Cost Accountant

1 week ago

bangalore, India Live Connections Full time

Key responsibilities Drive product- and customer-wise profitability analysis, including contribution and variance analysis, to support pricing and portfolio decisions. Perform detailed margin, contribution, and cost–volume–profit (CVP) analysis and highlight improvement levers to business and plant leadership. Own pricing control for both purchase and sales by validating standard costs, monitoring actual vs standard, and ensuring pricing decisions protect target margins Lead and track cost optimization projects across material, conversion, overheads, and logistics, with clear baselines, savings tracking, and governance. Monitor inflationary impact and extraordinary costs (energy, freight, forex, etc.) and ensure timely visibility in product costing and profitability reports. Handle fixed asset accounting for the plant including capitalization, depreciation, CWIP tracking, and ensuring compliance with internal and statutory guidelines Support and co-own MIS, monthly closing packs, forecasts, annual budgets, and rolling cost plans, ensuring accurate absorption of overheads and COGS reporting. Track and report key operational KPIs (OEE, yield, scrap, rework, productivity, machine utilization, etc.) and link them to cost and margin impact. Oversee inventory accounting and control for raw materials, WIP, and finished goods, including standard cost setting, variance analysis, and ageing/slow-moving inventory reviews Education Qualified Cost & Management Accountant (CMA) is mandatory Experience Minimum 6 years of experience in product costing and cost accounting in a manufacturing environment Exposure to sheet metal / steel / fabrication or discrete manufacturing industry will be strongly preferred due to the complexity of routing, BOMs, and machine-hour based costing. Competencies and skills Strong hands-on expertise in standard costing, BOM and routing review, overhead allocation, variance analysis, and CVP/profitability modeling at product and customer level. Good understanding of the time–cost–performance triangle of products: Time: cycle time, changeover time, machine utilization, and impact on capacity and throughput. Cost: material yield, scrap, rework, conversion cost per unit, and overhead absorption. Performance: quality, rejection rates, on-time delivery, and their impact on margins and customer profitability. Proficiency in ERP/manufacturing systems (SAP/Oracle or similar) and strong Excel/analytic skills for building cost models and sensitivity/what-if analyses. Strong business partnering skills with plant operations, procurement, sales, and supply chain; ability to challenge assumptions and drive cost transparency. High attention to detail, ownership mindset, and ability to work under tight monthly closing, budgeting, and review timelines.

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