Cost Accountant

5 hours ago

Hyderabad Telangana India, Telangana Skyroot Aerospace Full time

About the Role

We are seeking a skilled Cost Accountant with strong experience in cost control, cost analysis, and audit handling within a manufacturing environment. The candidate will play a vital role in managing and optimizing cost structures, ensuring accuracy in cost reporting, and supporting management in strategic financial planning.


Key Responsibilities

  • Prepare and maintain cost records, analyze variances, and ensure accurate cost allocation across manufacturing processes.
  • Conduct cost audits and coordinate with auditors to ensure compliance with statutory requirements and internal policies.
  • Analyze material, labor, and overhead costs to identify areas for cost optimization and efficiency improvement.
  • Develop and monitor standard costing systems and ensure periodic review of cost estimates.
  • Support management in pricing decisions, budget preparation, and profitability analysis.
  • Prepare cost-related MIS reports and present actionable insights to the finance and operations teams.
  • Monitor inventory valuation, stock reconciliation, and ensure proper costing of WIP and finished goods.
  • Assist in financial planning, variance analysis, and cost forecasting for different manufacturing units or business lines.
  • Ensure compliance with accounting standards, cost audit regulations, and company policies.


Required Skills & Qualifications

  • Bachelor’s degree in Commerce, Accounting, or Finance.
  • Qualified Cost Accountant (ICWA/CMA) certification required.
  • 5–7 years of experience in cost accounting within the manufacturing industry.
  • Proven experience handling cost audits independently.
  • Strong knowledge of cost control techniques, product costing, and variance analysis.
  • Proficiency in ERP systems and MS Excel for cost reporting and data analysis.
  • Strong analytical skills, attention to detail, and ability to work cross-functionally with production and finance teams.


Preferred Background

  • Experience in aerospace, engineering, or large-scale manufacturing setups.
  • Exposure to internal audit, process improvement, or financial planning activities

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