160 Inventory Valuation Jobs - Page 7

Job TitleSenior cost accountant Job Code HREQ2017/12/66 --> Job Location Kolkata Experience 10-12years Gender Male/ Female Job Details Required a senior cost accountant for a reputed firm having 10-12yrs experience with salary 15-25 Lakh per annum and should possess a cost accountant degree Salary Per Year 15-25LPA Apply Now

Company profile: Golden Peakock Group is one of the leading manufacturers in India of Decorative Lighting Components, Prcised Turning parts, Sheet Metal products, extruded parts, Die Casting components, Lamp Shades, Lamp Bases & Wire Rope Suspensions systems since 1948. The companys corporate office is in NSEZ, NOIDA (U.P) along with a manufacturing facility in NOIDA (U.P) & Jamnagar (Gujarat). Job Summary: We are seeking a detail-oriented and analytical Cost Accountant to join our manufacturing unit, preferably with experience in an export house. The ideal candidate will be responsible for accurate cost tracking, shipment-wise reconciliation, and supporting cost optimization initiatives using SAP B1. Reports to: Chief Financial Officer Qualification: ICWA (Inter) or PG in commerce. Experience: 2 to 3 years in costing for a manufacturing unit, preferably in an export house Location: NSEZ (NOIDA) Key Responsibilities: Maintain and analyze cost records for raw materials, labor, and overheads. Prepare standard cost sheets and conduct variance analysis with actionable insights. Perform shipment-wise reconciliation of cost vs. realization for export orders. Work closely with production, stores, and export documentation teams to monitor BOMs, WIP, inventory valuation, and dispatch costings. Assist in product costing, profitability analysis, and cost optimization strategies. Generate periodic cost reports and MIS for management decision-making. Ensure proper cost allocation and compliance with cost accounting standards and internal controls. Support budgeting, audits, and year-end closing processes. Efficiently use SAP B1 for cost tracking, reconciliations, and reporting. Skills Required: ICWA (Inter) or M. Com /MBA (Finance). Hands-on experience in shipment-wise costing and reconciliation. Proficient in SAP B1 and MS Excel. Strong analytical mindset with good interpersonal and coordination skills.

Ability to handle general cost accounting Inventory evaluation Ability to work on advance excel and SAP MIS reporting Analytical Skill Required Candidate profile Knowledge of SAP and MS Office Experience in Manufacturing Industries and manufacturing process Good communication skill Analytical Skill

Ensuring efficient use of resources Providing insights into informed decision-making Maintaining effective and cost systems Supporting strategic planning Ensuring compliance with regulations Enhancing reporting for better performance tracking Improve process and operational performance of the entities What you will do: Data Analysis & Cost Management: Collect and analyze daily operational costs Establish standard costs for materials, labor, and overhead Compare standard and actual costs to identify discrepancies Reporting & Insights: Prepare variance analysis reports (PPV, material revaluation, labor efficiency, exchange rate variances) PPV Analysis Provide insights to stakeholders on variances Assist in month-end closures and account reconciliations Collaboration & Optimization: Collaborate with cross-functional teams for cost-related information Recommend cost-saving measures and process improvements Calculate overhead rates for direct and indirect costs in manufacturing and trading Distribute indirect costs (utilities, maintenance, depreciation) to products Inventory & Audits: Lead year-end cost rollup activities, including transfer prices and revaluation impact Monitor inventory levels, conduct audits, and ensure accurate records Report to top management on sales vs plan, inventory analysis, and expense trends Budgeting & Forecasting: Assist in creating annual budgets and financial forecasts Analyze actual performance against budget and forecast Compliance & Audits: Act as key contact for external auditors and finalize statutory financial statements Work with local and regional management to include necessary information in financial statements What makes you an ideal candidate: Experience in Plant Costing and Product Costing Maintaining standard costs of raw materials, packaging, machines, and finished goods Conducting analysis of all costs Interact with the Production team to discuss opportunities for improvement Play an active role in costing new products Inventory Accounting Develop and manage Annual Budgets, Variance Analysis and Yield analysis Interact with the Production team to ensure Bills of Materials (BOM) are accurate and up to date Month Close Activities and Preparation of Multiple MIS Reports Inventory Valuation for Statutory and US GAAP audit Cost Records Preparation and Cost Audit Requirements for India Entities SOX & Other Compliances for All India Entities Good Interpersonal skills with adaptability and continuous learning attitude Flexibility to adapt to new tools and technologies Education: BCom, CMA, CPA, CA or Semi Qualified professionals Experience: 7 to 10 years of cost accounting experience Experience in GCC, Finance Center of Excellence or Shared services Enerpac Tool Group Values: Be an ambassador for the businesses and ensure that Enerpac Tool Group Values always come first: SAFETY - Safety is our highest priority and is at the heart of everything we do INTEGRITY - We will act with honesty and transparency and always do the right thing OWNERSHIP - We will own our commitments, act with a sense of urgency, and deliver what is expected of us on time, or ask for help early enough TEAMWORK - We will act as one Enerpac team, operate with an enterprise-wide mindset, and support each other to deliver for our stakeholders AGILITY - We will act with purpose and speed, and we will adapt quickly to changing What we offer Our employee benefits include flexible workplace policies, employee resource groups, learning and development resources, career progression pathways, and community engagement initiatives are some of the reasons why we have had great success in bringing in new talent In addition, our global employee wellness programs are crafted to support the physical, emotional, and financial well-being of our employees

