Cost Accountant- Plant

. Costing & Profitability Analysis

• Prepare and analyze standard and actual product costs for raw materials, packaging, and finished goods.
• Conduct variance analysis (material, labor, overhead) and suggest corrective actions.
• Monitor cost of goods sold (COGS), consumption of raw materials, semi-finished goods, packing materials, fuel, contribution margins, and profitability by product line or SKU.

2. Inventory Valuation & Control

• Maintain accurate valuation of inventories, including raw materials, WIP, and finished goods in ERP.
• Collaborate with store and production teams to ensure timely stock reconciliations and adjustments.
• Participate in physical inventory counts and support internal/external audits.

3. Budgeting & Forecasting

• Assist in preparing annual plant budgets and rolling forecasts related to manufacturing costs.
• Track cost performance against budgets and provide variance analysis with actionable insights.

4. ERP & Data Management

• Ensure timely and accurate cost entries, BOM updates, and consumption reporting in the ERP system.
• Generate cost reports, dashboards, and KPIs for leadership review.
• Improve ERP-driven costing processes and data integrity.

5. Cross-Functional Collaboration

• Work closely with Production, Procurement, Quality, and Finance teams to monitor and control factory costs.
• Recommend cost-saving opportunities and drive implementation of cost efficiency measures.
• Support finance team by submitting accurate data for monthly, quarterly, and annual closing activities.

6. Implementation of SOP at all Plants, Warehouses & Depots

• Guide teams and implement company SOPs for capturing real-time costs.
• Act as custodian of records prepared by procurement, stores, production, packing, and dispatch teams as per company policy and formats.
• Ensure accurate data is captured in systems on a real-time basis and nothing is overlooked.
• Reconcile system stocks with physical stock statements & highlight discrepancies or variations.
• Regularly study BOMs and identify gaps between actual and standard consumption.
• Ensure wastages/scrap sales are correctly documented & captured in the system.
• Ensure stock transfers between departments/group companies are captured in the system.
• Visit PAN India plant locations to ensure processes are implemented and followed by all teams.
• Conduct vendor audits & job worker audits as per company policy.

Qualifications & Requirements

Education & Experience:

• Bachelor’s degree in Commerce, Finance, Accounting, or related field.
• Professional certification such as CMA / CPA / ICWA is highly preferred.
• Minimum 3–7 years of experience in cost accounting, inventory management, or finance in a manufacturing environment.
• Experience with ERP systems (SAP, Oracle, Tally, or equivalent) is required.

Skills & Competencies:

• Strong analytical and problem-solving skills with attention to detail.
• Good understanding of manufacturing processes, cost structures, and inventory management.
• Proficiency in MS Excel, including advanced formulas, pivot tables, and data analysis.
• Excellent communication and interpersonal skills to work across teams.
• Ability to work independently, prioritize tasks, and meet deadlines.

Job Type: Full-time

Pay: ₹304,393.93 - ₹650,000.00 per year

Benefits:

• Health insurance
• Leave encashment
• Paid sick time
• Paid time off
• Provident Fund

Work Location: In person