The candidate will acquire knowledge & experience in the following areas:
1. Budgeting Preparation of Financial Plan of the organization
2. Variance Analysis comparison of Actual performance with Budget
3. Product Costing Product wise Allocation & Apportionment of Expenses
Different Methods of Costing like Standard Costing, Activity Based Costing , Marginal Costing
Cost Audit
Valuation of Closing Stock Raw Material, Finished Goods & Work in Progress
Cost Accounting Standard (CAS)
Viability Study for New Projects / New Product IRR, NPV, Pay Back Method etc
Accounting System in Manufacturing Organization with different cost parameters like Variable Cost, Fixed Cost, Semi Variable Cost, Break Even Analysis, Product Mix calculation etc.
Cost Saving & Cost Control methods (a) What, Why, How, Who & When analysis b) Runner, Repeater & Stranger Analysis c) VA VE Analysis d)On & Off loading Analysis etc)
Material Accounting System
Capacity Utilization & OE calculation
Functional knowledge & exposure ERP
Preparation of monthly P&L & Balance Sheet
Location : Indore
Experience : 0 - 3 Years
Education : UG - Any Graduate - Any Specialization
PG - ICWA, CA
Company Profile:
AVTEC, the largest independent manufacturer of power trains and transmissions in India is a part of the C. K Birla group. The group spans four continents and has a global presence in major industrial segments including automobile, bearings, powertrain for auto and off highway, paper, cement, building products, electrical products, information technology and other philanthropic activities like educational institution and hospitals.
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Cost Accountant at AVTEC
