportunity:
  • Under broad supervision, maintain accurate records, including ledgers, journals, receipts, and invoices. Receive, process, and reconcile statements. Prepare monthly and quarterly financial statements for managers. Generate and review monthly reports. Ensure compliance with internal accounting procedures. May be assigned to highly complex accounts or business lines.

MAJOR JOB DUTIES AND RESPONSIBILITIES

  • Works cross functionally to develop and maintain standard cost components for NuSil Technology LLC and its subsidiaries including material, labor, overhead, freight and packaging.
  • Analyze and review labor and overhead rates monthly.
  • Calculate and record monthly cost of sales, purchase price variance, labor and overhead absorption.
  • Calculate and record monthly inventory reserves in accordance with established policy.
  • Monitor and report on any significant production variances and/or operations run-rate variances.
  • Directly responsible for development of Cost of Sales budget based on sales volume forecasts from each business unit and departmental expense budgets provided by Financial Planning and Analysis.
  • Directly responsible for forecasting Cost of Sales on a monthly basis.
  • Prepare and analyze product costs as requested for new and existing products. Determine profitability margins, escalate production issues and identify potential cost savings.
  • Maintains company inventory control procedures.
  • Prepare ad hoc cost analysis reports to assist financial and operational leadership in decision-making.
  • Provides financial and accounting oversight to company cycle count program and address inventory control issues.
  • Provides cost analysis results to assist financial leadership in decision making.
  • Analyze actual labor, material, and overhead cost against standard/budget; research and explain variances; report this information monthly or as needed.
  • Monitors, analyzes and reports on inventory valuation, production and various other costs.
  • Interact with Production Control to ensure Bills of Materials (BOM) are accurate and up to date.
  • Evaluates and implements changes to procedures to improve efficiencies.
  • Performs other duties as assigned.
  • QUALIFICATIONS (Education/Training, Experience and Certifications)
  • Bachelors degree in Accounting, Finance or an equivalent combination of education and experience
  • Minimum of 3 years applicable management accounting experience
  • ERP system experience
  • Certified Management Accountant (CMA) preferred

KNOWLEDGE SKILLS AND ABILITIES (Those necessary to perform the job competently)

  • Excellent computer skills including Microsoft office specifically Excel (Pivot Tables, Data Connections, Advanced Formulas)
  • Knowledge of ERP or MRP systems, SAP preferred
  • Knowledge of Oracle Project Management system (Agile)
  • Good communication skills, both oral and written
  • Strong organizational skills and documentation skills
  • Ability to multi-task, prioritize, manage time, problem solve, and work as part of a team are crucial
  • Detail oriented
  • Strong interpersonal and critical thinking skills
  • High energy and eagerness to demonstrate personal initiative
  • Flexibility and adaptability to a changing work environment and enthusiasm for continued learning

ENVIRONMENTAL WORKING CONDITIONS & PHYSICAL EFFORT (Under Typical Positions)

  • Typically works in an office environment with adequate lighting and ventilation and a normal range of temperature and noise level.
  • Work assignments are diversified. Examples of past precedent are used to resolve work problems. New alternatives may be developed to resolve problems.
  • A frequent volume of work and deadlines impose strain on routine basis.
  • Minimal physical effort is required. Work is mostly sedentary but does require walking, standing, bending, reaching, lifting or carrying objects that typically weigh less than 10 lbs.

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