Manager Cost Accounting

Manitowoc · Pune

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Job Description –

1. Financial Closing, Reporting & Compliance

Manage monthly closing of SAP FI & CO modules
Handle inventory closing (E&O, FIFO, valuation) and production order settlement & reclassification
Address group reporting queries
Support statutory and cost audits (schedules, financials, FAR) and perform break-even analysis)

2. Inventory & Operations Finance Management

Control perpetual inventory and support physical verification
Conduct inventory ageing analysis
Support new inventory transactions in SAP
Provide cost inputs for operational cost-saving initiatives

3. Budgeting, Forecasting & Costing

Coordinate annual planning and P&L preparation
Ensure accurate and timely forecasting submissions
Manage standard costing, activity rates, surcharge rates, and inventory master data
Execute annual standard cost runs and maintain costing for new/existing materials
Prepare model-wise costing sheets

4. SAP, Costing & Process Improvements

Resolve costing-related SAP/system issues
Support product costing changes (including procurement scenarios)
Drive initiatives like inventory automation and costing improvements

5. Cross-Functional & Treasury Support

Support internal teams with financial and SAP costing-related queries
Assist procurement in ensuring standard cost accuracy
Handle material creation and cost updates in SAP
Review BG, LC, and payment files and support treasury controls

6. Specialized skills:

Good knowledge of Accounting and SAP
Understanding of Indian tax structure (Direct & Indirect taxes) with knowledge of tax compliances
Should understand and be able to perform Balance Sheet reconciliations
Should have faced internal and external audits and be able to understand the SOX compliance requirements
Should understand and be able to perform costing activities

7. Behavioural Attributes:

Good communication skills
Fluent English and local India language - both spoken and written
Positive attitude, customer focussed and results oriented
Good team player

This role focuses on end-to-end financial management, including SAP-based financial closing, inventory accounting, and cost control. It supports budgeting, forecasting, and standard costing processes while ensuring compliance with audits and reporting requirements. The position also collaborates cross-functionally to improve costing accuracy, streamline SAP processes, and enhance operational and inventory efficiency, along with providing support in treasury-related activities.

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