Manager - Cost Accounting

Recruiter
Bayer
Location
Thane, India
Salary
Competitive salary
Posted
16 Sep 2020
Closes
18 Sep 2020
Ref
255341
Job role
Accountant
Sector
Pharmaceutical / medical
Experience level
Manager
Manager - Cost Accounting

POSITION PURPOSE:

Primarily responsible for Cost Accounting Activity for legal entity BCSL for Corn and Round up Business under SAP P08 environment and also provide need based support for other businesses of BCSL covered PBC . Ensure timely and qualitative execution of Accounting Operations in the area of Cost Accounting according to the defined activity split. Portfolio covers major activities of Value flow, inventory valuation, cost of goods sold accounting, service invoices for cross charge within group companies along with handling of statutory audits in relevant area and cost audit for LE BCSL for Round up. Collaborate and guide the other business functions like Supply chain & Logistics for correct accounting of inventory and COGS in exceptional business scenarios.

YOUR TASKS AND RESPONSIBILITIES:

1. Value Flow Management
  • Make sure timely creation of request for new and adjusted master data ensuring proper value flow in coordination with business / local controlling with complete adherence to Bayer Management Accounting (BMA) policy.
  • Provide valuable support to controlling in defining the value flow for Budgets.
  • Make sure that Statistical keys are updated or Month end closing cycles of CCA and COPA
  • Initiate / create the accounting posting request (WPA) for postings to Overhead Management in Exceptional Cases.
  • Monitor data quality of Income statement
  • Provide support and Guidance to other business function for implementation of correct value flow in exceptional business transaction and Scenarios.
  • Provide need-based support for above activities in BCSL - PBC system


2. Product Costing (PC) and Inventory Valuation
  • Make sure that month end activities related to Material Ledger completed in timely manner and resolve the related issues for accuracy of Inventory valuation and correct accounting of Cost of Goods Sold.
  • Analyse the results of process order settlement and material Ledger results for accuracy and provide the reasoning for high variances
  • Ensure proper Inventory provisioning as per the defined policies and exceptional cases in coordination with Business partners.
  • Plan & Coordinate for physical count of inventory at required frequency and proper accounting of deviations identified during the count in relevant P08 or PBC system
  • Manual Actualisation of Corn seeds inventory to reflect the correct valuation of Inventory and COGS in Financials for Local and Group reporting.
  • Support to Product Supply Controlling for Annual Standard Cost Activities under P08 and PBC system which primary includes review normal capacity template, review of standard cost set to input raw / technical material etc.


3. Service accounting
  • Coordinate with Shared service center Bangalore & Manila along with Local Business /Service functions to resolve issues related to Service Accounting, Scrap Sales and Asset Sale Invoicing.
  • Get the Service invoices/ Credit memos accounted correctly and timely
  • Partnering in the Specialised adhoc support and project support in the area of service accounting.
  • Support external and internal audit in the area of service accounting for Legal entity BCSL for Corn and Roundup.


4. Country Specific Responsibilities
  • Cost audit - Provide complete support to Sr. Manager Cost Accounting to complete the Cost Audit within 180 days from financial year (April to March) for products under P08 and PBC system. This will involve following major activities
    • Make sure that relevant information for the cost audit including and product level margins.is provided to auditors in time.
  • Coordinate with Cost Auditors and get the Cost records audited in given time limit
    • Ensure that timely and accurate information is provided to Local statutory Audit in the areas of Inventory, COGS, 3CD etc.
  • Responsible to make sure that Information to statutory bodies like R.B.I, Excise etc. wherever applicable is provided in time


WHO YOU ARE:
  • Minimum 3 to 5 -year working experience in the area of cost accounting and/or accounting dept.
  • Qualified CA/ ICWA
  • Good understanding of the business operations accounting knowledge of Own and Toll Manufacturing.
  • Knowledge of Bayer Group accounting and reporting requirements (BRIDGE, BKA and BMA).
  • Sound knowledge of SAP (PBC and P08) for modules like FI/MM/PP/ SD
  • Good interpersonal and communications skills
  • Fluent English in writing and speaking and Local Language


Your application

Are you looking for a new challenge where you can show your passion for innovation? Are you interested in working as part of a global team to improve people's lives? Then send us your online application including cover letter, CV and references.

Bayer welcomes applications from all individuals, regardless of race, national origin, gender, age, physical characteristics, social origin, disability, union membership, religion, family status, pregnancy, sexual orientation, gender identity, gender expression or any unlawful criterion under applicable law. We are committed to treating all applicants fairly and avoiding discrimination.

Country: India
Location: Thane
Reference Code: 255341
Functional Area: Controlling

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