AM Accounts & Finance(BMC Job 344)

Plant Operational Accountant (or Plant Accountant) is responsible for managing financial activities at a manufacturing plant or production facility. Their role bridges accounting principles with operational efficiency to ensure accurate financial reporting and cost control.

Key Responsibilities:

1. Financial Reporting & Analysis

   • Prepare and analyze financial statements for plant operations.

   • Track key performance indicators (KPIs) such as production costs, material usage, and overhead expenses.

2. Cost Accounting

   • Maintain standard cost systems and analyze cost variances.

   • Monitor direct and indirect manufacturing costs.

   • Assist in budgeting, forecasting, and financial planning for the plant.

3. Inventory & Fixed Asset Management

   • Oversee inventory valuation, reconciliation, and controls.

   • Track fixed assets, including depreciation and capital expenditures (CapEx).

4. Compliance & Internal Controls

   • Ensure adherence to accounting standards (GAAP, IFRS, etc.) and company policies.

   • Conduct audits and implement internal controls to prevent financial discrepancies.

5. Collaboration with Operations

   • Work closely with plant managers, production teams, and procurement.

   • Provide financial insights to improve efficiency and cost-effectiveness.

Skills & Qualifications:

• Education: Bachelor’s degree in Accounting, Finance, or related field.

• Experience: 8+ years in cost accounting, plant accounting, or manufacturing finance.

• Technical Skills: SAP, Oracle, or other ERP systems; Excel proficiency.

• Soft Skills: Analytical thinking, problem-solving, and strong communication.