Cost Accountant

4 weeks ago


Hyderabad, India Raghu Vamsi Aerospace Group Full time

Company Overview


Raghu Vamsi Group is a leading AS 9100 C company engaged in the manufacturing of High Precision Engineering Components, Mechanical Sub-Assemblies, and Tooling Systems for the Aerospace, Defence, Oil & Gas, and Power Transmission sectors. With a strong focus on quality and reliability, we deliver high-quality machined parts to global OEMs like General Electric, Rolls Royce, United Technology Corporation, Rockwell Collins, Halliburton, and Emerson, among others. Our state-of-the-art manufacturing facility in Hyderabad leverages best-in-class processes and technologies, and we are known for our engineering and manufacturing expertise.


Job Overview


We are seeking a Cost Accountant to join our team at Raghu Vamsi Group. As a Cost Accountant, you will be responsible for analyzing costs, preparing budgets and financial reports, and ensuring accurate allocation of costs to various projects and departments. This is a full-time position based in Hyderabad, Telangana, India, and we are looking for candidates with 1 to 3 years of experience in cost accounting.


Qualifications and Skills


  • CMA, Bachelor's degree in Accounting, Finance, or related field
  • 1-3 years of experience in cost accounting
  • Proficiency in cost accounting methodologies and principles
  • Knowledge of ERP software
  • Strong analytical and problem-solving skills
  • Excellent attention to detail and accuracy
  • Ability to work effectively in a team environment
  • Good communication and collaboration skills
  • Experience in the aerospace or manufacturing industry is preferred



Roles and Responsibilities


  • Analyze costs and variances, ensuring accurate allocation of costs to projects and departments
  • Prepare financial reports, budgets, and forecasts
  • Monitor inventory levels and perform reconciliations
  • Participate in month-end and year-end closing activities
  • Assist in cost analysis and cost-saving initiatives
  • Collaborate with cross-functional teams to improve cost efficiency
  • Provide support during audits and ensure compliance with internal controls
  • Identify opportunities for process improvement and implement best practices
  • Stay updated with industry trends and regulations related to cost accounting







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