Associate Accounting Specialist

The Dow Chemical Company; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Benefits offered by this job

Equitable pay and bonus potential

Comprehensive benefits package

Retirement savings and stock purchase

Job summary

The Dow Chemical Company is recruiting an Associate Accounting Specialist in Navi Mumbai to deliver high-quality cost accounting and financial reporting support. You will manage cost accounting activities, support month-end close, and ensure compliance with statutory and cost audit requirements.

Collaborating with Finance, Supply Chain, and Operations, you will drive process improvements, automation, and continuous improvement projects while maintaining accuracy and timely reporting in a global

Qualifications

• Qualified CA/CMA with 2+ years costing experience.
• Inter CA/Inter CMA or MBA with 5+ years costing experience.
• B.Com/M.Com with 5+ years costing experience.

Responsibilities

• Support month-end closing activities and cost accounting reports.
• Manage product cost estimates and cost variance insights.
• Oversee cost accounting, budgeting and financial reviews in the region.
• Coordinate inventory stock takes, cycle counts, and budgeting exercises.
• Drive process improvements, automation, and RPA initiatives.

Skills

Cost accounting

Inventory accounting

Cost center management

Financial controls

SAP

Microsoft Office

Power BI

Stakeholder management

Analytical skills

English communication

Education

CA/CMA

MBA

B.Com/M.Com

Tools

SAP

Microsoft Office

Power BI

Job description

Position:Associate Accounting Specialist

Primary Location:Navi Mumbai (IND),India

At Dow, we believe in putting people first and we’re passionate about delivering integrity, respect and safety to our customers, our employees and the planet.

Our people are at the heart of our solutions. They reflect the communities we live in and the world where we do business. Their diversity is our strength. We’re a community of relentless problem solvers that offers the daily opportunity to contribute with your perspective, transform industries and shape the future. Our purpose is simple - to deliver a sustainable future for the world through science and collaboration.If you’re looking for a challenge and meaningful role, you’re in the right place.

About you and this role

As an Associate Accounting Specialist, you will play a key role in delivering high-quality cost accounting services and financial reporting support to stakeholders. You will be responsible for managing cost accounting activities, supporting month-end close processes, maintaining cost center accounting, and ensuring compliance with statutory and cost audit requirements.

You will collaborate with cross-functional teams across Finance, Supply Chain, and Operations to drive process excellence, support business decision-making, and identify opportunities for automation and continuous improvement. This role requires strong analytical capabilities, attention to detail, and the ability to work effectively in a global environment.

Responsibilities

• Support month-end closing activities, including generating, reviewing, and analyzing global cost accounting reports.
• Manage product cost estimates (PCE) and provide insights on cost performance and variances.
• Oversee supply chain cost accounting activities, including cost center accounting, budgeting, and financial reviews.
• Support MRO (Maintenance, Repair, and Operations) accounting processes and statutory and cost audit requirements within the assigned region.
• Coordinate inventory stock take activities, cycle counting reviews, reconciliation processes, and annual budgeting exercises.
• Drive process improvements, automation initiatives, documentation updates, and participation in finance transformation projects, including Robotics Process Automation (RPA).

Qualifications

• Qualified CA/CMA with a minimum of 2 years of relevant cost accounting or costing experience.
• Inter CA, Inter CMA, or MBA with 5+ years of costing and accounting experience.
• Bachelor's or Master's degree in Commerce (B.Com/M.Com) or a related discipline with 5+ years of relevant experience in costing and accounting.
• Experience supporting month-end close, cost analysis, inventory accounting, and financial reporting processes.
• Exposure to manufacturing, supply chain, or cost accounting environments is preferred.

Your Skills

• Strong customer-focused mindset with a passion for delivering accurate, timely, and high-quality support. Strong understanding of cost accounting principles, inventory accounting, cost center management, and financial controls.
• Proficiency in SAP and Microsoft Office applications, particularly Excel, Word, PowerPoint, Teams, and related business tools.
• Experience with reporting and analytics platforms such as Power BI, automation tools, and enterprise reporting systems. Excellent analytical, problem-solving, and process improvement capabilities.
• Strong communication and stakeholder management skills with the ability to work effectively across cross-functional teams.
• Highly organized with the ability to manage multiple priorities in a fast-paced environment.
• Fluent English communication skills, both written and verbal. Self-motivated team player with a strong customer and business partner mindset.

Additional Notes

• Relocation/visa sponsorship is not aligned with this role.
• Flexibility to work across global time zones is required, including occasional support outside standard business hours.

Benefits – What Dow offers you

We invest in you.

Dow invests in total rewards programs to help you manage all aspects of you: your pay, your health, your life, your future, and your career.You bring your background, talent, and perspective to work every day. Dow rewards that commitment by investing in your total wellbeing.

Here are just a few highlights of what you would be offered as a Dow employee:

• Equitable and market-competitive base pay and bonus opportunity across our global markets, along with locally relevant incentives.
• Benefits and programs to support your physical, mental, financial, and social well-being, to help you get the care you need...when you need it.
• Competitive retirement program that may include company-provided benefits, savings opportunities, financial planning, and educational resources to help you achieve your long term financial-goals.
  • Employee stock purchase programs (availability varies depending on location).
• Student Debt Retirement Savings Match Program (U.S. only).
  • Dow will take the value of monthly student debt payments and apply them as if they are contributions to the Employees’ Savings Plan (401(k)), helping employees reach the Company match.
• Robust medical and life insurance packages that offer a variety of coverage options to meet your individual needs. Travel insurance is also available in certain countries/locations.
• Opportunities to learn and grow through training and mentoring, work experiences, community involvement and team building.
• Workplace culture empowering role-based flexibility to maximize personal productivity and balance personal needs.
• Competitive yearly vacation allowance.
• Paid time off for new parents (birthing and non-birthing, including adoptive and foster parents).
• Paid time off to care for family members who are sick or injured.
• Paid time off to support volunteering and Employee Resource Group’s (ERG) participation.
• Wellbeing Portal for all Dow employees, our one-stop shop to promote wellbeing, empowering employees to take ownership of their entire wellbeing journey.
• On-site fitness facilities to help stay healthy and active (availability varies depending on location).
• Employee discounts for online shopping, cinema tickets, gym memberships and more.
• Additionally, some of our locations might offer:
  • Transportation allowance (availability varies depending on location)
  • Meal subsidiaries/vouchers (availability varies depending on location)
  • Carbon-neutral transportation incentives e.g. bike to work (availability varies depending on location)

Join our team, we can make a difference together.

About Dow Chemical International Pvt Ltd

Dow Chemical International Private Limited (Dow India) aims to be the most innovative, sustainable, inclusive customer-centric materials science company. The company is committed to delivering the right solutions to its customers’ challenges. With broadest technology sets spanning performance materials, industrial intermediates, and plastics Dow India delivers differentiated science-based products and solutions in high-growth segments, such as packaging, infrastructure, automobile, and consumer care.

A Great Place to Work® Certified company with approximately over 1000 employees, its operations comprise of manufacturing sites, innovation center, established centers of excellence, and commercial office. As a responsible corporate, the company supports its Corporate Social Responsibility (program) with technology expertise and employee volunteerism. Dow India works with non-profit partners towards the empowerment of differently abled, women, and children in communities where it operates. The company aims to redefine the societal blueprint, by supporting holistic sustainability and circular economy initiatives.

As part of our dedication to inclusion, Dow is committed to equal opportunities in employment.We encourage every employee to bring their whole self to work each day to not only deliver more value, but also have a more fulfilling career. Further information regarding Dow's equal opportunities is available on www.dow.com opens in a new tab .