Cost Accounting Manager

1 month ago


Pune, Maharashtra, India Johnson Controls Full time
Job Title: Cost Accounting Manager

Johnson Controls is seeking a highly skilled Cost Accounting Manager to join our team. As a key member of our finance team, you will be responsible for ensuring the accurate calculation and review of relevant accruals and reserves.

Key Responsibilities:
  • Ensure the accurate 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.
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 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 present complex information in a clear and concise manner.
  • Ability to multitask, prioritize, and meet deadlines in a fast-paced shared services environment.

Johnson Controls is an equal opportunities employer and welcomes applications from all qualified candidates.



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