Accountant

5 days ago

Bengaluru, India SPG Consulting Full time
Job Summary Our client is seeking a skilled Accountant to join their team who will have the opportunity to champion their Analytics COE - Manufacturing Tower – Global Finance Services Division. The incumbent shall independently perform variety of accounting functions and accomplish a high level of compilation of data and detailed analysis of business unit/s results. The role identifies relevant data and data sources, gathers and analyses the information, and provides feedback. Typically, decisions will impact relatively low risk issues and reviewed by a supervisor. From the outset, incumbent is expected to be a contributing performer, doing staff level accounting work that supports business processes. Preference for this role is to be based out of Bangalore, Whitefield Office.
What you will do
These are the wide range of accounting activities those are being performed at COE. Individual Job Duties/Responsibilities may include: and possible areas of responsibility are varied, including:
• Cost system maintenance
• Normals & machine rate development
• Abnormals identification & reporting
• Prime product and/or component cost monitoring & analysis
• Operations and/or product group budgeting and expense analysis
• Capital expenditure forecasting and reporting, • Standard and current cost grief resolution
• Support management with analysis for decision making in various projects and cost reduction programs
• New product Introduction (NPI) comprehensive support which includes determining discounted cash flow (DCF) and Internal rate of return of different projects. • Regional profitability reporting & analysis
• NPI support including future cost, should cost, alternative analyses and strategy.
• OPACC determination & analysis. • Enterprise coordination and/or governance of costing activities
• Product group and/or operational strategy development & execution. • Low-cost producer analysis. • Post implementation audit (PIA) completion
Manufacturing Accounting:
Support management in taking decisions in various projects and cost reduction programs. Cost analysis and root cause of its variance. Participate in business unit book closing and submission of all require input and reports to corporate and stakeholders.
Reporting of inventory metrics to leadership, timely and accurately. Calculation and reporting of Inventory aging, excess, surplus, obsolete etc. per company guidelines.
Balance Sheet review and analysis
Review and analysis of manufacturing metrics
Capital expenses accurate accounting in the Capital Management System (CMS), prepare and evaluate accounting papers, review and approve accuracy of fixed asset and GAAP compliance.
Financial Analysis:
Accomplish a high level of compilation with a broad range of accounting analysis, review data input, advise internal customers on accuracy of cost data, generate reports and provide commentary to leadership on costs accuracy, to serve as a cost governance person. Use of statistical tools – simulations will be required to support decision making. Analysis of P&L statement and balance sheet.
Decision Support:
Support management in taking costing decisions in various projects and cost reduction programs. Helping in estimating various forecast and budget scenarios as needed based on changing business conditions.
What you will have
Requires a certified accountant (CA/CMA) with college degree in accounting and more than 5yrs (Post qualification) in accounting in a manufacturing environment.
Good accounting background, thorough knowledge of accounting flow and related methods of recording in the General Ledger and knowledge in SAP environment (FI, MM & CO Module).
Effective communications skills and a good understanding of computer systems especially in MS-Office and Financial Analytics Tool (Power BI, Tableau etc).
Required Qualification:
In " Group A " C ertified accountant CA/CMA in 2+ years (Post qualification) OR Part Qualified with 6 years of experience, postgraduate or an MBA in accounting in a manufacturing environment in salary - 17 lpa (all inclusive).
"Group B " C ertified accountant (CA/CMA) with college degree in accounting in 5yrs (Post qualification) in a manufacturing environment. OR Part Qualified with 8-10 years of experience, postgraduate or an MBA in Salary – 21 lpa (all inclusive).
" Group C" C ertified accountant (CA/CMA) in 5yrs (Post qualification) in Capital Accounting, Fixed Assets, Planning of Capital , Inventory accounting in manufacturing. Software Side: SAP , Power BI in Salary– 22 lpa (all inclusive).
Top Candidates shall have:
Strong background in accounting, cost accounting, investment analysis, Fixed Asset Accounting. Strong analytical skills are required to perform detailed financial analysis and strategic plans. Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems. Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.
Additional Information:
Our client is 100 year-old American construction, mining and other engineering equipment leading manufacturer seeking to hire skilled professionals for their COE division.
This is FTE (WORK FROM OFFICE ) at Work Location: Whitefield, BLR.
Work timings: 1pm - 10pm (IST)
Our client is an Equal Opportunity Employer (EEO), all qualified individuals, including minorities, females, veterans and individuals with disabilities - are encouraged to apply. Moreover, female applicants are encouraged to apply, aligning with our client's diversity and inclusion objectives.
For quicker consideration, drop applications in subject line for Group A, B or C to Only candidates suitable to the role shall be contacted. However some may be reached out to, at a later date, when a suitable opportunity aligning with your profile arises.

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