Cost Controller

Job location:
Visakhapatnam, Andhra Pradesh, India
Created moment:
July 10, 2024
Job reference:
REQ - 08444

The Company

The world’s leading supplier of mineral-based specialty solutions for industry with 14,000 employees, operations in more than 40 countries, and €4.3 billion in revenue in 2022.
Imerys delivers high-value-added, functional solutions to a great number of sectors, from processing industries to consumer goods. The Group draws on its understanding of applications, technological knowledge and expertise in material science to deliver solutions by beneficiating its mineral resources, synthetic minerals and formulations. Imerys’ solutions contribute essential properties to customers’ products and their performance, including heat resistance, hardness, conductivity, opacity, durability, purity, lightness, filtration, absorption and water repellency. Imerys is determined to develop responsibly, in particular by fostering the emergence of environmentally-friendly products and processes.
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The Position

Cost Controller

Job Summary


Accounting team management

  • Product profitability and product costing  of the plant including allocation of overhead
  • Inventory and Fixed asset control
  • Product costing, Variance analysis and COGS reconciliation
  • Preparation of Cost Sheets, reconciliation between Standard Costs and Actual costs, Inventory Control, reconciliation of Sales & Stocks with books of accounts, Managing Month End closing Inventory within 1st working day of the subsequent month with Inventory Report
  • Helping Production / Commercial Functions by providing vital information on element wise costs for better cost control
  • Overhead analysis, maintaining track of actual expenses and closing of books of accounts, on monthly basis
  • Preparing quarterly and yearly projections for Management Review. Preparing MIS reports to provide feedback to Management on financial performance on monthly basis , analysing aged debtors, creditors, General Ledger review.
  • Supporting and helping Asst. Manager Finance in Preparation of annual financial statements, financial reports and financial schedule. Coordination with colleagues and audit staff, preparation of consolidated financial statement and updating the report. Preparing data for Tax Audit Report. Inventory valuation.
  • Responsible for preparation and finalisation of standalone financials every quarter and reporting on Monthly and Quarterly and accurate month closing as per corporate schedule including reconciliations and analysis of related accounts, proficient in reviewing and enhancing all financial & accounting procedures and internal controls
  • Monitor Payments processing, Vendor Master Data maintenance in Bank Link and Bank Site
  • Monitor Sales invoices processing, updating & sending data monthly. Verification of invoices. Preparation of internal reports and P&L analysis, month end provisions, and prepaid expenses transfer to provisions, and allocation. Insurance prepaid expense allocation. Preparation of monthly, quarterly and annual GST returns and reconciliation statement
  • Define, implement, monitor, improve adequacy of internal controls. Internal control- Drive required improvements and ability to do risk analysis
  • Responsible for compliance with direct and indirect taxes
  • Analysis of Capex spends and reporting
  • Handle Insurance other than Employee related

Position Type

Full time



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IMERYS is an Affirmative Action and Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws.