Cost Accountant

Zydus Lifesciences Limited, formerly known as Cadila Healthcare Limited, is an Indian multinational pharmaceutical company headquartered in Ahmedabad, which is primarily engaged in the manufacturing of generic drugs.

Name Of the Company - Zydus Life Sciences

Industry - Pharmaceuticals

Website of the company - https://www.zyduslife.com/zyduslife/

Location - Goa & Ahmedabad Based Plant

Department - Cost Accounting/Finance

Designation -  Management Trainee/Executive

Qualification - CA/ ICWA/CMA Qualified Finalist

Experience Required - Between 0-6 Years Of Experience

Responsibilities

Controlling & Period Closure :

• Collection of inputs for Opex provisions from various departments


• Analyse relevance and completeness of provisions, ensuring parking of entries if any


• Review with TS Finance Head & COE for Posting & Reversal of entries


• Ensuring accounting accuracy of transactions


• Preparation and sign off of monthly check list


• Review and report exceptions in Plant Opex GLs


• Tracking and closure of overdue RGPs, GRNs, STOs to ensure compliance with accounting policies & Guidelines

Costing Activities :

• Input material consumption monitoring against output process orders


• Operation machine hours monitoring (cycle time) against process orders


• Review and parking of input material GRN


• Assessment Cycle Runs


• Tracking and closure of open process orders


• Coordinate for sharing COGI and TECO confirmation


• Partnering with OE Team on OE Saving idea potential validation, idea implementation and accrual validation


• Standard cost release for Raw material, Packing material, Semi Finished Goods and Finished Goods


• Inventory ageing analysis


• Computation of Overhead rate and upload into SAP


• Ensure Physical Inventory Verification


• Support for material code creation, extension and Std. Cost release

Operating Exp review, MIS , Control :

• Preparation and circulation of Plant & Utilities MIS


• Financial data updation for fortnight and monthly reviews with Site Heads, HTS and CTO


• Opex Next - Metrics data preparation & Validation


• SLIM (OE) Savings Tracking and MIS


• Special projects like yield, overages savings Tracking and reporting


• Lab Expenses Tracking & Review and reporting


• Non-Core Inventory Stores & Spares review and reporting

Audits & Compliance :

• Stock Audit : Assisting for / providing information as required by auditors


• Statutory Audit : To ensure smooth closure of Statutory Audit requirements if any


• Cost Audit: Inputs required for Cost Audits by the Central Team