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Bzpp in India is seeking a cost accounting professional to manage standard cost revision, variance analysis, and material cost booking. The role focuses on preparing, validating, and releasing standard costs and ensuring GRIR accuracy to record material movements correctly.
You will analyse actual vs theoretical consumption, settle OS&D, backlogs with production, assist year-end inventory audit, and generate management reports including ageing inventories.
Job DescriptionYearly Revision of Standard Cost – Preparation, working & releaseRegular checking & ensuring availability of all standard cost to record material movement properly.Variance Analysis Standard vs ActualPreparation of Variance Reconciliation ReportChecking & Clearing GRIR on Regular basisChecking COGI, Backlogs including sub-con material & follow up with production department for clearing on timeAnalysis & Settlement of Key In & OS&D, Scrap Variance & PDI SettlementAbsorption/Settlement of Retro ImpactWIP Calculation, variance computation & settlementAnalysis of actual material consumption versus theoretical consumption on continuous basis to bring control & accuracy in material cost bookingPreparation of Other reports as per management requirementAssist in the year-end audit process by providing necessary documentation and explanations related to inventory.Inventory Ageing reportsSkills RequiredLocationYears Of Experience3 to 5 years
Standard Cost preparation, Clearing GRIR, Variance Analysis Standard vs Actuals
3 to 5 years