
Cost Accountant
5 days ago
Key Responsibilities1. Costing & Analysis
- Maintain accurate product costing for raw materials, WIP, finished goods
- Develop and update standard cost sheets for each product line and machine output.
- Monitor variance analysis (actual vs. standard cost, material usage, labor, overhead).
- Identify cost-saving opportunities and present recommendations.
2. Budgeting & Control
- Assist in annual and quarterly budget preparation.
- Track and control departmental expenses vs. budget.
- Prepare cost reports by cost center (factory, machinery, departments).
- Conduct marginal costing / break-even analysis for new projects.
3. MIS & Reporting
- Prepare daily / weekly / monthly MIS reports for management.
- Track unit economics
- Provide input for pricing decisions and export quotations.
- Present dashboards for cost trends, profit margins, and contribution analysis.
4. Compliance & Audit
- Ensure compliance with Cost Accounting Standards (CAS) and statutory requirements.
- Coordinate with auditors for cost audit and statutory audit.
- Maintain accurate inventory valuation as per accounting standards.
5. Systems & Process Improvement
- Support migration/integration with Tally, other ERP systems.
- Develop cost tracking processes for real-time reporting.
- Contribute to process efficiency initiatives (5S, Kaizen, Industry 4.0).
Key Skills Required
- Strong knowledge of costing methods (standard, marginal, absorption, activity-based).
- Proficiency in Tally, Excel/Google Sheets, and MIS dashboards.
- Analytical mindset with ability to turn data into insights.
- Strong attention to detail and accuracy.
- Ability to work with production, accounts, and management teams.
- Knowledge of statutory requirements for cost audit, GST, inventory valuation.
Qualifications
- Educational: ICWA / CMA (Cost & Management Accountant) preferred.
- Experience: 3–5 years in costing, preferably in manufacturing (FMCG, construction materials, or engineering).
- Software: Tally ERP, Excel/Sheets, exposure to MIS/ERP systems.
KPIs (Key Performance Indicators)
- Accuracy of product costing & cost sheets.
- Timely preparation of MIS & cost reports.
- Variance analysis & actionable insights submitted.
- Contribution to cost reduction initiatives.
- Compliance with statutory cost audit requirements.
Job Types: Full-time, Permanent
Pay: ₹18, ₹30,000.00 per month
Work Location: In person
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