Expert Cost Accountant Wanted

1 day ago

Bikaner, Rajasthan, India beBeeCostAccountant Full time ₹ 1,20,00,000 - ₹ 1,50,00,000

Job Opportunity: Cost Accounting Expert

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As a key member of our organization, you will be responsible for overseeing the cost accounting function to ensure accurate calculation of product costs, manufacturing overheads, and cost of goods sold (COGS). This critical role plays a vital part in driving business growth through informed decision-making.

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Key Responsibilities:

  • Cost Management & Analysis:
  • Perform detailed cost variance analysis, identify cost reduction opportunities, and provide recommendations to management for process improvements.
  • Develop and maintain standard costing systems, ensuring accuracy in cost allocation for materials, labor, and overheads.
  • Budgeting & Forecasting:
  • Prepare comprehensive cost budgets, ensuring they align with the company's financial goals and strategic objectives.
  • Regularly update and forecast costs based on business dynamics, collaborating with key departments for timely inputs.
  • Cost Reporting:
  • Provide regular and detailed costing reports, including standard Vs Actual variance analysis and insights on cost trends.
  • Present findings to senior management, highlighting key cost drivers and offering actionable recommendations for improvement.
  • Inventory Management:
  • Ensure accurate inventory valuation for raw materials, work-in-progress (WIP), and finished goods using appropriate costing methods.
  • Implement robust processes to minimize inventory obsolescence, improve inventory turnover, and ensure accurate inventory records.
  • Internal Controls & Compliance:
  • Ensure adherence to accounting standards, financial regulations, and internal controls related to costing, inventory, and financial reporting.
  • Assist with internal and external audits by providing accurate and comprehensive costing and inventory data.
  • Process Improvement:
  • Continuously assess costing methods and accounting processes to identify and implement improvements for enhanced efficiency and accuracy.
  • Develop and integrate new systems or tools for better cost tracking, data analysis, and reporting.

Qualifications & Requirements:

  • Education:
  • ICWA certification is required.
  • CA
  • Experience:
  • Minimum 8-10 years of experience in cost accounting, costing management, or financial analysis in a manufacturing or production environment.
  • Skills:
  • Strong knowledge of SAP environment, cost accounting principles, financial regulations, and reporting.
  • Advanced proficiency in Microsoft Excel, including macros.
  • Strong analytical and problem-solving abilities.

Personal Attributes:

  • High attention to detail and accuracy.
  • Strong communication, interpersonal, and leadership skills.

A proactive and results-driven professional with a commitment to continuous improvement.

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