Cost Accounting Specialist

2 weeks ago


Pune, Maharashtra, India Johnson Controls Full time
Job Summary

We are seeking a highly skilled Cost Accountant to join our team at Johnson Controls. As a key member of our finance team, you will be responsible for ensuring accurate and timely financial reporting, as well as identifying areas for process improvement in our shared services environment.

Responsibilities
  • Ensure accurate and timely calculation and review of relevant accruals and reserves, including obsolete and slow-moving inventory, freight, and other related accruals.
  • Perform period-end close, including absorption accounting, PPV capitalization, and variance analysis.
  • Manage the month-end close process, ensuring all account reconciliations are performed.
  • Maintain and 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.
Requirements
  • 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, including Americas and EMEA.
  • 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.


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