Associate Accounting Specialist Job in Dow

Associate Accounting Specialist

About Dow

At Dow, we put people first and are committed to integrity, respect, and safety for our employees, customers, and the planet.

We are a diverse community of relentless problem-solvers who thrive on collaboration, innovation, and the pursuit of a sustainable future. By leveraging science and technology, we help transform industries and shape the world we live in. If you're looking for a meaningful and challenging role, you're in the right place.

About the Role

As an Associate Accounting Specialist, you will provide cost accounting support and reporting while ensuring accurate financial records. You will oversee cost center expenses, budgeting, inventory valuation, and financial analysis to support decision-making for business and functional teams.

This role requires strong analytical skills, knowledge of SAP, and expertise in financial reporting.

Core Responsibilities

Cost Center & Budgeting

• Review cost center spending and understand cost drivers.
• Analyze variances vs. budget and prior periods to identify root causes.
• Facilitate cost center allocations, recharges, recoveries, and residual analysis.

Financial Reporting & Analysis

• Support reporting and analysis for the supply chain function.
• Assist business teams with financial analysis for decision-making.
• Ensure SOX compliance for cost accounting activities.

Inventory & Cost Accounting

• Ensure accurate inventory valuation across management, tax, and statutory books.
• Manage cycle counting and stock reconciliation to maintain accurate inventory records.
• Oversee product cost estimates (PCE) and investigate costing errors.
• Identify and correct intercompany variances.

Accounting Compliance & Controls

• Record and monitor accounting entries during monthly closing.
• Facilitate the inter-company re-billing process.
• Differentiate between capital and expense costs for accurate reporting.
• Support internal & external audits for cost accounting activities.

Qualifications

• CMA/CA qualification with 3-5 years of relevant experience in cost accounting.
• Proficiency in SAP and Microsoft applications (Excel, Word, PowerPoint, Outlook).

Skills & Competencies

• Strong business acumen and ability to act as a strategic business partner.
• Team player with excellent communication and collaboration skills.
• Analytical mindset with a focus on process improvement.
• Proficiency in SAP, Excel, and financial reporting tools.
• Fluent in English (written and verbal).

Additional Information

• Relocation assistance is not available for this position.
• Flexibility to work across international time zones may be required.

Why Join Dow?

Total Rewards & Benefits

• Competitive Salary & Bonus Market-aligned compensation with performance-based incentives.
• Career Growth Learning, mentoring, and development opportunities.
• Retirement & Financial Planning Savings plans, stock purchase programs, and financial resources.
• Health & Wellbeing Comprehensive medical, life insurance, and mental health support.
• Flexible Work Culture Role-based flexibility for work-life balance.
• Parental Leave & Family Support Paid leave for new parents and caregivers.
• Time Off & Volunteer Programs Paid vacation, volunteering opportunities, and Employee Resource Groups (ERGs).
• On-Site Fitness & Discounts Gym memberships, shopping discounts, and travel insurance (location-dependent).

About Dow India

Dow Chemical International Pvt. Ltd. (Dow India) is a leader in sustainable materials science. With 1,000+ employees, our manufacturing sites, innovation centers, and commercial offices drive advancements in packaging, infrastructure, automotive, and consumer care.

We are Great Place to Work Certified and actively support Corporate Social Responsibility (CSR) initiatives that empower women, children, and differently-abled individuals through technology and employee volunteerism.

Join Our Team & Make an Impact!

At Dow, diversity is our strength, and we are committed to equal opportunities for all. If you need any accommodations during the application or interview process, please let us know.

Apply now and be part of a global team shaping the future through science and innovation!