Cost Accountant

5 - 9 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Cost Accountant, you will be responsible for performing various tasks related to inventory management, cost accounting, and financial reporting in a manufacturing environment. Your primary duties will include: - Executing month-end journal entries to close inventory and cost accounts - Reconciling inventory records and generating reports, including inventory turns analysis - Updating worldwide inventory standard costs in Oracle system - Amortizing capitalized variances by calculating and preparing journal entries - Developing inventory reserve calculations - Leading and participating in cost and inventory projects within Oracle - Addressing auditors" queries on specific items relevant to your responsibilities - Conducting inventory and distributor audits which may involve travel - Managing zero cost updates and cost roll-ups for Bill of Materials (BOM) - Reviewing and approving Discrepant Material Requisition (DMR) - Overseeing customer sample accrual process - Potential future expansion into revenue and Accounts Receivable (A/R) duties as needed To qualify for this role, you should possess the following qualifications and skills: - A degree combined with a professional qualification such as Chartered Accountant (CA) or Cost Accountant (CMA) - 5 to 7 years of experience in cost accounting within a manufacturing setting - Proficiency in cost accounting principles, practices, and procedures - Advanced Excel skills are necessary, while experience with Oracle is advantageous - Previous experience in accounting period-end closings - Any additional background in high-tech or semiconductor industries would be beneficial - Knowledge or experience in other areas of accounting, such as General Ledger (G/L), revenue, or Accounts Receivable (A/R), is a plus In summary, as a Cost Accountant, you will play a crucial role in managing inventory costs, financial reporting, and contributing to the overall financial health of the organization. Your expertise and skills will be essential in ensuring accurate accounting practices and supporting the company's operational efficiency.,

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