Analyst - Cost Accounting

1 week ago

Pune, India Johnson Controls International Full time


Responsibilities: 
Cost Accounting: 
▪ Ensures calculation and review of relevant accruals and reserves, such as obsolete and slow-moving 
inventory, freight, and other related accruals. 
▪ Perform period end close – absorption accounting, PPV capitalization, variance analysis. 
▪ Manage the month-end close process, ensuring all account reconciliations are performed. 
▪ Maintain / set up annual standard costing systems for plant locations. 
▪ Analyze actual costs versus standard costs, identify variances, and provide explanations and 
recommendations to management. 
▪ Collaborate with finance teams at each plant location to ensure consistent costing practices and policies. 
▪ Support internal and external audits and compliance to accounting standards. 
▪ Prepare and present consolidated financial reports, including cost analysis and inventory valuation. 
Process Improvement: 
▪ Identify areas for process improvement in a shared services environment and develop and implement 
solutions. 
▪ Collaborate with cross-functional teams to streamline processes and enhance efficiency. 
▪ Stay updated on industry best practices and technological advancements in cost accounting within a 
shared services model. 
Qualifications: 
▪ Fully qualified Cost Accountant, CMA or MBA (Finance) with 5 – 10 years of relevant experience in 
accounting for manufacturing locations. 
▪ Proven experience as plant accountant, cost accounting and inventory management, preferably within a 
shared services or multi-plant environment. 
▪ Flexible to work in regional shifts i.e. Americas & EMEA Shift. 
▪ Strong knowledge of cost accounting principles, inventory valuation methods, and financial analysis. 
▪ Experience working with ERP systems and advanced MS Excel skills for data analysis and reporting. 
▪ Excellent analytical skills with attention to detail and accuracy. 
▪ Strong communication and interpersonal skills to collaborate with cross-functional teams and p

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