Manager Cost Accounting

Financeroles; Pune District; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

Financeroles is seeking a finance professional in Pune responsible for end-to-end financial closing, inventory management, budgeting, and costing. The role requires strong SAP knowledge, accounting skills, and exposure to audits and SOX-like controls within an Indian tax framework.

The candidate will support treasury interfaces, cost controls, and cross-functional teams, ensuring accurate cost data, standard costing, and timely reporting.

Qualifications

• Strong communication skills and fluent English plus local language proficiency.
• Experience with SAP and Indian tax/compliance knowledge.
• Experience handling balance sheet reconciliations and audits.

Responsibilities

• Manage monthly closing of SAP FI & CO modules.
• Handle inventory closing (E&O, FIFO, valuation) and production order settlement & reclassification.
• Address group reporting queries and assist statutory audits.

Skills

Communication skills

Fluent English

Local language (Hindi/Marathi)

Tools

SAP

Costing / SAP costing

Job description

Job Description –

1. Financial Closing, Reporting & Compliance

• Manage monthly closing of SAP FI & CO modules
• Handle inventory closing (E&O, FIFO, valuation) and production order settlement & reclassification
• Address group reporting queries
• Support statutory and cost audits (schedules, financials, FAR) and perform break-even analysis)

2. Inventory & Operations Finance Management

• Control perpetual inventory and support physical verification
• Conduct inventory ageing analysis
• Support new inventory transactions in SAP
• Provide cost inputs for operational cost-saving initiatives

3. Budgeting, Forecasting & Costing

• Coordinate annual planning and P&L preparation
• Ensure accurate and timely forecasting submissions
• Manage standard costing, activity rates, surcharge rates, and inventory master data
• Execute annual standard cost runs and maintain costing for new/existing materials
• Prepare model-wise costing sheets

4. SAP, Costing & Process Improvements

• Resolve costing-related SAP/system issues
• Support product costing changes (including procurement scenarios)
• Drive initiatives like inventory automation and costing improvements

5. Cross-Functional & Treasury Support

• Support internal teams with financial and SAP costing-related queries
• Assist procurement in ensuring standard cost accuracy
• Handle material creation and cost updates in SAP
• Review BG, LC, and payment files and support treasury controls

6. Specialized skills:

• Good knowledge of Accounting and SAP
• Understanding of Indian tax structure (Direct & Indirect taxes) with knowledge of tax compliances
• Should understand and be able to perform Balance Sheet reconciliations
• Should have faced internal and external audits and be able to understand the SOX compliance requirements
• Should understand and be able to perform costing activities

7. Behavioural Attributes:

• Good communication skills
• Fluent English and local India language - both spoken and written
• Positive attitude, customer focussed and results oriented
• Good team player