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Key skills for this role
As an Associate Accounting Specialist, you will be responsible for providing consistent superior cost accounting support services and reporting to stakeholders.
In this role, you will ensure accounting activity recorded within the Company’s records and books are accurate and complete.
You will be responsible for Cost center expenses, Cost center budgeting, Inventory valuation, reporting, analyzing, and communicating functional/business activity results.
You will also assist the function/business management teams in financial analysis necessary for decision-making using in-depth conceptual and practical knowledge in accounting and basic knowledge of related finance disciplines.
As an Associate Accounting Specialist, you will be responsible for providing consistent superior cost accounting support services and reporting to stakeholders. In this role, you will ensure accounting activity recorded within the Company’s records and books are accurate and complete. You will be responsible for Cost center expenses, Cost center budgeting, Inventory valuation, reporting, analyzing, and communicating functional/business activity results. You will also assist the function/business management teams in financial analysis necessary for decision-making using in-depth conceptual and practical knowledge in accounting and basic knowledge of related finance disciplines.
Responsibilities:
Review of cost center spending to ensure accuracy and understand cost drivers. Review variances in spending vs budget and comparison periods with root cause analysis.
Execute cost center allocations & recharges and analyze cost center recoveries & residuals. Cost center budgeting & Audit Support
Product cost estimates (PCE)- ensure correct standard cost by resolving the costing errors and investigate/resolve variances (Monthly & quarterly)
Inventory management via cycle counting- coordinate & reconciliation of physical inventory against system inventory as per frequency set by cycle counting indicators.
Inventory management via stock take observation- physical stock count & reconciliation of physical v/s system stock
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Ensure Inventory valuation accuracy in different books like management books, tax books, Statutory books & as per lower of cost or market value principle. Review and identification of intercompany variances and taking corrective actions if any.
Qualifications:
Qualified CMA/CA with 3-5 years of relevant costing & accounting experience
Inter CA/ CMA ,M Com / B.com
Experience with Manufacturing Industry is an advantage
Preferred Skills:
Highly motivated with strong business interest and desire to act as a business partner
Team player with proactive communication style
Strong analytical and process improvement skills
Fluent in English (written and verbal)
Proficiency in Microsoft applications such as excel, word, PowerPoint & outlook.
Proficiency with SAP will be added advantage
Additional notes
Relocation assistance is not available with this position.
The ability to accommodate a flexible schedule aligned with international time zones (if required) is essential.
Dow Chemical International Private Limited (Dow India) aims to be the most innovative, sustainable, inclusive customer-centric materials science company. The company is committed to delivering the right solutions to its customers’ challenges. With broadest technology sets spanning performance materials, industrial intermediates, and plastics Dow India delivers differentiated science-based products and solutions in high-growth segments, such as packaging, infrastructure, automobile, and consumer care.
A Great Place to Work® Certified company with approximately over 1000 employees, its operations comprise of manufacturing sites, innovation center, established centers of excellence, and commercial office. As a responsible corporate, the company supports its Corporate Social Responsibility (program) with technology expertise and employee volunteerism. Dow India works with non-profit partners towards the empowerment of differently abled, women, and children in communities where it operates. The company aims to redefine the societal blueprint, by supporting holistic sustainability and circular economy initiatives.
As part of our dedication to inclusion, Dow is committed to equal opportunities in employment . We encourage every employee to bring their whole self to work each day to not only deliver more value, but also have a more fulfilling career. Further information regarding Dow's equal opportunities is available on www.dow.com .
Materials science company serving industrial and consumer markets.
Visit company websiteJobs and hiring trendsFull-time
Mid · 3+ years experience
Onsite
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