Senior Executive

KSB Company; Sinnar; On-site; INR 600,000 - 900,000; Full time

Job summary

KSB Company in India seeks an ICWA/CMA with 1-4 years of experience to drive cost accounting, inventory valuation and compliance across plant operations.

The role focuses on performance management, KPI tracking, analytics, and cost control, supporting audits and implementing process improvements. Strong communication skills and stakeholder management are essential to succeed in this environment.

Qualifications

• ICWA/CMA with 1-4 years of experience.
• Cost accounting and inventory valuation expertise.
• Strong communication and stakeholder management.
• Knowledge of IFRS/GAAP/Ind AS is advantageous.

Responsibilities

• Inventory valuation & consumption accounting and cost rate maintenance in IT system.
• Performance management: KPI planning, tracking, and action follow-up.
• Decision support with analytical information and recommendations backed by justification.
• Compliance: support audits and statutory requirements in the plant.

Skills

Cost accounting

Audit compliance

Stakeholder management

Analytical thinking

Education

ICWA/CMA

Tools

IFRS/GAAP/Ind AS

Inventory management

Internal controls

Tax & audits

Cost-benefit analysis

Job description

Responsibilities

• Inventory valuation & consumption accounting - Ensure that various master parameters & various cost rates are maintained in IT system to facilitate inventory valuation, consumption accounting as well as for any other use; and carry out Monthly inventory valuation & consumption accounting in compliance with a. Relevant accounting & reporting standards b. Group as well as Internal guidelines 2. Performance management – Support Plant Controller to manage the performance of the organisational unit on MBO (management by objective) principle regarding product/project margins, failure cost, inventory etc by providing accurate & appropriate calculations a. Plan the relevant KPI (key performance indicators) for the forthcoming year / quarter and set the targets b. Track the actual performance on these KPI on comparable basis c. Identify the performance gap along with cause-effect relationship d. Discuss with the stakeholders responsible for the corrective actions e. Track the implementation of the actions & its intended vs. actual effects on the KPI 3. Decision support - Support the decision-making process by providing analytical information as per desired accuracy level & timeliness accompanied by own conclusion / recommendation backed by robust justification 4. Compliance - ensure audit (statutory audit, cost audit, internal audit, NSS audit etc.) of all the relevant figures with sufficient explanations & justification regarding fairness of the transactions (qualitative & quantitative); support plant controller in ensuring overall statutory compliances in the plant 5. Process improvement - identify & implement ideas of cost reduction, automations in routine activities, introduction of system-based controls in place of manual controls etc.

Qualification and experience

• ICWA/CMA with 01-04 Years of experience

Knowledge / Skills Required

• Cost accounting & inventory valuation
• Audit preparation & compliance management
• Strong communication & stakeholder management
• Problem-solving & analytical thinking.

Functional / Technical Competencies

• Accounting standards (IFRS, GAAP, Ind AS)
• Inventory management processes
• Internal control frameworks
• Statutory requirements (tax, cost audit, internal audit)
• Business economics & cost-benefit analysis
• Industry-specific financial practices
• Governance & ethical reporting principles

Behavioural Competencies

• Attention to detail & accuracy.
• Strong communication & stakeholder management.
• Problem-solving & adaptability
• ICWA/CMA with 01-04 Years of experience