Overview
About Enerpac Tool GroupEnerpac Tool Group is a premier industrial tools and services company serving a broad and diverse set of customers in more than 25 countries. The Company's businesses are global leaders in high pressure hydraulic tools, controlled force products and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Milwaukee, Wisconsin in the United States. Enerpac Tool Group trades on the NYSE under the symbol EPAC.Our vision is to be our customer's preferred partner through relentless innovation of industrial tools and services that help them safely and reliably tackle their toughest jobs around the world.For further information on Enerpac Tool Group and its businesses, visit the Company's website at https://www.enerpactoolgroup.com/Business ContributionEnsuring efficient use of resourcesProviding insights into informed decision-makingMaintaining effective and cost systemsSupporting strategic planningEnsuring compliance with regulationsEnhancing reporting for better performance trackingImprove 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 goodsConducting analysis of all costsInteract with the Production team to discuss opportunities for improvementPlay an active role in costing new productsInventory AccountingDevelop and manage Annual Budgets, Variance Analysis and Yield analysisInteract with the Production team to ensure Bills of Materials (BOM) are accurate and up to date.Month Close Activities and Preparation of Multiple MIS ReportsInventory Valuation for Statutory and US GAAP auditCost Records Preparation and Cost Audit Requirements for India EntitiesSOX & Other Compliances for All India EntitiesGood Interpersonal skills with adaptability and continuous learning attitudeFlexibility to adapt to new tools and technologies
Education And Experience
Education: B. Com, CMA, CPA, CA or Semi Qualified professionalsExperience: 7 to 10 years of cost accounting experienceExperience 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 doINTEGRITY - 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 changingWhat we offerOur 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.
- Benefits & Perks vary by Country.
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If you're looking for a unique, exciting career with variety and potential for growth, Enerpac Tool Group offers challenges & extraordinary rewards for people on a global scale.Never Compromise - choose ETG!
