Accountant for Manufacturing Unit

As a professional in the field of Raw Material & Inventory Management, you will be responsible for meticulously tracking the movement of raw materials, components, and other production inputs, including receipt, storage, issuance, and consumption. You will perform accurate inventory valuation for raw materials, work-in-progress (WIP), and finished goods using appropriate costing methods such as FIFO and weighted average. Additionally, you will calculate and report on raw material consumption for various production cycles or defined periods by utilizing specific formulas. Your role will also involve working with Bill of Materials (BOMs) to understand the theoretical amount of raw materials required for each product unit, accounting for waste, scrap, and off-grade production. Conducting regular physical inventory counts, reconciling them with accounting records, identifying discrepancies, and analyzing slow-moving or obsolete stock will be part of your responsibilities. In the realm of Cost Accounting & Analysis, you will accurately calculate and report on Cost of Goods Manufactured (COGM) and Cost of Goods Sold (COGS), analyze variances, determine product costs, allocate overhead costs, identify cost-saving opportunities, and assist in budgeting and forecasting. You will provide insights to management for corrective actions based on your variance analysis. Financial Reporting & Compliance will also be a critical aspect of your role, involving the preparation of journal entries, financial statements, implementation of internal controls, assistance with audits, and ensuring regulatory compliance. Your collaboration with cross-functional teams such as production, purchasing, supply chain, and warehouse will be essential in optimizing raw material management, reducing waste, and enhancing operational efficiency. By preparing detailed financial reports and analyses, you will offer valuable insights to management and contribute to strategic decision-making. To qualify for this position, you should hold a Bachelor's degree in Accounting, Finance, or a related field, with professional certifications like CMA or CPA considered a significant advantage. A minimum of 3 years of experience in an accounting role, preferably within a manufacturing or plant setting, is required. Proficiency in cost accounting principles, accounting software, ERP systems, and advanced Microsoft Excel skills is essential. Your analytical mindset, attention to detail, organizational skills, and ability to work independently and collaboratively will be key competencies for success in this role. Strong written and verbal communication skills, along with a proactive and results-oriented approach, are also crucial. This is a full-time, permanent position with benefits including cell phone reimbursement, health insurance, and Provident Fund. The work schedule is during the day shift or morning shift, with additional performance and yearly bonuses. The work location is in person, with an application deadline of 02/06/2025 and an expected start date of 05/06/2025.,