Position :- Inventory Executive Job Location :-Chandigarh(Try City) Role & responsibilities - Look after multiple stores in the region with inventory metrics. - Inventory audit to be conducted periodically as per process. - Troubleshoot for Inventory related issues if any store is struggling in the region. - Inventory related process adherence in the region. - New store launch set up coordination. - Fixed assets of the stores audit as per schedule defined in process. - For New stores need to streamline the SOPs. Preferred candidate profile - Strong Knowledge of Inventory management. - Only from Large format Retail/ FMCG/ E-Commerce - Good in Communication & Presentable. - Minimum Experience required 2 Years (Inventory Management). - Immediate joiners.

Skills Accounts Presentation Skills Minimum Qualification ICWA Chartered Accountant CERTIFICATION No data available 1) Job Purpose: Write the purpose for which the job exists (in 2-3 lines) To prepare various cost reports & extend support to SH Accounts in analysis of actual cost in different ways w.r.t. budget, last month, last years and working out for reason of variation to identify area of optimization in manufacturing cost. Cost working includes manufacturing fixed cost, variable cost and operating parameters of the plant and various component of working capital. 2) Job Major Challenges: Write the specific aspects of the job that provide a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section Major Challenges: - (1) To keep abreast with the changes in tax and other statutory and legal compliances to avoid any noncompliance and liability. (2) To improve Financial awareness of employees to utilize new and existing softwares with accuracy mentioning proper GL Code, Cost Centre, budget forecast and expenses. (3) To keep the manufacturing cost withing defined budgets considering ever increasing material cost. (4) To cater the manpower deficiency as per new structure and shifting of manpower to UKSC by effectively utilizing existing manpower. (5) Ensuring accuracy/ timely compliance in view of the high volume of transactions. 3) Key Result Areas: Write the key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4- 7 key result areas) Key Result Areas / Accountabilities Supporting Actions Cost Analysis Report - PMS Costing Report - Prepare MIS- Daily report, weekly cost report (Flash), monthly cost reports (PMS) covering variable, fixed cost, plant parameters for review of the management. -Collection of data from different departments and calculate, analyze variable & fixed cost of Clinker & Cement with respect to budget, last month, last year. -Prepares regularly trend of plant Key performance parameters, compare all cost component with other group units for bench marking and to identify area of improvement. -Prepare variance analysis report of manufacturing fixed overheads and variable overheads with respect to budgeted cost. -Accuracy in data and timely submission of various report as per defined timelines by mgt. Periodic financial reports - MPR Presentation and Review Reports for Cluster head, CMO & MD -To prepare Monthly Plant performance report (MPR) to present department wise analysis of cost variances with respect to budget allocated to that particular department for the production of clinker and cement & other activities associated with manufacturing cost of cement. - Prepare report for Cluster head, CMO & MD review as per their direction and various other reports including manufacturing council report, time to time for management decision to optimize manufacturing fixed & variable cost. -Accuracy in data and timely submission of various reports as per defined timelines by mgt. Inventory valuation report -Prepare Quarterly inventory valuation of Finished goods & work in progress according to Ind AS2. -Prepare process costing and giving effect in SAP through stock valuation (MR 22). Preparing Flash & Weekly Costing Report -Prepare weekly Flash cost reports by collecting provision from various departments & analyzing and summarizing provisional data. Budget & Other reports - Enter & syn actual cost data with TM1 Budgeting Software & TM1 Monthly costing report to analyze actual variable and fixed cost of clinker & cement. -Prepare various MIS reports as per management requirement from time to time such as water cost, misc. power cost, material handling cost, misc. administrative cost, in support of review of overhead cost to identify area of improvement. -Mines Cost Report - to calculate the per MT cost of limestone and to enable Mines dept to file monthly return and analyze reason of deviations. -Power generation cost Prepare the detailed power generation cost to optimize performance parameters. SHE (Safety, Health & Environment) along with Sustainability initiatives '- Ensuring 100% compliance of all safety standards and all applicable recommendations related to their concerned area. - Educating team about I know my job, I know the hazards associated with my job and I applied control measures & I escalate to my senior among manpower deployed in sections/department manpower including peer, WB & CL manpower - Timely conducting scheduled SO round and reporting of accidents, incidents and near misses on occurrences in the area of concern in system. - Active participation in safety training, safety sub committees, standard champions meeting and any safety event. - Ensure good housekeeping, limited use of power, no leakage of water, oil, air etc. and reporting concerned if any abnormalities for corrective action. - Adhering of all safety precautions on the site and off the site - Replicating good practice for saving environment for long run sustainability and creating awareness among manpower to save guard natural resources. System Management (Effective implementation of all IMS and other systems requirements through involvement for continuous improvement in plant working condition & quality standards) -To implement improvement project to reduce repetitive problems/breakdown or losses. -Timely submission of Kaizen, OPL, Good to fine, suggestion on system -Developing and sustaining Model area in respective sections -100% active participation in respective KFA & GRT meetings and giving inputs related to bring new technology, innovation, and improvements towards productivity. Conduct awareness program down the level team -To know about IMS and other systems requirement and documents for Non-Conformity in section during internal and external audits or assessments. -Implementation of critical spares & consumable SOP without any defilement - Identify & arrange rectification of leakage points/unsafe points along with monitor & take corrective action for emission levels.

