Cost Accountant

4 weeks ago

Chennai, India Hire Rightt - Executive Search & HR Advisory Full time

Job Title: Costing Specialist

Experience: 7–10 Years

Qualification: CMA / CWA (Mandatory)

ERP Expertise: SAP (Full Module)


Position Overview

We are seeking a highly skilled and detail-oriented Costing Specialist to join our finance team. The role requires strong expertise in product costing, process order management, and SAP operations across warehousing, procurement, inventory, and sales orders. The ideal candidate will bring deep knowledge of costing principles, variance analysis, and cost allocation within a manufacturing or automotive setup.


Key Responsibilities

  • Perform process order settlement and analysis.
  • Conduct detailed variance reporting on:
  • Material Usage Variance (MUV)
  • Labor
  • Inventory
  • Spending
  • Maintain and update the Bill of Material (BOM) and receipt structures.
  • Develop, implement, and monitor standard and actual costing models.
  • Support month-end book closure, including COPA and Material Ledger (ML) runs.
  • Create and manage costing for new SKUs.
  • Collaborate with finance teams to ensure strong alignment between financial reporting and cost accounting.
  • Ensure accurate allocation of expenses across processes and cost centers.
  • Reconcile costing profit with FI profit to ensure accuracy and compliance.


Candidate Profile

  • CMA / CWA qualification is mandatory.
  • 5–8 years of relevant experience in costing, preferably in a manufacturing or automotive environment.
  • Strong proficiency in SAP (all relevant modules).
  • In-depth understanding of standard costing, BOM, routing, and cost allocation.
  • Excellent analytical and problem-solving skills, with strong attention to detail.
  • Ability to work collaboratively with cross-functional teams while maintaining process integrity.

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