Cost Accountant

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: ₹18,000.00 - ₹30,000.00 per month

Work Location: In person