Financial Plan & Analysis Analyst

Financial Plan & Analysis Analyst

Skill required: Financial Planning & Analysis - Financial Planning and Analysis (FP&A)
Designation: Financial Plan & Analysis Analyst
Qualifications:BCom
Years of Experience:3 to 5 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? • The Cost Accountant main function is to provide accounting analytical and budgeting support for the Product Configuration and Costing Team particularly focusing on standard costs. He She will support month end account reconciliations SOX testing and miscellaneous support functions. • The Cost Accountant will participate in the control and movement of timely Plan and Outlook information and participate in review and analysis of Plan and Outlook submissions from Supply Chain FP and A Team. He She will also assist with numerous special reports and requests as defined on an ongoing basis. Customer Focused and Results Oriented • Understands issues from the customers perspective considers • On an ongoing basis the Cost Accountant is expected to perform based on the key result area of the process meet exceed metrics set based on the Key Performance Indicator identify improvements and execute related controls in scope. BS in Accounting Finance Business Administration or equivalent, Relevant years of manufacturing accounting or equivalent experience • SAP experience.
What are we looking for? • Knowledge • BS Accountancy or equivalent • Proficient understanding of US GAAP and local GAAP • Knowledge and experience in application of manufacturing cost standards • Plant operational experience • Basic knowledge of SAP • Strong Computer Data Base Knowledge Alteryx Business Warehouse and Microsoft Office Package preferred • Soft Skills • Strong Oral and Written Communication Skills • Good Interpersonal Communication Skills • Collaboration Skills • Attention to Detail • Ability to plan organize and seek change • Strong Analytical and Problem Solving Skills • Works with minimum supervision • Proactive• The Record to Report Function has defined Service Level Agreement and Key Performance Indicator Metrics for each function which need to be met consistently. It is the responsibility of the Cost Accountant to ensure that these are met or exceeded. Also to ensure that preventive and necessary actions are in place in case metrics are not met. The Cost Accountant is also responsible for driving major work process changes that significantly improve the effectiveness and efficiency of the process which can either be quick wins or projects.
Roles and Responsibilities: • Product Costing • After material master BOMs and routings are complete review for accuracy and completeness determine the accurate cost compare to Gate 3 costing expectations margins and send applicable notifications if significantly different and send to plants for approval. Mark and Release new items. • Account Routing Additive Creation and Maintenance • The Cost Accountant is responsible for the comprehensive and timely preparation and certification of accounts using system ie Blackline System. This includes reviewing and reconciling the balance sheet accounts with reference to the Balance Sheet Policy identifying issues coordinating with the account owners analyzing the root causes and determining the next steps that will lead to the resolution of those issues. • The Cost Accountant is also expected to work closely with internal Business Partners and provide support and analyses to address their accounting related concerns. • BOM Maintenance • Analyze discrepancies associated with scheduled cost runs. Explain standard costing errors and differences throughout the month and provide necessary written explanation for quantitative impacts to the PL generated from standards changes. Participate in Supply Chain planning process for standard costing. Assist in efforts to improve efficiency and accuracy of standard costing. Work with global teams to ensure standard costing is accurate and troubleshoot issues. Participate in annual standards review process where usages and scrap factors are reviewed. • Special Projects Requests • Assist with analyzing standards change processing standards changes troubleshooting issues with collective orders routings or BOMs adding new lines for changes to production packaging flow through errors etc. • Key Performance Indicator Metrics Service Level Agreement and Process Improvement • Detail oriented uses rigorous logic and methods to solve difficult problems with effective solutions