
Mkc Infrastructure
2 weeks ago
- We are seeking a qualified CMA/ICWA with 4-5 years of experience in conducting cost audits for our manufacturing units in Gujarat.
- The ideal candidate will be responsible for ensuring statutory compliance with the Companies Act, preparing and filing cost audit reports, and providing valuable insights for cost optimization.
- The role requires a high level of proficiency in cost accounting standards, a strong understanding of manufacturing processes, and hands-on experience with ERP systems.
Responsibilities:
- Conduct cost audits in accordance with the Companies (Cost Records and Audit) Rules and other applicable statutory requirements.
- Ensure accurate maintenance of cost accounting records and systems.
- Prepare and finalize the cost audit report in the prescribed CRA-3 format and assist in filing the CRA-4 form with the Ministry of Corporate Affairs within the stipulated deadlines.
- Perform detailed cost analysis, including product costing, variance analysis, and budgetary control.
- Identify and implement cost-saving opportunities and drive cost optimization initiatives across manufacturing units.
- Collaborate with various departments, including production, supply chain, and finance, to gather data and ensure the accuracy of cost information.
- Analyze inventory valuation and ensure it is in line with the cost accounting standards.
- Provide management with reports and insights on cost performance, highlighting areas for improvement.
- Ensure compliance with all relevant cost accounting standards.
- Assist in internal audits and support external financial audits as required.
- Work with ERP systems to extract and analyze cost data effectively.
Qualifications:
- Must-Have: Qualified CMA / ICWA is mandatory.
- Experience: 4 to 5 years of post-qualification experience in cost auditing, specifically within the manufacturing sector.
- Regulatory Knowledge: In-depth knowledge of the Companies Act, particularly provisions related to cost audits (Section 148).