Job Description

Senior Accountant - AccountingLocation:chennai, IndiaJob Category:FinancePOSITION SUMMARY:Part of Plant Operations Finance team responsible for day-to-day activities of Fixed Assets accounting and product cost accounting, Operations variance analysis, Inventory and Audit/Compliances.THE ROLE

• Plant FA & Cost Accounting

YOUR RESPONSIBILITIES:The specific responsibilities will fall into Finance primary areas:

• Accounting all Fixed assets related transactions starting from CWIP recording to asset capitalization.
• Tracking capex PR to avoid overspending for each approved project.
• Annual fixed assets physical verification including Tools with vendors.
• FA audit coordination with Statutory as well as Internal Auditors.
• Weekly tracking of capex projects against month forecast
• Coordinate with Project Managers for capex budget/ monthly forecast/ timely capitalization.
• Support Costing manager in day to day new product Cost working as per defined Annual Product Costing guidelines and ensure product cost update in Oracle after due approval.
• Inventory valuation, physical verification, working out E&O and NRV reserves required as per guidelines.
• Support Operations Finance Controller with cost working and month variance analysis.
• Tracking actual flex performance against set budget/forecast and supporting Operations team with detailed variance analysis with opportunities.
• Inventory schedules working for Statutory/Cost/Internal Audit and SOX compliance audit.
• Plant MIS
• Ensure policies and procedures compliance for all cost accounting activities.

KEYS TO SUCCESS: Coordination with plant operations, time and process compliance for Oracle activities/ Audit/RCM.QUALIFICATIONS:

• CA/CWA with 1 to 3 years post qualification experience.

Gates Corporation