Costing Specialist - CA - Tier1 Automotive

We are Hiring for Product Costing Specialist. We need a CMA Qualified or CA or CA Inter worked in a Automotive or Manufacturing Industry around Chennai and Tamilnadu

EXPERIENCE

Inventory Valuation & Control: Led stock revaluation, inventory reclassification, and provisions for obsolescence to ensure accurate valuation, reporting, and compliance with SOX controls.

Cost Analysis & Variance Reporting: Conducted detailed variance analysis and rectified 40%of the variances, analyzed deviations from standard costs, and provided monthly volume &absorption reports to optimize cost efficiency.

Financial Reconciliation & Reporting: Managed Inventory GL reconciliations, Unrealized Profit(URP) eliminations, Material Ledger closing, and process order settlements which leads toreduction of 55% of variances, ensuring accurate financial reporting.Business Support & Decision-Making: Delivered quarterly internal/external inventory reports,provided ad hoc costing analytics, and supported management with month-end tasks andstrategic cost insight

Activity cost calculation and Overheads & variance analysis quarterly. Updating of activityand OH rate in SAP based on the calculation achieved 95% of the abosrptionPreparation of Cost sheet for new articles after ensuring BOM, material price activity andOverheads

Submit New article MRP Proposal to the management on time.Timely completion of Valuation & release the cost estimate. Completion of cost release forall material - month end.Profitability analysis and reporting of cost impact & margin variance monthly. Reporting ofconsumption variance of all level material within stipulated periodEnsure clearing of production order confirmation and GR variance .Production ordersettlement -Month end processIdentification & implementation of cost reduction system (Kaizen).

SKILLS

Management decision-making through costing technique

Forecasting and budgeting

Product costing Ad hoc-Reporting to management

Stakeholder ManagementNumerical

SAPMicrosoft packages(Excel,Word,Powerpoint)Typewriting (English) in 2018