Deloitte—Deputy Manager | Record to Report | Pune | ETP as a Service/ Operate

Job description

Description: Job Description: AM - Cost and Inventory Position Overview We are seeking a highly skilled and detail-oriented Cost Accountant to manage and oversee cost and inventory accounting activities. The ideal candidate will have strong analytical skills, experience with ERP systems, and a solid understanding of costing concepts. This role requires collaboration across finance, supply chain, and IT teams to ensure accurate reporting, compliance with US GAAP, and support for business decision-making. Key Responsibilities - Handle cost and inventory activities, including PPV (purchase price variance), freight accruals, inventory reserves, capitalized variances, and absorption costing. - Perform monthly close activities for COGS and inventory valuation; reconcile sub-ledger to general ledger and analyze/explain variances. - Maintain item costing data, cost components (material, labor, and overhead), and related GL mappings; ensure accuracy and alignment with US GAAP and company internal policies. - Manage costing methods for items (Standard Cost, Actual Cost, Moving Average); configure cost rollups and variance tracking. - Validate and cleanse master data (items, BOMs, routings, suppliers, primary data attributes) to ensure accurate cost and inventory reporting. - Develop and maintain reports/dashboards on inventory health, gross margin by product, cost variances, turnover metrics, stockouts, and obsolescence. - Conduct regular analysis of inventory valuation and cost components to identify opportunities for optimization and cost control. - Support internal and external audits by providing data, explanations, and process narratives related to costing and inventory. - Collaborate with IT/Analytics on data models, data quality initiatives, and BI/reporting requirements. - Prepare balance sheet reconciliations related to inventory and cost accounts. - Must be a team player and eager to learn. Required Skills & Qualifications - Experience with ERP systems (JD Edwards, SAP, Oracle, NetSuite, Baan, Lawason, Mapics, OneStream or similar). - Solid understanding of costing concepts and inventory valuation methods. - Strong analytical skills; proficient in Excel (lookups, pivot tables, dashboards) with working knowledge of SQL or other data-query tools; BI tools (Power BI, Tableau) a plus. - Knowledge of costing methods (Standard, Actual, Moving Average) and inventory valuation concepts. - Familiarity with BOMs, routing, cycle counting, and reconciliation. - Excellent attention to detail; ability to translate data into actionable insights. - Strong communication and cross-functional collaboration skills. - Work Model: Hybrid (3 Days in the office during the 2nd and 3rd weeks of each month, with remote work (WFH) during the 1st and 4th weeks) - Location: Pune, India - Shifts: Flexible shift timings; willingness to work in shifts as required by business needs (Month ending Night Shift ) Preferred Qualifications - Bachelor’s degree in finance and accounting and CA/CMA/ CPA. - 8to 15 years of experience in cost accounting, inventory management, or manufacturing finance. - Knowledge of GAAP/IFRS inventory standards and internal controls related to costing and inventory. - Exposure to multi-site/global inventory and cost analysis.