Responsible for all MIS, Variance Analysis, General Accounting and Costing activities related to the Plant Operations
Ensure accurate Standard costs are computed and published every year for all the products manufactured by the Plant. Also ensure that new product costs are published in a timely manner based on the requirement
Set up a Robust Cost Accounting structure and system to derive accurate costs
‘ Preparation of Manufacturing variances and Costing Journals on monthly basis, and then accounting the same to reflect the correct financial’
Ensure all month end reports regional and corporate reporting are delivered timely and accurately.
Ensure various general ledger accounts are reconciled and ensure all balances are identifiable and cleared on a timely basis.
Physical verification and valuation of Inventory and Inventory aging analysis to ensure correctness and reasonableness of inventories reported
Actual Product cost at the end of each month. The cost should be based on actual expenses in the financial.
Completing all the reports on time based on the reporting requirement.
Active involvement in Budget preparation by providing variance analysis.
Responsible for coordinating the year-end audit requiring communication with Auditors and ensure accounts are audited on a timely manner and most efficiently. All supporting schedules and information to be made available to the auditors before the start of the audit.
Authorization of Account payable bills timely in order for processing them for payment.
Ensure all cost/inventory related reports to external parties (HSBC stock report/ECB monthly return etc) are submitted timely.
Suggest and implement Lean ideas in Finance and ensure 5S in Finance
Fixed Assets management including the capitalization, reconciliation and Depreciation accounting
Developing a Successor for this role
Any other duties as directed
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