Cost Accountant

1 week ago

Hyderabad, Telangana, India Mvs Acmei Technologies Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Role Summary:

We are seeking a Cost Accountant with strong expertise in manufacturing costing, ERP systems, and advanced Excel. The candidate will work closely with plant operations to control, optimize, and reduce costs while ensuring accuracy in reporting and compliance.

Location: Sultanpur but should have ability to travel to all Hyderabad locations.

Key Responsibilities

  • Costing & Analysis

  • Prepare detailed cost sheets for all manufacturing products and processes.

  • Develop, maintain, and refine cost structures including BOMs (Bill of Materials), conversion costs, and overhead allocations.
  • Conduct product-wise, line-wise, and plant-wise cost analysis.
  • Perform variance analysis (standard vs actual) and highlight cost leakages.

  • Provide management with accurate costing inputs for pricing and tender decisions.

  • Collaboration with Manufacturing

  • Work closely with production, procurement, and planning teams to capture accurate cost data.

  • Partner with plant managers to identify and implement cost reduction initiatives.
  • Support process optimization and waste reduction programs.

  • Provide insights on capacity utilization, scrap control, and energy/labor efficiency.

  • Reporting & MIS

  • Generate weekly/monthly MIS reports on manufacturing costs, margins, and profitability.

  • Present data-driven insights to management for decision-making.
  • Support budgeting, forecasting, and financial planning processes.

  • Ensure accurate closing of monthly and yearly accounts with respect to cost allocations.

  • Controls & Compliance

  • Ensure adherence to costing standards and statutory compliance.

  • Support internal and external audits with cost records and reconciliations.
  • Maintain accuracy and integrity of cost data in ERP/Zoho systems.

Tools & Systems

  • ERP systems (ERPNext, SAP, Oracle, or equivalent).
  • Zoho Books / Zoho Analytics.
  • Advanced Excel skills (Pivot tables, Power Query, Dashboards, Cost Modeling).
  • MIS and reporting tools (Power BI/Tableau preferred).

Requirements

  • CA Inter / CMA / MBA (Finance) / M.Com with 3.5 years of cost accounting experience in a manufacturing setup.
  • Strong knowledge of standard costing, absorption costing, and variance analysis.
  • Proven ability to work closely with plant leadership to drive cost efficiency.
  • Strong analytical and problem-solving skills.

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