Muhammed Ali
Qualified CMA| B.COM| Cost Accountant
- Role
- Executive - Costing at Solara Active Pharma Sciences
- Location
- Mangaluru, IN
- LinkedIn followers
- 500 followers
About Muhammed Ali
Hi there, I am a qualified cost and management accountant having sound knowledge in…
Experience
Executive - Costing
Nov 2024 — Present · Mangaluru, IN
Inventory Management – Carry out physical verification of stocks on 1st of every month, valuation of inventory and monitoring and utilisation of the overaged inventory Product Costing, CIP and Purchase Variance – Tracking of yield and RM price variance for the products manufactured against the budget. Tracking of CIP and purchase against the budget. Work with production, SCM team and technical services and R&D team to create Raw material cost budget, purchase budget and CIP budgets COGS Reconciliation – Product wise COGS and Gross margin analysis and reconciliation Opex cost analysis – Monitor actual Opex with budget on a monthly basis and submit variance reports to management. Overhead computation and actualisation at year end as per the batch manufacturing systemMonth end activities SAP related – Complete settlement run, ML run after resolving any errors Audit – Statutory audit, cost audit and Internal audit – Co-ordinate with statutory auditors, Cost Auditors and Internal auditors, relating to inventory and COGS provide reports, documents and any workings requested by auditors
Education
Indira Gandhi National Open University
Bachelor's degree, Commerce
Institute of Cost Accountants of India
Professional degree, Accounting and finance/costing
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