Cost Management Accountant

4 hours ago

Hyderabad Telangana India, Telangana Corenza Full time

About Company


Company is a fast-growing deep-tech company operating in a highly specialized engineering domain. Founded by experienced scientists and entrepreneurs, it is backed by leading global investors and has already achieved several industry-first milestones within a short span of time.


Job Description


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, analyse 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.

• Analyse material, labour, 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.

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