Business Administration Manufacturing Professional

Siemens; Panaji; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Siemens in Panaji, India, invites applications for a cost accounting role focusing on product costing, standard cost updates, variances, and regulatory audits. You will develop and maintain cost systems and EVA, while collaborating with product managers and global teams to estimate costs and track performance.

The role requires 5+ years in product costing, strong accounting knowledge, and excellent Excel/IT skills.

Qualifications

• Education preferably ICWA/CA, MCOM, MBA Finance.
• Minimum 5 years of product costing work experience.
• Strong financial management and product costing experience Sound understanding of accounting principles.
• Analytical thinker with strong conceptual and problem-solving skills.
• Ability to work under pressure and meet tight deadlines independently and as part of a team.
• Excellent report-writing, communication, Multitasking/hands-on in excel, Macro and IT skills.

Responsibilities

• Product costing, standard cost updates, analysis on cost variance and preparation of costing reports
• Handling complete regulative exercise & cost audit individually for the factory
• Develop and maintain the cost accounting system, documents, and records of the organization.
• Develop product level EVA.
• Create and maintain templates for product managers to use to estimate product cost & to work with diverse cross functional, global, and virtual teams and stakeholders
• Create and monitor key metrics to compare product estimations to actuals over time
• Handling inventory accounting, reporting, reconciliations, price checks of incoming orders, initiating credit/debit notes for variations, etc.
• Month-end closing activities and ensuring financial accounting related to revenue and costing is completed in a timely and accurate manner
• Review and Monitoring Profitability & Balance Sheet Accounts Prepare and complete internal cost audits.

Skills

Analytical thinking

Excel macros

Report writing

Communication

Education

ICWA/CA

MCOM

MBA Finance

Tools

Excel

Job description

We're improving the way we live and work by intelligently connecting energy systems, buildings, and industries!!

Smart infrastructure from Siemens makes the world a more connected and caring place – where resources are valued, where impact on the world is considered, where sustainable energy is delivered optimally and efficiently. It provides the flexible infrastructure to allow society to evolve and respond to changing conditions. Technology and the ingenuity of people come together to be at one with our environments and to care for our world. We do this from the macro to the micro level, from physical products, components, and systems to connected, cloud-based digital offerings and services. Siemens offers a broad portfolio of grid control and automation; low- and medium-voltage power distribution, switching and control; and building automation, fire safety and security, HVAC control and energy solutions.

JOIN US! WE MAKE REAL WHAT MATTERS. THIS IS YOUR ROLE

Job Profile :

• Product costing, standard cost updates, analysis on cost variance and preparation of costing reports
• Handling complete regulative exercise & cost audit individually for the factory
• Develop and maintain the cost accounting system, documents, and records of the organization.
• Develop product level EVA.
• Create and maintain templates for product managers to use to estimate product cost & to work with diverse cross functional, global, and virtual teams and stakeholders
• Create and monitor key metrics to compare product estimations to actuals over time
• Handling inventory accounting, reporting, reconciliations, price checks of incoming orders, initiating credit/debit notes for variations, etc.
• Month-end closing activities and ensuring financial accounting related to revenue and costing is completed in a timely and accurate manner
• Review and Monitoring Profitability & Balance Sheet Accounts Prepare and complete internal cost audits.

Key Requirements:-

• Education preferably ICWA/CA, MCOM, MBA Finance
• Minimum 5 years of product costing work experience.
• Strong financial management and product costing experience Sound understanding of accounting principles.
• Analytical thinker with strong conceptual and problem-solving skills.
• Ability to work under pressure and meet tight deadlines independently and as part of a team.
• Excellent report-writing, communication, Multitasking/hands-on in excel, Macro and IT skills.

WE DON'T NEED SUPERHEROES, JUST SUPER MINDS!

WE’VE GOT QUITE A LOT TO OFFER. HOW ABOUT YOU?

We’re Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality and we welcome applications that reflect the diversity of the communities we work in across Gender, LGBTQ+, Abilities & Ethnicity. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and imagination, and help us shape tomorrow.

Find out more about Smart Infrastructure at: https://new.siemens.com/global/en/company/topic-areas/smart-infrastructure.html and about Siemens careers at: www.siemens.com/careers