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Cost Accountant

PuneOn-siteFull-time

AI Summary

Performs product costing, inventory valuation and manufacturing cost analysis, including variance reporting, monthly costing runs and closing activities. Supports audits and produces cost reports and KPI dashboards for management decisions.

About this role

Cost Accountant

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Job Mission

The Costing & Controlling team is responsible for accurate product costing, inventory valuation, manufacturing cost analysis, and profitability assessment. The team collaborates with Manufacturing, Supply Chain, Procurement, Industrial Controlling, and Finance to drive operational efficiency and support informed business decision-making.


Key Responsibilities

  • Perform standard costing, actual costing, and product cost calculations.
  • Analyse manufacturing costs and identify key cost drivers impacting profitability.
  • Monitor and report material, labour, overhead, and production variances.
  • Support monthly costing runs and inventory valuation processes.
  • Ensure accurate cost allocation and absorption methodologies.
  • Execute monthly, quarterly, and annual closing activities related to costing and inventory.
  • Prepare cost reports, manufacturing KPI dashboards, and management analysis.
  • Perform annual standard cost updates and update standard costs for PIDs as required.
  • Ensure compliance with Group accounting policies, internal controls, and applicable procedures.
  • Support internal and external audits related to costing and inventory processes.
  • Demonstrate strong analytical, accounting, and problem-solving skills, with attention to detail and accuracy.

Relevant Experience

Experience in cost accounting, product costing, manufacturing cost analysis, and inventory valuation. Candidates should have 4 to 6 years of relevant experience


Educational Qualification

CMA, CA, or CA Inter, with a strong foundation in costing and accounting.

Skills

Absorption CostingActual CostingCACMACost AccountingCost AllocationCost ReportingFinancial Audit SupportGroup Accounting PoliciesInternal ControlsInventory ValuationManufacturing KPIsMonth-end ClosingProduct CostingStandard CostingVariance Analysis

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