Director – Cost & Inventory
Johnson Controls
APAC/Oceania, India, Pune
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Salary
$199,000 - $289,000 Per Year
Rank
Director
Responsibility
Process Roles
Scope
Regional
Workplace
100% in office
Functions
Finance
IT
Procurement
Supply Chain
Reports to
Level
N-3
Travel Max:
0%
Posting Date
05-30-2025
Description
As a Director, Cost and Inventory in a shared services environment, you will be responsible for overseeing and managing accounting aspects of costing and inventory for multiple plant locations.
Key Responsibilities
Cost Accounting:
- Ensures calculation and review of relevant accruals and reserves, such as obsolete and slow-moving inventory, freight and other related accruals.
- Perform period end close – absorption accounting, PPV capitalization, variance analysis.
- Maintain / set up annual standard costing systems for plant locations.
- Analyze actual costs versus standard costs, identify variances, and provide explanations and recommendations to management.
- Collaborate with finance teams at each plant location to ensure consistent costing practices and policies.
- Manage the month-end close process, ensuring all account reconciliations are performed.
- Support internal and external audits and compliance to accounting standards.
- Prepare and present consolidated financial reports, including cost analysis and inventory valuation.
Process Improvement
- Identify areas for process improvement in a shared services environment and develop and implement solutions.
- Collaborate with cross-functional teams to streamline processes and enhance efficiency.
- Stay updated on industry best practices and technological advancements in cost accounting within a shared services model.
Qualification & Requirements
No Information Available
Benefits
- Insurance, Health & Wellness
- Financial & Retirement
- Family & Parenting
- Vacation & Time Off
- Other Perks & Benefits…
Company Profile
Johnson Controls
Industry
Industrial Machinery Manufacturing
Revenue
$26.79B
Employees
110,000
Fortune 500 Rank
#148
Global 500 Rank
#439
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