Accountant

ORGANIZATIONAL STRUCUTRE

BUSINESS: CIRCOR

LOCATION: COIMBATORE, INDIA

DIRECT REPORTING: FINANCE CONTROLLER / DIRECTOR

FUNCTIONAL REPORTING: NA

POSITION DETAILS

Position Summary

Continuously develop and execute of financial Accounting, planning and analysis system to meet the business objectives

Principal Activities

• Preparing accurate and timely actual financial statements and reports
• Preparing accurate and timely forecasts / Budget / Latest estimates
• Monitor financial transactions and ensure compliance with financial policies and procedures
• Collaborate with cross-functional teams to identify areas for process improvement and cost optimization
• Monitoring financial audits and regulatory compliance
• Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor and Analyzing data collected and recording results for Improvements
• Analyzing changes in product design, materials Procurement and handling, manufacturing methods, processes or services provided, to determine effects on cost
• Making estimates of new and proposed product costs
• Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
• Recording cost information for use in controlling expenditures and Active participations & guidance in the plant in Cost Reduction/Cost Out initiatives and efforts towards Cost Avoidance. Close coordination required with SCM, Logistics, Manufacturing Engineering and Quality for cost movement tracking, Routing accuracy and deployment, cost of non-conformance and Renegotiation, Resourcing and VA/VE/VSM.
• Providing management with reports specifying and comparing factors affecting prices and profitability of products or services with Actionable Recommendations
• Conducts physical inventories and monitors cycle count program and Reconciles the variances in inventories
• Evaluate the Excess and Obsolete inventory and action plan to reduce it.
• Ensure Import and Export compliances including licenses and export benefit schemes

CANDIDATE REQUIREMENTS

Knowledge Skills & Abilities

• Must have a strong financial accounting background and have excellent analytical skills; sound understanding of accounting principals
• Computer Literate – Strong Excel skills and the ability to use Outlook and Word. Working Knowledge of SAP will be an added advantage. Exposure to latest presentation tools like Power BI is preferred
• Experience working with engineering and manufacturing personnel on development and analysis of cost standards
• Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports

Education & Experience

• Minimum of 5 solid years of experience in Manufacturing Environment, preferably with a Multinational Company

• Bachelor’s degree in accounting

• Professional certification such as Chartered accountant / Cost accountant is preferred (Qualified / Semi Qualified)

• Strong knowledge of financial principles and practices

• Work Experience at Remote Location in a Matrix Organization with Multiple Reporting will be considered as preferred

CIRCOR is an EEO Employer of Females / Minorities / Veterans / Individuals with Disabilities