Cost Accountant

20 hours ago


hyderabad, India Skyroot Aerospace Full time

About the RoleWe 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 ResponsibilitiesPrepare 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 & QualificationsBachelor’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 BackgroundExperience in aerospace, engineering, or large-scale manufacturing setups.Exposure to internal audit, process improvement, or financial planning activities


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