Cost Accountant

4 weeks ago

Manesar India BENZ Packaging Solutions (P) Ltd. Full time

Job Description Job Title: Cost Accountant Location: Manesar, Haryana. Department: Finance / Costing Reports to Director. About Benz Packaging Solutions: Benz Packaging Solutions is a leading packaging-manufacturing company. We deliver sustainable, high-quality packaging products to diverse clients, and emphasize process excellence, cost discipline, and continuous improvement. As we scale, we need a sharp Cost Accountant to anchor our costing practices and support margin growth. Role Summary You will own the costing function for our plant(s). You will develop, maintain, analyze, and improve costing systems, provide variance insights, support pricing & decision making, and drive cost optimization across operations. Key Responsibilities - Establish, maintain, and update standard costs (materials, labour, overhead) and appropriate allocation bases. - Analyze variances (material, labor, overhead) vs standards / budgets, explain root causes, and recommend corrective actions. - Collaborate with production, engineering, procurement teams to validate / update BOMs, routings, yield losses, scrap assumptions. - Handle inventory & WIP accounting: physical counts, reconciliation, variances, reserve / write-offs, adjustment entries. - Participate in month-end / quarter-end / year-end closing for cost of goods sold, allocations, accruals, and prepare cost reports. - Support budgeting & forecasting for manufacturing cost centers; highlight cost trends and risk areas. - Provide cost input to pricing, quoting, new product introduction (should-cost / make-vs-buy analysis). - Drive cost reduction initiatives, process improvements, automation in costing workflows & reporting. - Ensure internal controls in costing / inventory, assist in audits, and document costing policies / assumptions. - Ad hoc analysis & support to leadership around margin, product profitability, cost scenarios. Required Qualifications & Skills - Bachelor's degree in Accounting / Finance / Commerce (or equivalent). - 5-7 years of Experience and Strong knowledge of cost accounting techniques: standard costing, absorption costing, variance analysis, activity-based costing. - Hands-on experience with ERP systems (cost modules, inventory, MRP / production integration). - Advanced Excel skillspivot tables, VLOOKUP / INDEX-MATCH, data modelling; familiarity with BI / reporting tools (Power BI / Tableau) is a plus. - Analytical mindset with attention to detail; ability to dig into data and connect cost drivers. - Good communication skills; ability to explain cost insights to operations / non-finance audiences. - Process orientation, initiative-taking, ability to drive improvements. Preferred / Plus - Experience in packaging, plastics, FMCG or related manufacturing domain. - Exposure to lean / continuous cost improvement, target costing, Kaizen, etc. - Certifications: CMA / ICWA / equivalent. - Multi-plant costing experience, global costing exposure. - Exposure to Odoo ERP cost / CO module.

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