Assistant Manager - FA Job Summary
Education Qualification: Education Type: Specialization: Not Available
Job Summary:
We are seeking a detail-oriented and strategically minded Finance Accounts person to join our team. The ideal candidate will be responsible for managing the financial bookkeeping of our company, handling a wide spectrum of tasks including processing invoices, managing payroll, and preparing financial reports. This role is pivotal in supporting our companys financial decisions by providing accurate data and analysis.
Job Purpose:
1) Developing inventory analysis reports and analysing variances ; Assisting in the improvement in internal controls related to inventory2) Verifying accurate standard costs; Monitoring inventory transactions; Reconciling inventory accounts to the general ledger ; Preparing monthly journal entries as needed3)Providing the detailed cost information that management needs to control current operations and plan for the future4)Managing Inventory costs is important as they can be a substantial cost of doing business, and may vary
Job Responsibilities:
- Administrative / Co-Ordination - 1) Co-ordinate with various program teams to analyse, present the financials ; with HR team for manpower costs
- People Related - 1) Co-ordinate with SCM team for monitoring analysing inventory cost
- Execution / Implementation - 9)Implement cost allocation process and cost centre wise activity rate calculation. ;Calculation of product cost wrt to production orders and programme wise cost.
- Execution / Implementation - 8)Conduct monthly inventory reconciliations
- Execution / Implementation - 7)Analyse inventory for slow moving and potential obsolete items; Review and analyse inventory obsolescence
- Execution / Implementation - 6)Prepare cost accounting reports for presentation to management
- Execution / Implementation - 5)Lead physical inventory processes
- Execution / Implementation - 4)Provide reporting and analysis for the manufacturing activity including productivity, forecasting, budgeting, absorption, inventory and operations planning
- Execution / Implementation - 3)Develop new labour and overhead rates, budgets, and forecasts; Accounting for material, labour and overhead variances
- Execution / Implementation - 2)Analyse actual labour, material, and overhead cost against standard; researching and explaining variances
- Execution / Implementation - 1)Perform all cost accounting activities; standard cost development, margin and cost ratio analysis, inventory control and variance analysis
- Strategic - 3) Analyse and Monitor the cost and inventory controls, policies, standard procedures and systems to achieve accurate financial inventory information.
- Strategic - 2)Establish/maintain product costing standards including preparation of labour and overhead rates and material standards
- Strategic - 1) Devise methodology for managing and maintaining standard costing system
Skills:
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