Senior Executive

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

Job summary

KSB Limited in Maharashtra, India seeks a qualified ICWA/CMA with 1–4 years of experience for cost accounting, inventory valuation, and compliance roles. The role focuses on accurate valuation, KPI-driven performance management, and robust audit support.

You will collaborate with the plant controller to ensure accurate financial reporting, implement process improvements, and support governance and ethical reporting in a manufacturing environment.

Qualifications

• ICWA/CMA qualification with knowledge of cost accounting methods and inventory valuation.
• Experience in preparing for audits (statutory, cost, internal) and compliance.
• Strong communication and stakeholder management skills.
• Analytical thinking with ability to derive actionable insights from data.

Responsibilities

• Manage inventory valuation and consumption accounting in IT systems following standards and internal guidelines.
• Support plant controller in performance management and KPI tracking for margins, failure costs, and inventory.
• Provide analytical information to support decision making with justified recommendations.
• Ensure compliance through audits (statutory, cost, internal, NSS) with explanations and justification.
• Identify cost reduction opportunities and automate routine activities where possible.

Skills

Cost accounting & inventory valuation

Audit preparation & compliance

Communication

Stakeholder management

Problem-solving & analytical thinking

Education

ICWA/CMA

Job description

Key Responsibilities

1. 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

Problem-solving & adaptabilityICWA/CMA with 01-04 Years of experience

KSB is a leading supplier of pumps, valves and related service. Our reliable, high-efficiency products are used in applications wherever fluids need to be transported or shut off, covering everything from building services, industry and water transport to waste water treatment, power plant processes and mining.

Founded in 1871 in Frankenthal, Germany, the company has a presence on all continents with its own sales and marketing organisations and manufacturing acilities. Around the globe, more than 190 service centres and around 3,500 service specialists are on hand to provide local inspection, servicing, maintenance and repair services under the KSB SupremeServ brand.

Innovative technology that is the fruit of KSB’s research and development activities forms the basis for the company’s success.

At KSB, we recognise that it is people who actually make the difference – the people we employ and the people we serve.

This is why we are committed to equal rights and treatment worldwide and never lose sight of the aspects ecology and sustainability when manufacturing our products.