Role: The Accounts Executive in the Laboratory Store is responsible for managing procurement, vendor coordination, stock receiving, and inventory tracking for all laboratory-related materials and consumables. This role ensures accurate documentation of transactions, timely replenishment of supplies, and supports smooth operational functioning of the lab. Key Responsibilities: Purchase & Procurement: Raise purchase requisitions based on stock levels and lab requirements. Obtain quotations, compare prices, and prepare purchase orders in coordination with the purchase/accounts team. Ensure timely procurement of lab consumables, reagents, and equipment. Vendor Handling & Coordination: Maintain effective communication with lab vendors and suppliers. Follow up on order deliveries, payment processing, and issue resolution. Maintain an up-to-date vendor list with contract terms, pricing, and contact details. Stock Receiving & Verification: Receive incoming lab materials and verify against purchase orders and invoices. Check for quantity, expiry, batch numbers, and quality compliance. Document discrepancies and coordinate with vendors for replacements/returns if needed. Inventory Management: Update stock entries in inventory management software or manual registers. Monitor stock levels and maintain minimum and maximum inventory thresholds. Conduct regular stock audits and reconcile physical stock with system records. Documentation & Record Keeping: Maintain purchase records, delivery notes, GRNs (Goods Receipt Notes), and invoices in an organized manner. Ensure all transactions are properly recorded for audit and compliance purposes. Coordination with Lab & Accounts: Liaise with the laboratory team to forecast usage and consumption trends. Share stock usage reports and coordinate with accounts for vendor payments. Expiry & Batch Monitoring: Track expiry dates of reagents and consumables and ensure timely utilization or disposal. Maintain records of batch-wise inventory as per quality control protocols. Compliance & Safety: Follow lab safety protocols during the handling and storage of chemicals and reagents. Ensure compliance with relevant procurement and inventory control policies. Preferred candidate profile Education: BCom

Roles and Responsibilities: Prepare and analyze product cost sheets , monitor cost variances, and assist in standard costing implementation. Maintain accurate cost records in compliance with ICWA/CMA regulations and internal policies. Conduct monthly costing reports , cost center analysis, and provide actionable insights to management. Support budgeting and forecasting by analyzing cost drivers and identifying cost-saving opportunities. Perform regular inventory valuation and reconciliation for raw material, WIP, and finished goods. Verify and audit Bill of Materials (BOMs) to ensure alignment with actual consumption. Collaborate with production, purchase, and stores departments to ensure accurate cost control and efficiency tracking. Assist in cost audits , internal audits, and preparation of cost audit reports as per statutory norms. Work on ERP platforms (SAP/Oracle/Tally) for cost-related entries, analysis, and reporting. Support management in pricing decisions , product profitability analysis, and cost optimization initiatives.

