Cost Accountant

1 day ago


Hyderabad, India Skyroot Aerospace Full time

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, analyze 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. - Analyze material, labor, 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. Preferred Background - Experience in aerospace, engineering, or large-scale manufacturing setups. - Exposure to internal audit, process improvement, or financial planning activities


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