Cost Accountant

5 days ago


Pasumalai Madurai Tamil Nadu, India VEERA BLUE METAL Full time ₹ 18,000 - ₹ 3,00,000 per year

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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