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Accountant II, Finance & Accounts

Job Description - Accountant II, Finance & Accounts


Duties & Responsibilities:





    1. Costing









      • Product Costing & Analysis

      • Prepare and maintain Annual Standard Costing and Current Costing models.

      • Analyze product costs and identify key cost drivers.

      • Conduct detailed cost variance analysis, including:



          1. Material Price Variance

          2. Freight Variance

          3. Duty Variance





      • Perform profitability and margin analysis across various business units and product lines.






 





    1. Management Information System (MIS)









      • Prepare Monthly and Quarterly MIS reports for management review

      • Analyze and report:



          1. Earned Hours Performance

          2. Peer Benchmarking

          3. Transporter Share of Business





      • Monitor and analyze inventory-related metrics including:



          1. Inventory Ageing

          2. Slow-moving and Non-moving Inventory

          3. Inventory Quality Reports





      • Support management with actionable insights through data analysis and reporting.










    1. Strategic Cost Analysis









      • Conduct "Make in India" product cost analysis

      • Evaluate local content percentage within product cost structures.

      • Analyze pricing and profitability of Contract Manufacturing operations.

      • Support business decision-making through cost optimization initiatives.






 





    1. Finance & Accounts









      • Financial Reporting & Compliance

      • Assist in preparation and finalization of financial statements in compliance with Indian Accounting Standards (Ind AS).

      • Coordinate with statutory auditors and support annual audit activities.

      • Ensure timely closure of audit observations and implementation of corrective actions.

      • Support compliance with statutory and corporate accounting requirements









    1. Inventory Accounting & Cost Control









      • Manage inventory valuation processes

      • Analyze Cost of Goods Sold (COGS) and product margins.

      • Perform reconciliation and validation of inventory-related accounting records.






 





    1. Internal Controls & Governance









      • Ensure compliance with SOX controls and US GAAP requirements

      • Support implementation and monitoring of internal control frameworks.

      • Participate in process improvement initiatives to strengthen financial governance.










    1. Month-End Closing









      • Execute month-end closing activities within defined timelines

      • Ensure accuracy and completeness of financial records and reporting.

      • Coordinate with cross-functional teams for smooth closing processes.







Relevant Education & Experience:













  • CA / CMA (CWA) qualified




  • Minimum 2 years of relevant experience in Accounting, Costing, MIS, and Finance within a manufacturing industry.


 



Required Competencies & Skills



  • Costing, Budgeting, and Financial Analysis

  • Management Reporting (MIS)

  • Inventory Accounting & Cost Control

  • Ind AS, SOX and US GAAP Compliance

  • Hands on experience in SAP ERP (FI, MM & CO Modules)

  • Advanced proficiency in Microsoft Excel and PowerPoint

  • Strong analytical, communication, and problem-solving skills


You will Excite us if you have



  • Strong analytical and problem-solving abilities.

  • Ability to define problems, collect relevant data, and derive meaningful conclusions.

  • Fluent written and verbal communication skills.

  • Strong interpersonal and stakeholder management capabilities.

  • Proactive, self-driven, and result-oriented approach.

  • Team player with a strong commitment to corporate policies and procedures.

  • Ability to understand the broader business context while maintaining attention to detail.


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