Cost Accountant
4 weeks ago
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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