Cost Control Manager

Role Overview

Manager – Costing will report to Finance Head/Director Finance and partner in cost accounting of the company as per policies.

Key Deliverables –

Cost & MIS:

- GL Control & Reporting- Product Costing

- Preparing & reporting – Per MT analysis for paper business, BCS, PPM, Yield & inventory cost analysis

- Cost loading and FG/SFG valuation

- Daily Dashboard preparation

Book Closing-

- Passing all monthly closing entries

- Provisions

- Working out cost loading details, accurately & timely.

Key Controls:

- To do material balancing with yield analysis.

- To Ensure that all invoiced jobs for plant(s) are closed in the system at month end.

- To remove inter division sale profits.

- To ensure proper accounting of CWIP - SIP jobs at plant(s)

Inventory:

- Working out proper inventory valuation & passing appropriate monthly entries.

- To do reconciliation of Fact & Inventory (Inventory module vs GL reco). to verify with movement analysis report.

- Inventory reconciliation on timely basis with GL

- Inventory ageing

- FIFO preparation for Major raw material items

Compliance: Reporting to different agencies - Income tax, NSSO, RBI.

Fixed Assets:

- To ensure capitalization is done for assets which are put to use/ get certification from plant. Get formal certification about commissioning.

- Ensuring assets are created with appropriate details & tagging.

- To work out monthly depreciation & passing relevant entries.

- To ensure Spine software and GL are tallied.

- To prepare Asset Movement Analysis.

Income Tax (3CD Details, IT Depreciation, Details for IT scrutiny assessment, Details for Transfer Pricing)

This position has Internal working relationship with:

- Finance Team: Ensuring & supporting timely closure of books

- Top Management: Provide reports

This position has External working relationship with:

- Govt Agencies: To resolve relevant information

- Consultants/advisors: coordinate for various tax matters.

Company policies & Statutory Compliances

- Direct, control and monitor adherence to all legal and statutory Compliances.

- Responsible for implementing company’s Ethics and Code of Conduct and other Corporate policies

Environment, Health & Safety

- Ensure implementation of safety, environment & health standards / compliance under the Factories and various Acts and in line with company policies

- Ordinating and ensuring the personal safety of all employees in the Industrial area and also

employees of subcontractors.

- Ensure the safety of all employees in the plant and also that of subcontractors

Educational Qualifications: CMA/ICWAI or MBA – finance

IT skills: Hands on experience on Microsoft Navision ERP, MS-Office & Excel,

Experience:

• Should have 7+ years relevant experience

• Exposure on HFM (Hyperion Finance Management)