Cost Accountant

3 weeks ago

India WhiteCrow Research Full time
Job Description

About WhiteCrow

We are global talent research, insight and pipelining specialists with offices in the UK, USA, Singapore, Malaysia, Hong Kong, Dubai, and India. Our international reach has helped us to understand and penetrate specialist markets at a global level. In addition to this, our service is also extended to complement our clients in-house research.

About our client

Our client is a leader in Indias renewable energy sector, producing high-quality multi-feedstock biodiesel at their state-of-the-art facility in Visakhapatnam. Committed to zero-waste processes and stringent environmental standards, they focus on sustainable biofuel solutions for global markets, they combine innovation and environmental stewardship to drive a cleaner future.

As a Cost Accountant, you will be responsible for...

- Leading the plants cost accounting function, including design and implementation of robust cost control systems.
- Developing and managing detailed product costing, activity-based costing models, and process-wise profitability analysis.
- Providing deep insights on cost trends, production efficiency, and inventory usage to support strategic decision-making.
- Analyzing standard vs actual costs and proactively address variances through root cause investigation and corrective actions.
- Conducting plant-wide cost audits and coordinate with production, procurement, and supply chain teams for financial alignment.
- Driving initiatives in waste reduction, process improvement, and cost optimization at both micro and macro levels.
- Overseeing inventory valuation, stock audits, and reconciliation of raw materials, WIP, and finished goods.
- Collaborating with the Finance Head and Plant Director for capital expenditure planning and cost-benefit analysis.
- Ensuring compliance with Cost Accounting Standards, internal controls, and regulatory reporting requirements.
- Preparing high-level MIS reports, dashboards, and executive summaries for senior management and board-level reviews.

What you already have...

- CMA (Cost & Management Accountant) qualified; additional MBA in Finance or CA Inter is an advantage.
- 8-10 years of progressive experience in cost accounting, with at least 3 years in a senior role in a manufacturing plant.
- Proven track record in implementing cost optimization strategies and improving profitability.
- Strong command of ERP systems (e.g., SAP, Oracle) and advanced Excel/Power BI for analytics.
- In-depth understanding of cost structures, production processes, and inventory management in industrial environments.
- Excellent communication, leadership, and cross-functional collaboration skills.

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