Hi, We are hiring for the Leading ITES Company for Lead and Manager in Inventory Accounting Profile. Job Description: Minimum 5 to 10 Years experience in accounts payable, Accounts receivable Process, review, and work the daily Inventory costing reports and processes Balance weekly the inventory system report to the general ledger Assist with resolving inventory transfer differences between warehouses including preparing manual JEs as needed and account reconciliation Review open payable balance in prompt for warehouse transfers to ensure all receipts are reconciled timely Support/provide inputs for internal/external audit Ensuring delivery of the transitioned process as per SLA Account Analysis- balance sheet and P& L accounts Calculating Inventory Valuation Reserves Track and manage the companies inventory. This includes maintaining inventory records, conducting physical inventory counts, and reconciling inventory records to physical counts. Ensure that inventory levels are accurate. This includes identifying and correcting inventory errors, and recommending inventory levels based on sales forecasts and demand. Properly account for inventory. This includes ensuring that inventory is properly classified and valued and that inventory transactions are recorded in accordance with generally accepted accounting principles (GAAP). Minimize inventory costs. This includes identifying and implementing cost-saving measures, such as vendor consolidation and inventory optimization. KRA- Detailed knowledge of GL process and Accounting Experience Experience of working in Oracle, SAP Working knowledge in MS Office, especially MS Excel / Process Maps Balance Sheet Bank Reconciliation Accounts Receivable Accounts Payable Tally ERP Critical Skills Required: Graduation in Commerce / MBA (Finance) Strong understanding of inventory accounting principles and procedures. Excellent analytical and problem-solving skills. Spreadsheet skills to manipulate large quantities of data; knowledge of PivotTables and VLOOKUP functions. Ensure Global internal controls are completed daily and internal controls are adhered to. Maintain service level with customer base Measure progress against SLA and consistently satisfy customers in a metrics-focused organization Assist Specialist with maintaining and exceeding Operation Excellence, ensuring full compliance with internal and external audit reviews. Provide reporting to management on issues, projects, and processing statistics Carry out tasks to develop and attain team objectives. Participate in daily team huddles and Monthly team meetings Experience in Oracle is required Knowledge of quality initiatives required To Apply WhatsApp 'Hi' @ 9151555419 and Follow the Steps Below: a) For Position in Chennai Search : Inventory Accounting Chennai (Job Code # 219) a) For Position in Chennai Search : Inventory Accounting Chennai (Job Code # 220)

Role & responsibilities : Timely finalization of time and yield standards in discussion it Plant team Inundation of annual standard batch costing as per approved time and yield standards, approved Plant budgets and approved Purchase budgets ensuring accurate standard product costing to estimate the annual product cost and giving correct numbers to the management. Weekly batch time and yield report variance report and adherence to weekly time and yield standards and reasons for variances Weekly batch costing report- Variance analysis for standard vs actual cost variance - Variance analysis for negative batches. Discuss with Plant team to eliminate the variances Be the lead for the budgeting and Latest Estimates for Plant costings and overheads and tracking the actual v/s budgets v/s LE SKU level cost analysis - Month to Month cost comparison and analysis and to provide month on month cost trend to check cost trends and find the reason for variances and report to management Material inflation report- Reconciliation of item level batch costing on monthly basis. To check material purchase rate actual vs budgeted and analyze reason for variances for increase or decrease than budgeted New product COGS computation based on the standards and BOM available and to provide cost for new products that are to be shared with internal stakeholders. Implementation of Revised costing in ERP as per new cost consultant initiatives and guidelines and to make ERP costing more effective and allocate maximum cost as direct cost to the materials Initiative to control and reduction per unit product cost - Keep on monitoring extra losses and wastages and discuss with plant team to reduce these losses Preferred candidate profile CMA Completed If interested kindly drop me your CV sinky.s@head2hire.com / 8448080425