Job Description

Overview:

About Enerpac Tool Group

Enerpac Tool Group is a premier industrial tools and services company serving a broad and diverse set of customers in more than 25 countries. The Company's businesses are global leaders in high pressure hydraulic tools, controlled force products and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Milwaukee, Wisconsin in the United States. Enerpac Tool Group trades on the NYSE under the symbol "EPAC".

Our vision is to be our customer's preferred partner through relentless innovation of industrial tools and services that help them safely and reliably tackle their toughest jobs around the world.

For further information on Enerpac Tool Group and its businesses, visit the Company's website at https://www.enerpactoolgroup.com/

Business Contribution



Ensuring efficient use of resources



Providing insights into informed decision-making



Maintaining effective and cost systems



Supporting strategic planning



Ensuring compliance with regulations



Enhancing reporting for better performance tracking



Improve process and operational performance of the entities

What you will do:



Data Analysis & Cost Management: Collect and analyze daily operational costs. Establish standard costs for materials, labor, and overhead. Compare standard and actual costs to identify discrepancies.



Reporting & Insights: Prepare variance analysis reports (PPV, material revaluation, labor efficiency, exchange rate variances). PPV Analysis Provide insights to stakeholders on variances. Assist in month-end closures and account reconciliations.



Collaboration & Optimization: Collaborate with cross-functional teams for cost-related information. Recommend cost-saving measures and process improvements. Calculate overhead rates for direct and indirect costs in manufacturing and trading. Distribute indirect costs (utilities, maintenance, depreciation) to products.



Inventory & Audits: Lead year-end cost rollup activities, including transfer prices and revaluation impact. Monitor inventory levels, conduct audits, and ensure accurate records. Report to top management on sales vs. plan, inventory analysis, and expense trends.



Budgeting & Forecasting: Assist in creating annual budgets and financial forecasts. Analyze actual performance against budget and forecast.



Compliance & Audits: Act as key contact for external auditors and finalize statutory financial statements. Work with local and regional management to include necessary information in financial statements.

What makes you an ideal candidate:



Experience in Plant Costing and Product Costing.



Maintaining standard costs of raw materials, packaging, machines, and finished goods



Conducting analysis of all costs



Interact with the Production team to discuss opportunities for improvement



Play an active role in costing new products



Inventory Accounting



Develop and manage Annual Budgets, Variance Analysis and Yield analysis



Interact with the Production team to ensure Bills of Materials (BOM) are accurate and up to date.



Month Close Activities and Preparation of Multiple MIS Reports



Inventory Valuation for Statutory and US GAAP audit



Cost Records Preparation and Cost Audit Requirements for India Entities



SOX & Other Compliances for All India Entities



Good Interpersonal skills with adaptability and continuous learning attitude



Flexibility to adapt to new tools and technologies

Education and Experience:

Education: B. Com, CMA, CPA, CA or Semi Qualified professionals

Experience: 7 to 10 years of cost accounting experience

Experience in GCC, Finance Center of Excellence or Shared services

Enerpac Tool Group Values:

Be an ambassador for the businesses and ensure that Enerpac Tool Group Values always come first:



SAFETY - Safety is our highest priority and is at the heart of everything we do



INTEGRITY - We will act with honesty and transparency and always do the right thing.



OWNERSHIP - We will own our commitments, act with a sense of urgency, and deliver what is expected of us on time, or ask for help early enough.



TEAMWORK - We will act as one Enerpac team, operate with an enterprise-wide mindset, and support each other to deliver for our stakeholders.



AGILITY - We will act with purpose and speed, and we will adapt quickly to changing

What we offer

Our employee benefits include flexible workplace policies, employee resource groups, learning and development resources, career progression pathways, and community engagement initiatives are some of the reasons why we have had great success in bringing in new talent. In addition, our global employee wellness programs are crafted to support the physical, emotional, and financial well-being of our employees.

Benefits & Perks vary by Country.

If you are an individual with a disability and you need assistance or a reasonable accommodation during the application process, please reach out to us at: recruiter@enerpac.com

If you're looking for a unique, exciting career with variety and potential for growth, Enerpac Tool Group offers challenges & extraordinary rewards for people on a global scale.

Never Compromise - choose ETG!