Cost Accountant

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Skills you'll use

What you'll do

• Preparation of cost sheet and product wise profitability statement.
• Monthly track of POC progress as per revenue policy and IndAs.
• Analyze cost of products at various levels from bidding stage till sales is recognized and regular update to the management on the variances in margins on a timely manner.
• Explore and analyze root causes for low margin products and propose process changes to improve margins.
• Review the existing costing process and procedures, suggest for any changes. Establish new process in line with cost accounting rules and internal policy.
• Review of information provided by operations to be used as a base on Costs and Margins for Percentage-of-Completion and Point-in-Time projects.
• Work cross-functionally with Supply Chain, Manufacturing, Planning, Project Management, and Engineering to complete all job responsibilities on a timely basis.
• Continuous review and analysis of hourly rates, overheads, absorption levels and reporting the reasons, suggest improvements to reduce the variances.
• Analysis, comparison and reporting of material consumption and production hours against plan/forecast at overall products.
• Contribute to process improvements regarding all aspects of production cost accounting and related reporting.

Who can apply

• Preparation of cost sheet and product wise profitability statement.
• Monthly track of POC progress as per revenue policy and IndAs.
• Analyze cost of products at various levels from bidding stage till sales is recognized and regular update to the management on the variances in margins on a timely manner.
• Explore and analyze root causes for low margin products and propose process changes to improve margins.
• Review the existing costing process and procedures, suggest for any changes. Establish new process in line with cost accounting rules and internal policy.
• Review of information provided by operations to be used as a base on Costs and Margins for Percentage-of-Completion and Point-in-Time projects.
• Work cross-functionally with Supply Chain, Manufacturing, Planning, Project Management, and Engineering to complete all job responsibilities on a timely basis.
• Continuous review and analysis of hourly rates, overheads, absorption levels and reporting the reasons, suggest improvements to reduce the variances.
• Analysis, comparison and reporting of material consumption and production hours against plan/forecast at overall products.
• Contribute to process improvements regarding all aspects of production cost accounting and related reporting.

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