Senior Cost Analyst, Divisonal

15 hours ago

Chennai, Tamil Nadu, India Vishay Precision Group Full time ₹ 15,00,000 - ₹ 25,00,000 per year

As a global leader in precision measurement sensing technologies, VPG addresses an expanding array of applications in which accuracy, reliability, and repeatability make the difference. Whether in the design and safety of new generations of cars, trucks, and planes or optimizing advanced medical equipment and consumer products, VPG's deep engineering expertise makes the world safer, smarter, and more productive

We are seeking a highly motivated Senior Cost Analyst to join our Finance team on a full-time basis:

Major Responsibilities:

  • Ensure the standard price update in QAD with proper calculation for Purchase or Manufacturer item number as per budget parameters.
  • Sales Reconciliation including Revenue Recognition along with respective COG's reconciliation including major variance
  • Inventory movement and reconciliation along with physical count March & December including cycle count process.
  • Review the controls required for SOX compliance.
  • To prepare accurate costing for the new relocation & R&D models
  • Inventory obsolescence, Locom, Inventory revaluation impact and Transfer Price adjustment quarterly.
  • To review the Standard Cost and Actual Costs for any inaccuracies in ERP system
  • To validate the cost of goods sold
  • Preparing accurate budget workings based on Bill of Materials for individual product and to analyze for the Top variances, ensuring Transfer Price for each product is very accurate
  • Ensuring Tm1 vs QAD are perfectly matching including analysis major variance of Income statement.
  • Capital expenditure tracking.
Requirements

Academic/Professional Education: Commerce Graduate with qualified ICWA / CA

Relevant Experience: 10 to 12 years' experience in Costing, Budgeting, Accounting

Technical Skills/Knowledge: Knowledge in MFGpro & MS office

Benefits

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