Director – Cost & Inventory

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.

Director – Cost & Inventory

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

View Company Profile