0 years

1 - 2 Lacs

Posted:2 hours ago| Platform: GlassDoor logo

Apply

Work Mode

On-site

Job Type

Full Time

Job Description

A Manufacturing Accountant in a manufacturing company is responsible for managing and analyzing the financial aspects of production, including costs, inventory, and profitability. They ensure accuracy in financial reporting, assist with budgeting and forecasting, and provide insights to support strategic decision-making. Their role is crucial for maintaining financial stability and compliance within the manufacturing sector. Here's a more detailed breakdown:Key Responsibilities:

  • Cost Accounting:Calculating and analyzing manufacturing costs, comparing standard costs to actual production costs, and preparing reports.
  • Inventory Management:Overseeing inventory valuation, tracking inventory movements, and ensuring accuracy of inventory records.
  • Financial Reporting:Preparing and analyzing financial statements, including income statements, balance sheets, and cash flow statements.
  • Budgeting and Forecasting:Assisting with the development of budgets and forecasts, monitoring performance against budget, and identifying areas for cost reduction.
  • Variance Analysis:Investigating variances between actual and standard costs, identifying the root causes, and recommending corrective actions.
  • Compliance:Ensuring compliance with industry-specific financial regulations and company policies.
  • System Maintenance:Working with IT departments to ensure the accounting system is functioning properly and that data is accurate and reliable.
  • Process Improvement:Identifying opportunities to improve accounting processes and procedures.
  • Collaboration:Working with other departments, such as production, purchasing, and sales, to gather information and support business operations.
  • Financial Analysis:Providing financial analysis to support decision-making related to production, pricing, and investments.

Essential Skills:

  • Financial Reporting: Strong understanding of financial reporting principles and practices.
  • Cost Accounting: Expertise in cost accounting methodologies and techniques.
  • Budgeting and Forecasting: Experience in developing and managing budgets and forecasts.
  • Variance Analysis: Ability to analyze variances and identify their root causes.
  • ERP Systems: Proficiency in using enterprise resource planning (ERP) systems, such as SAP or Oracle, which are commonly used in manufacturing.
  • Microsoft Office Suite: Strong skills in using Excel and other Microsoft Office applications.
  • Analytical Skills: Ability to analyze financial data, identify trends, and provide insights.
  • Communication Skills: Ability to communicate financial information clearly and effectively to both financial and non-financial audiences.
  • Problem-Solving Skills: Ability to identify and solve financial problems.
  • Attention to Detail: Meticulous attention to detail is crucial for maintaining accurate financial records.
  • Organizational Skills: Ability to manage multiple tasks and prioritize effectively.
  • Teamwork: Ability to work effectively as part of a team.
  • Adaptability: Ability to adapt to changing business needs and priorities.

Contact - 9310699721

Job Type: Full-time

Pay: ₹10,000.00 - ₹20,000.00 per month

Schedule:

  • Day shift

Work Location: In person

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now

RecommendedJobs for You