Job Description
The job profile is as below:Maintain Cost Accounting System with various cost ledger in accounts including reconciliation of the general ledger, revenue accounts, expenditures etc. with proper verification of documents. Analyse data collected and recording resultsAssist in month end close of the General Ledger.Record cost information for use in controlling expenditures. Maintain Proper Costing & Analysis for expenses like o Labor Expenseso Consumables for Factory / Warehouse ( Like Resins, Chemicals Etc ) o Electricity Expenses o Communication Expenseso Sales & Marketing Expenseso Advertisement Expenseso Conveyance Expenseso General Administration Expenseso Vehicle / Fuel Expenseso IT & Software Expenseso Financial Expenses ( Insurance, Interest on CC Account / Other Loans ) o Other expenses not mentioned aboveMake estimates of new and proposed costs. Analyse changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost. Plan, study, and collect data to determine costs of business activity& product such as raw material purchases, inventory and labor expenses etc.Analyse actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs. Provide management with reports specifying and comparing factors affecting prices and profitability of products or services on weekly, monthly, yearly basis. Check Interest Charged on CC Account on monthly basis and follow-up with bankers if any extra charges has been levied reversal follow-up for the same. Forex Booking / Planning of Foreign Remittance in advance to take best rates from market. Comparison of Purchase Costs of different supplies / inventory etc at the Factory / Warehouse etc. Internal Audit of All Expenses, Vouchers, Purchases, Sales through verification / authorization in accounts. Provide internal Audit reports to Accounts Departments and timely correction of any discrepancies. Audit&Follow-up of Production& Idle time loss at Factory.Operational account (Balance Sheet / P& L ) of Factory, Machinery & Production with profitability figures every month. Setting Targets for Working related to Sales, Accounts, Production, Purchase etc. & following if the targets are getting completed on time. Review of achievement of targets on periodic basis. Introduction of any new system & implementation for the same. Implementation of software, database, scanned documents etc. Any other works as required by the management from time to time.
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Mahalaxmi Collection
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