Costing And Management Accountant Jobs Opening in Klite Industries Pvt Ltd at Ambattur, Chennai
Job Description
Qualification: 0 to 6 MoS experienced in Costing and Management (CMA)
Location: Chennai- Ambattur
If interested, please WhatsApp your CV to us
Key Responsibilities:
Cost Accounting and Analysis:
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Accurately calculate product or project costs including direct materials, labor, and overhead.
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Develop and maintain cost accounting systems, methods, and controls to track expenses and inventory.
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Analyze cost variances by comparing actual costs with standard costs and investigate significant discrepancies.
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Assist in pricing decisions by providing cost data and profitability analysis for products or services.
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Prepare detailed cost reports and dashboards for management review.
Budgeting and Forecasting:
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Assist in the preparation of annual budgets and periodic forecasts.
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Monitor actual spending against budgets, highlighting variances and recommending corrective actions.
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Support management in financial planning by providing cost-related projections and scenario analysis.
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Collaborate with departments to gather data and ensure budget adherence.
Financial Reporting and Compliance:
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Prepare management accounting reports including profit and loss, balance sheet analysis, and cash flow forecasting.
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Ensure compliance with applicable accounting standards (GAAP, IFRS) and company policies.
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Coordinate with external auditors during financial audits focused on cost accounting.
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Maintain accurate and timely records to support audit trails.
Inventory and Asset Management:
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Monitor inventory valuation and assist in stock audits.
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Calculate inventory turnover ratios and recommend improvements in stock management.
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Account for fixed assets and depreciation in cost structures.
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Review procurement costs and suggest cost-saving opportunities.
Process Improvement and Cost Control:
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Identify inefficiencies and areas of high cost, proposing process improvements to enhance profitability.
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Collaborate with operations, production, and procurement teams to implement cost control measures.
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Evaluate the financial impact of operational changes and new projects.
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Use cost management techniques such as Activity-Based Costing (ABC) and Standard Costing.
More information about this Costing and Management Accountant Job
Please go through the below FAQs to get all answers related to the given Costing and Management Accountant job
- What are the job requirements to apply for this Costing and Management Accountant job position?
- Ans: A candidate must have a minimum of fresher as an Costing and Management Accountant
- What is the qualification for this job?
- Ans: The candidate can be a Graduate from any of the following: ICWA
- What are the salary requirements for this job?
- Ans: The salary range is between 40000 and 50000 Monthly. The Salary will depend on the interview. This Costing and Management Accountant is a Full Time in Chennai.
- What is the hiring Process of this job?
- Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.
- This Costing and Management Accountant is a work from home job?
- Ans: No ,its not a Work from Home Job.
- How many job vacancies are opening for the Costing and Management Accountant position?
- Ans: There are immediate 1 job openings for Costing and Management Accountant in our Organisation.