Cost Accountant

6 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 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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