Cost Accounting Director

3 days ago


Chennai, India Sutherland Full time

Are you a qualified CMA (ICWA) (mandatory) professional with more than 20 years of work experience and a results-driven individual capable of managing complex accounting routines, leading a team, and driving operational improvements while maintaining a high standard of accuracy and collaboration?If you are a seasoned cost accounting professional with a passion for process excellence and global operations, we encourage you to apply.This role is based in Chennai and it is a work from office role where you would be primarily working in US hours (5pm IST to 2am IST).Job Summary:We are seeking a highly experienced and detail-oriented Senior Cost Accounting Manager with over 20 years of experience in financial and cost accounting, inventory management, and financial close processes. The successful candidate will manage key costing routines, oversee financial close procedures, and collaborate with cross-functional teams to ensure accurate reporting, compliance, and timely issue resolution. The ideal candidate will have significant expertise in global inventory control, accounting for future obligations (e.g., warranty provisions), and driving process improvements to ensure operational efficiency and accuracy.Key Responsibilities:Cost Accounting & Routine Management:Oversee daily, weekly, and monthly costing routines to ensure they are completed timely and accurately.Manage and improve the financial close checklist, ensuring all tasks are completed without delays, especially in high-pressure periods.Identify and address bottlenecks and inefficiencies in costing processes, ensuring smooth execution and minimal disruption.Financial Close & Journal Entries:Ensure proper accounting for inventory, including handling cut-off control and accurate journal entries for period-end close.Monitor and manage the creation of journal entries and reconciliations, ensuring they are done in a manner that supports future reporting needs.Ensure all financial close activities are completed per deadlines and that all reporting is accurate, particularly related to inventory and cost reporting.Inventory Control & Reporting:Oversee global inventory validation processes, including vendor validations, physical inventory counts, and coordination across multiple time zones and locations.Ensure timely and accurate reporting on inventory metrics, including inventory turns and general inventory reporting.Work with operational teams to ensure inventory accuracy and resolve discrepancies post-close.Provisions, Reserves & Future Obligations:Manage and



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