Accounting Specialist

11 hours ago

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

Job Title: Cost Accounting Professional

Job Description:

We are seeking a highly skilled and detail-oriented Cost Accounting Manager to oversee the cost accounting function, ensuring accurate calculation of product costs, manufacturing overheads, and cost of goods sold (COGS).

Key Responsibilities:
  • Cost Management & Analysis:
  • Perform detailed cost variance analysis, identify cost reduction opportunities, and provide recommendations 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 that align with our 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.
  • 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.

Proactive and results-driven professional committed to continuous improvement.

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