Job openings for cost accountant in turbhe navi mumbai

Key Responsibilities:
€¢ Cost Management and Analysis:
€¢ Oversee and manage the cost accounting function for Tembo projects.
€¢ Prepare detailed cost estimates and budgets for projects.
€¢ Conduct variance analysis between actual and budgeted costs.
€¢ Develop and implement cost control measures to improve project profitability.
€¢ Monthly Account Closure:
€¢ Lead the monthly financial closing process, ensuring all project costs are accurately captured and reported.
€¢ Reconcile project accounts and resolve discrepancies in a timely manner.
€¢ Ensure all month-end journal entries related to project costs are prepared and posted accurately.
€¢ Financial Reporting:
€¢ Prepare periodic financial reports for project stakeholders, including monthly, quarterly, and annual reports.
€¢ Ensure accurate and timely reporting of financial performance and project costs.
€¢ Assist in the preparation of project financial statements and related disclosures, ensuring compliance with GAAP/IFRS and company policies
€¢ Understand and comply with disclosure requirements outlined in Schedule 3 of the Companies Act.
€¢ Tax Compliance:
€¢ Maintain an understanding of income tax compliance requirements relevant to project accounting.
€¢ Ensure accurate and timely filing of income tax returns related to project activities.
€¢ Understand and comply with indirect tax compliance obligations, including VAT, GST, or other applicable taxes.
€¢ Inter-Company Transactions:
€¢ Manage and reconcile inter-company transactions related to project costs
€¢ Ensure proper documentation and compliance with transfer pricing policies.
€¢ Collaborate with other departments to streamline inter-company processes and resolve discrepancies.
€¢ Overall Business Understanding:
€¢ Develop a comprehensive understanding of Tembo€™s overall business operations and objectives.
€¢ Identify opportunities to improve financial performance and operational efficiency.