Job Description

Structure
Costing Team 1
Job posted on
Feb 21, 2025
Employee Type
Full Time
Experience range (Years)
1 year - 5 years

Job title

Costing Incharge

Span

Central

Function

Finance

Job Family

Officer

Reporting to (position)

Costing Manager

Direct Reportees

Purpose Statement

The role will be responsible to perform costing run, accountable for higher level cost accounting activities like COPA assessment, inventory valuation and reconciliations. To produce timely, reliable and accurate financial information in accordance with applicabe regulatory requirements.

Key Role & Responsibilities

- Perform monthly costing run and support the onsite costing counterpart in error resolution


- Perform COPA assessment cycles


- Identify dead stock and inventory eligible for write off as per company policy


- Provide assistance in the BOM explosion process


- Perform variance analysis and cost allocations


- Perform any ad hoc costing analysis to support the on site counterpart


- Work within SAP to reconcile production, usage, receipts and shipments


- Regular inventory true up and reconciliations to GL


- Perform periodic reporting to support accuracy in financial reporting


- Period inventory reconciliations and annual physical inventory observations


- Provide adequate support to the audit team, whenever needed


- Prepare ESG cost (related to the products) data

Job specification

Experience

3-5 years of experience in managing Costing function, preferably in the manufacturing / chemical industry

Qualification

Qualified Accountant (CA) / Qualified Cost Accountant (CWA) / Master's degree in Finance, Accounting or a related field

Certifications/Trainings

Competencies

Behavioural

- Proven team & stakeholder management and leadership skills


- Excellent communication skills - written and verbal

- Comfortable working in a high-pressure environment and managing competing deadlines


- Demonstrate Aarti Values: Care, Integrity & Excellence

Functional

- Clear understanding of financial accounting and compliance


- In depth knowledge of product costing, inventory valuation, cost allocations


- Independent handling of cost audits


- Proficient in SAP / MS Excel / Analytics tool / BI Visualization tool


- Exposure to the concepts of carbon accounting and ESG costing