Cost Accountant
2 days ago
Job Title: Executive Cost Accountant
Department: Finance & Accounts
Location: Ethakota Plant
Job Purpose
To support plant costing and management accounting activities at the Ethakota plant by ensuring accurate cost tracking, variance analysis, and timely reporting. The role contributes to compliance, operational efficiency, and effective decision-making through reliable cost data and insights.
Key Responsibilities
1. Costing & Accounting
- Assist in maintaining product and process costing systems
- Ensure accurate inventory valuation and reconciliations
- Support standard costing and monitor deviations
- Assist in preparation of budgets and cost estimates
- Contribute to ERP/SAP updates for accurate and faster reporting
2. Reporting & Analysis
- Prepare periodic MIS reports (cost statements, variance analysis, profitability reports)
- Support cost–benefit analysis and highlight improvement areas
- Provide timely data and financial insights to support plant management decisions
3. Compliance & Audit Support
- Ensure adherence to cost accounting standards and internal guidelines
- Support internal/statutory audits with accurate cost data
- Maintain compliance with company policies and applicable statutory requirements
- Follow internal controls related to costing and accounting processes
Qualifications & Experience
- Education: CA / ICWA (Cost & Management Accountant) – Inter or Qualified
- Experience: 2–4 years of experience in cost accounting in a manufacturing/plant environment
Skills Required:
Good analytical and problem-solving skills
- Proficiency in ERP systems (preferably SAP CO Module) and advanced Excel
- Understanding of variance analysis (material, labour, overheads)
- Basic knowledge of Cost Accounting Standards and Companies Act requirements
- Ability to work with cross-functional teams (operations, procurement, audit, etc.)
- Effective communication and reporting skills
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