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Cost Accounting Manager

Cost Accounting Manager

MKUIndia
9 days ago
Job description

The role is to analyze and monitor the cost of production, operation, and services. The role would be preparing cost reports, and providing cost analysis to management for forecasting, budgeting, decision-making for cost optimization and maximizing profits.

Develop and maintain cost accounting policies and controls that ensures accurate cost allocation, tracking and reporting

Study and collect data to determine costs of business activities such as raw material purchases, inventory, labor, and overheads

Prepare costing for projects during bidding

Prepare pre-production costing and actual costing for all projects

Review and analyze standard and actual costs for variances monthly

Prepare monthly manufacturing expense report for all MKU facilities

Prepare periodic inventory reserves reconciliation, analyzing inventory for risk, and monitoring with support from internal stakeholders

Prepare and analyze stock ageing report, stock allocation report

Prepare, analyze and report monthly gross margin analysis by customer, part number and production jobs

Prepare monthly plant wise reports on reworks and rejections

Analyze changes in product design, raw materials, manufacturing methods, or services to determine effects on costs

Assist in month-end and year-end closing by analyzing inventory and preparing supplemental reports as needed

Support the budgeting and forecasting process by providing cost-related inputs and analyzing cost trends and impacts

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