Manager - Cost Accounting

JOB PURPOSE

As per the Companies (Cost Records and Audit) Rules 2014, maintenance of Cost Audit records and Cost Audit is mandatory for GHIAL and is required to maintain cost records and get the same audited.

Hence,  apart from capturing the activity wise cost, cost of service / common deptt. also requires to be allocated across all the revenue stream. The cost records involves collation of enormous quantitative data, compare with the precious data in order to ensure its completeness, accuracy and correctness of the same since most of these details are maintained offline in excel files.

Further, cost records is to be prepared on quarterly basis and the is to be reviewed by the cost Auditor and present to the Audit committee.

ORGANISATION CHART

Accountabilities
Get the quantitative data collection points and required cost report format created in the ERP package 

Preparation of cost centre wise AOP in the BPC module 
Ensure proper accounting of cost to the correct cost center 

Provide the awareness to the Concerned user and the team to capture the correct Cost Centre while accounting.
Allocation of service deptt. Cost Centre to other Cost center on periodical basis

Monitoring of cost center wise cost with the AOP, Review and Monthly Analysis of cost center wise cost reports
Preparation of monthly Cost MIS  

Computation and timely submission of margin of all revenue streams and periodical comparison thereof to indicate the areas of improvement and cost which requires to be closely monitored / controlled.
Maintenance of cost records required to be maintained in order to comply with the Act.
Getting the Cost Audit performed from the Cost Auditors

Timely submission of required details in relation to AERA filings.
 

KEY ACCOUNTABILITIES

Accountabilities
Get the quantitative data collection points and required cost report format created in the ERP package 

Preparation of cost centre wise AOP in the BPC module 
Ensure proper accounting of cost to the correct cost center 

Provide the awareness to the Concerned user and the team to capture the correct Cost Centre while accounting.
Allocation of service deptt. Cost Centre to other Cost center on periodical basis

Monitoring of cost center wise cost with the AOP, Review and Monthly Analysis of cost center wise cost reports
Preparation of monthly Cost MIS  

Computation and timely submission of margin of all revenue streams and periodical comparison thereof to indicate the areas of improvement and cost which requires to be closely monitored / controlled.
Maintenance of cost records required to be maintained in order to comply with the Act.
Getting the Cost Audit performed from the Cost Auditors

Timely submission of required details in relation to AERA filings.
 

EXTERNAL INTERACTIONS

INTERNAL INTERACTIONS

FINANCIAL DIMENSIONS

OTHER DIMENSIONS

EDUCATION QUALIFICATIONS

RELEVANT EXPERIENCE

COMPETENCIES