Assistant Manager - Cost Accounting

Flextronics - The Flex Company; Chennai District; On-site; INR 1,500,000 - 2,100,000; Full time

Benefits offered by this job

Paid Time Off

Health Insurance

MR03

Job summary

Flex in Chennai is seeking an Assistant Manager - Cost Accounting to lead a team of 10-15 cost accountants and drive cost control and accurate reporting.

You will oversee monthly reviews with controllers, manage revenue recognition per policy, and educate staff on updates. You will monitor SOX compliance and support audits while promoting process improvements.

Qualifications

• B.Com / M.Com / CA Inter / CMA Inter or equivalent with relevant experience.

Responsibilities

• Lead a team of 10-15 cost accountants and leads towards driving results.
• Conduct monthly performance review calls with controllers.
• Oversee revenue recognition as per policy.
• Educate the team on finance updates and accounting policies.
• Monitor SOX compliance and site checks.
• Review and approve all journal entries and ensure SOX documentation is maintained.
• Support internal and statutory audits.

Education

B.Com / M.Com / CA Inter / CMA Inter or equivalent

Tools

MS Office

Job description

Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world. A career at Flex offers the opportunity to make a difference and invest in your growth in a respectful, inclusive, and collaborative environment.

Job Summary

To support our extraordinary teams who build great products and contribute to our growth, we’re looking to add a Assistant Manager - Cost Accounting located in Chennai.

What a typical day looks like

• Lead a team of 10-15 cost accountants along with Leads towards driving results.
• Conduct monthly performance review calls with controllers
• Conversant with the revenue recognition standards and accordingly, recognize/ de-recognize revenue as per revenue accounting policy
• Educate the team members on finance updates & accounting policies through classroom sessions
• Conversant with SOX compliances and checks – Monitor SOX checks for a site & to report them
• Drive & lead projects at department level
• Set review calls and meetings with site on improving the cost accounting metrics
• Review and conduct audits on SOPs and validation check lists in reports
• Review and approve all the journal entries posted by team members & make sure proper documentation as per SOX requirement is always made available
• Support internal and statutory audit on their requirement
• Monitor the inventory reconciliation for all sites and identify the root cause for the difference and to fix the issues in mapping
• Initiate trainings for new joiners in team through leads
• Maintain minimum attrition in team & timely recognize through rewards & recognition.
• Initiating calls with regional finance Directors and controllers to implement standardization across regions & work towards activity penetrations
• Work on presentations & reports including on regional performance on a quarterly basis to top management
• Workload balancing for the team to meet timely deadlines during month ends
• Day to day analytics to help management to take timely decisions
• Business acumen to understand customer business & improve the VOC
• Use AI integration in daily routine to enhance process improvements, leveraging its capabilities to optimize efficiency, reduce operational costs, and drive innovation within the organization.

The experience we’re looking to add to our team

• B.Com / M.Com / CA Inter / CMA Inter or equivalent with relevant experience.
• 10–12 years of hands‑on experience, people Manager 4-5 yrs experience.
• Good written & oral communication skills.
• Proficiency in MS Office.
• Should be flexible for day shift - 8AM – 5 PM & 11AM – 8AM.
• Analytical and Problem-solving skills.

Here are a few examples of what you will get for the great work you provide

• Paid Time Off
• Health Insurance
• MR03

Flex pays for all costs associated with the application, interview or offer process, a candidate will not be asked for any payment related to these costs.

Flex is an Equal Opportunity Employer and employment selection decisions are based on merit, qualifications, and abilities. We do not discriminate based on: age, race, religion, color, sex, national origin, marital status, sexual orientation, gender identity, veteran status, disability, pregnancy status, or any other status protected by law. We're happy to provide reasonable accommodations to those with a disability for assistance in the application process.

Through the collective strength of ~150,000 team members across 30 countries and responsible, sustainable operations, Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world. A career with Flex offers the opportunity to make a difference, invest in your growth, and build great products for our customers that improve people’s lives. Together, let’s create the extraordinary!