Sunstar - Cost Accountant

2 weeks ago


Delhi, Delhi, India Sunstar Precision Forge Ltd Full time ₹ 50,00,000 - ₹ 1,20,00,000 per year

Job Purpose
To manage and execute product costing activities, ensuring accurate cost analysis, cost control, and financial insights to support pricing decisions and operational efficiency.

Key Responsibilities

  • Product Costing & Analysis:
  • Prepare and update standard product costing for existing and new products.
  • Analyse Bill of Materials (BOM), routing, labour, and overhead costs.
  • Validate production cost sheets and ensure accuracy of cost components.
  • Conduct variance analysis (material, labour, overheads) and highlight deviations.
  • Cost Control & Monitoring:
  • Monitor manufacturing expenses and identify cost-saving opportunities.
  • Review inventory valuation based on standard costing and actual consumption.
  • Support budgeting and forecasting for production cost elements.
  • Reporting & Documentation:
  • Prepare monthly cost reports, contribution margin statements, and profitability analysis.
  • Maintain cost master data in ERP systems Ensure proper documentation for costing assumptions, updates, and audit requirements.
  • Cross-Functional Coordination:
  • Coordinate with Production, Purchase, Quality, and Supply Chain teams for cost inputs.
  • Support management in pricing decisions through cost insights.
  • Assist in New Product Development (NPD) costing and feasibility analysis.

Qualifications & Experience

  • ICWA (preferred)/CA
  • 2-5 years of experience in product costing, manufacturing costing, or cost accounting.
  • Strong understanding of BOM, process costing, and standard costing.
  • Experience with ERP systems; advanced Excel skills required.

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