Assistant Vice President – Cost Accounting
Location : CHENNAI , Pref from Largo BPO
Domain : Health care
The Assistant Vice President – Cost Accounting will directly report to the CEO and in his absence the CSO in liason with the CFO and is responsible for the Organization’s Financial Management System, Accounting procedures and report the annual accounts, expenditure and profit including dividends, if any and others. Calculating Consolidated Cost for financial and physical view. Monitor integrity of daily and monthly closing processes/jobs, including consolidated cost, release, inventory obsolescence and analysis and validation. The role also requires for future market capitalization as and when required by the Board of Directors to execute and administer such strategic changes.
Job Description:
- Plan, organize and direct all the activities of the cost accounting function
- Prepare, analyze and report weekly, monthly, quarterly gross margin analysis by
Processes
- Manage day to day operations of the existing cost accounting function from management of current rates to monthly close and analysis
- Manage the transition from the existing cost environment to a new standard cost system
- Identify, hire and develop in-plant cost accountants
- Proactive analysis of variances and communication of issues and opportunities to Leadership team.
- Develop metrics and tracking system for major cost drivers
- Assist in month-end closing, prepare journal entries as necessary, and analyze inventory evaluation, inventory roll forward.
- Coordinate with IT department for system issues, maintenance and development.
- Financial Dashboard development and maintenance
- Analyze cost accounting data and assist with cycle count/physical inventories.
- Maintain internal control documentation and test internal controls.
- Compare actual costs to estimates and analyze variances.
- Analyzes and monitors raw material inventory.
- Monitor and maintain inventory costs integrity on a timely basis.
- Prepare detailed account analysis and reconcile cost and inventory liability accounts.
- Review and analyze inventory and margin reports, conduct research and perform analytical studies in regards to cost analyses and profitability.
- Close jobs in a timely manner.
- Work in special projects as required.
Requirements
- Experience of around 12 to 15 years of which the last designation must be of General manager or Senior for least 3 years heading Cost Accounting Operations of not less than 1000 employees.
- Post Graduate in Financial Management or CA or ICWA with Management from a reputed Institution
- Proven experience in driving process improvement
- Excellent interpersonal, communications, public speaking, and presentation skills.
Qualities Expected
- Astute Leadership Qualities
- Good problem – solving and decision – making skills
- Excellent job & technical Knowledge
- Speed & Efficiency
- Team Work
- Willingness to learn
- Excellent communication and listening skills
- Good time management and leave management
- Adaptability and Flexibility
- High ethical standards
Lion Sahoo
09176666693 or 07667888708
Chief Consultant
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