Icwa Cost Accounting

**Job description**
- To perform product costing, pricing, budgeting, variance analysis, raw material costing, cost benefit analysis
- To reconcile data for decision making purpose in the plant, in consultation with the Corporate & Plant Finance team as & when required
- To understand the business processes and accordingly do the costing for the Lab ware and the consumer ware products based on the analysis of the resource involved
- To ensure timely coordination and analysis of financial information including monthly financial results, budgeting
- To monitor budget v/s actual costs for the plant and report variance through MIS and discuss with the Production team for the same to minimize the variance
- To perform valuation of inventory based on accounting standards issued by the “The Institute of Cost Accountants of India
- To verifying & pass the bills for raw material, packing material, stores, Job Work, capital purchase by verifying the GRN, Quality Reports, Vendor Quotations and other related data
- Finalization & Reconciliation of Vendors Accounts
- Reconciliation of all GL and Fixed Asset register
- Participate for price/ contract negotiation together with purchasing team with vendors
- To ensure adherence to the costing guidelines for any costing decisions taken at the Plant level during contract / Rate negotiations
- To maintain costing and budgeting reports for the Plant
- To ensure the high level accuracy and timely submission of all MIS reports
- Full fill the Cost compliance as per the Legal requirement by the Company Act
- Daily Costing Discussion with the HODs. (Power / Manpower / Consumable)
- Daily scrap and RM Claim debit note preparation
- Revision of Cost when rate increases of Consumables / packing / Tool etc. prices and submitting to sales
- New Ideas for Cost Saving / Improvements
- Discussion with Management and HOD’s
- Provide strong reporting and analytical information support to Management team
- Consolidating and updating budget and validation of Budget and Variance analysis

.Other activities assigned by Management

**Salary**: ₹30,000.00 - ₹40,000.00 per month

Schedule:

- Day shift

Ability to commute/relocate:

- Sahibabad, Uttar Pradesh: Reliably commute or planning to relocate before starting work (required)

**Education**:

- Master's (preferred)

**Experience**:

- working: 3 years (preferred)