Executive - Costing and Accounting

1 day ago

Vadodara, India Huntsman Full time

Job Description:

- Job Description
- Job Title: Executive
- Costing & Accounting- Location: Baroda- KEY ACCOUNTABILITIES :- Good conceptual knowledge of Standard Costing
- Sound Knowledge of SAP and familiar with T Codes used for processing costing & accounting entries in the system.
- Responsible for finalization of activity rates and release of standard cost on 1st of every year
- Release of Standard cost of new products in SAP.
- Support to the business performance team to provide the costing of new products & analysis of various secondary cost elements.
- Adhere to month-end timetable and key deadlines
- Participate in month-end closing activities and complete all related tasks.
- Responsible for Monthly Costing related closing activities Re-costing, PUP Run, PPV analysis
- Responsible for MIS activities - Forex revaluation, Plant provisions, Reclass entries, Profit & loss account review
- Responsible for reconciliation of Balance Sheet accounts.
- Responsible for preparation of Labour & Overhead reports on quarterly basis and take corrective actions for variance more than threshold limit
- Coordinating with Internal Teams within the Organization during month end to resolve the issues.
- Analysis of Asset Under Construction, capitalization of projects, depreciation
- Preparation of working for Cost Audit including quantitative movement, resolving queries of Cost Auditors
- Support to Statutory and Internal Audit wherever required
- Participate on ad hoc projects.- Prioritized Essential Functions and Responsibilities :- Safety - Ensure own safety and that of team-mates through active involvement in safety programs.
- Financial Data Integrity
- Actively seek opportunities to improve operational efficiency and effectiveness.
- Support ASSC Manager / Manager-Financial Reporting on global/ regional initiatives.- Ensure appropriate processes are in place to underpin the financial integrity of the Huntsman business including:- Compliance with local laws, Sarbanes Oxley, and applicable local, international & US Accounting Standards.
- Appropriate internal controls.
- Completeness, accuracy and timeliness of local GAAP and USGAAP reporting.
- Financial Management Ensure Huntsman business reporting requirements for assigned entities are met, including:- Management reporting (USA and local - including PAW / TM1 actual & forecasts).
- Assist in satisfactory completion and timely lodgment of statutory accounts.
- Assist in management of all audit processes - internal and external.
- Assist in providing financial information to various stakeholders as required.
- Delivery of services consistent with the business services strategy including service level
- Agreements and key performance indicators.- Stakeholders Management-
- Liaison with business management teams (including progress reporting & Business Services representative).- Business Advisory-
- Add value by providing professional service resources to support Huntsman Global Business goals including, S&OP, general accounting support, payroll, and capital expenditure review/authorisation.- Project Management-
- Provide project management for key projects within ASSC or in support of key business opportunities.- Education: Bachelors of commerce, CMA- Experiences: 2-5 years of experience in costing- Know-how/skills:- SAP (Must)
- MS ExcelAdditional Locations:

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