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10 Actuant Jobs
Cost Accountant
Actuant
posted 3+ weeks ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
- Ensuring efficient use of resources
- Providing insights into informed decision-making
- Maintaining effective and cost systems
- Supporting strategic planning
- Ensuring compliance with regulations
- Enhancing reporting for better performance tracking
- Improve process and operational performance of the entities
What you will do:
- Data Analysis & Cost Management: Collect and analyze daily operational costs
- Establish standard costs for materials, labor, and overhead
- Compare standard and actual costs to identify discrepancies
- Reporting & Insights: Prepare variance analysis reports (PPV, material revaluation, labor efficiency, exchange rate variances)
- PPV Analysis Provide insights to stakeholders on variances
- Assist in month-end closures and account reconciliations
- Collaboration & Optimization: Collaborate with cross-functional teams for cost-related information
- Recommend cost-saving measures and process improvements
- Calculate overhead rates for direct and indirect costs in manufacturing and trading
- Distribute indirect costs (utilities, maintenance, depreciation) to products
- Inventory & Audits: Lead year-end cost rollup activities, including transfer prices and revaluation impact
- Monitor inventory levels, conduct audits, and ensure accurate records
- Report to top management on sales vs
- plan, inventory analysis, and expense trends
- Budgeting & Forecasting: Assist in creating annual budgets and financial forecasts
- Analyze actual performance against budget and forecast
- Compliance & Audits: Act as key contact for external auditors and finalize statutory financial statements
- Work with local and regional management to include necessary information in financial statements
What makes you an ideal candidate:
- Experience in Plant Costing and Product Costing
- Maintaining standard costs of raw materials, packaging, machines, and finished goods
- Conducting analysis of all costs
- Interact with the Production team to discuss opportunities for improvement
- Play an active role in costing new products Inventory Accounting
- Develop and manage Annual Budgets, Variance Analysis and Yield analysis Interact with the Production team to ensure Bills of Materials (BOM) are accurate and up to date
- Month Close Activities and Preparation of Multiple MIS Reports Inventory Valuation for Statutory and US GAAP audit Cost Records
- Preparation and Cost Audit Requirements for India Entities SOX & Other Compliances for All India Entities
- Good Interpersonal skills with adaptability and continuous learning attitude Flexibility to adapt to new tools and technologies
Education: BCom, CMA, CPA, CA or Semi Qualified professionals
Experience: 7 to 10 years of cost accounting experience Experience in GCC, Finance Center of Excellence or Shared services Enerpac Tool
Group Values:
- Be an ambassador for the businesses and ensure that Enerpac Tool Group Values always come first: SAFETY - Safety is our highest priority and is at the heart of everything we do INTEGRITY - We will act with honesty and transparency and always do the right thing
- OWNERSHIP - We will own our commitments, act with a sense of urgency, and deliver what is expected of us on time, or ask for help early enough
- TEAMWORK - We will act as one Enerpac team, operate with an enterprise-wide mindset, and support each other to deliver for our stakeholders
- AGILITY - We will act with purpose and speed, and we will adapt quickly to changing
What we offer
- Our employee benefits include flexible workplace policies, employee resource groups, learning and development resources, career progression pathways, and community engagement initiatives are some of the reasons why we have had great success in bringing in new talent
- In addition, our global employee wellness programs are crafted to support the physical, emotional, and financial well-being of our employees
Employment Type: Full Time, Permanent
Read full job description
What people at Actuant are saying
What Actuant employees are saying about work life
based on 16 employees
Flexible timing
Monday to Friday
No travel
Day Shift
Actuant Benefits
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