cost accounting manager

Life Solutions Company

Job Opportunity for Cost AccountantPosition: Cost AccountantLocation: LudhianaIndustry: Engineering / Manufacturing / AutomobileQualification: B.Com / M.Com / ICWA / CMAExperience: 5&ndash;6 Years in Costing / Accounts DepartmentSalary: &#8377;50,000 &ndash; &#8377;60,000 per month (Negotiable as per experience)Preference: Candidates from Engineering Industry onlyRole Overview:The Cost Accountant will be responsible for managing and controlling all aspects of cost accounting and cost analysis within the organization. The role involves maintaining cost records, analyzing cost data, and supporting management in effective decision-making for cost optimization and profitability improvement.Key Responsibilities:Prepare, maintain, and analyze cost sheets and cost statements.Monitor production costs, material consumption, and overhead expenses.Ensure cost control and cost reduction through variance analysis and periodic reviews.Support preparation of budgets and forecasts, ensuring alignment with cost objectives.Conduct cost audits and ensure compliance with accounting standards and company policies.Evaluate product costing, pricing decisions, and profit margin analysis.Coordinate with the Accounts, Production, and Procurement departments for accurate data collection.Prepare monthly MIS reports, cost summaries, and management presentations.Recommend measures for improving cost efficiency and resource utilization.Desired Candidate Profile:Strong understanding of cost accounting systems, processes, and principles.Hands-on experience in cost analysis within a manufacturing or engineering setup.Proficiency in MS Excel, Tally ERP, and preferably SAP or other ERP software.Analytical mindset with attention to detail and accuracy.Good communication and coordination skills across departments.lifesolutions1@yahoo.co.inContact: 8146711166, 9417085834, 9653633519Job Type: Full-timePay: &#8377;50,000.00 - &#8377;60,000.00 per monthBenefits:<ul><li>Health insurance</li><li>Provident Fund</li></ul>Work Location: In person

Cost Accountant

Precision Group

<div>KEY RESPONSIBILITIES</div>
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 Costing and pricing
 
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 Develop and maintain standard costs of finished goods and production components 
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 Stay abreast of best cost matrices and trends in the packaging industry and advice management of same 
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 Pricing / costing of new and existing products and submit to GM and FM for review 
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 Managing price revision cycle, ensuring timely and accurate price update 
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 Close coordination with project manager and sales team 
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 Portfolio management
 
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 Monitor key customer / product profitability, perform analysis to identify profit improvement opportunities and work cross functionally to monetize the ideas and define corrective actions to drive profit 
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 Responsible for tracking value generated by Cost Improvement &amp; Value Generation activities. Identify value opportunities and cost leakages 
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 Develop and implement tools and processes to guarantee the maintenance of the account profitability as per contractual agreement. Including the reflection of cost variations in material and conversion, in the regularly updated price lists 
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 Overall responsibility of product and customer portfolio analysis. Proactively foster initiatives for portfolio optimization and support key account financial reviews 
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 Capex investment preparation and initial assessment against Company's KPI's 
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 Process continuous improvement
 
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 Support Commercial and Finance teams in business process improvements, implementing best practices and fully utilizing ERP system capabilities 
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 In close collaboration with Finance team, present tool and process improvement ideas for a faster and more accurate response to customer enquiries. Identify issues with existing procedures and use these findings to improve them or remove processes that aren t generating value 
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 Oversee the planning, development, and implementation of project efforts that utilize information technology solutions, principles, standards, and best practices 
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 Critical assessment of processes and formats with a continuous improvement eye to enhance current practices, improve efficiency and fully embed way of working 
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 Develop and implement best practices, processes, and toolsets for effective portfolio/project management, and take initiatives to educate staff on best practices and effective project execution 
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 Ensure all documents and records are up to date and that record traceability and retrieval is upheld at all times. Ensure all processes, procedures &amp; activities comply with ISO and management procedures 
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 Lead from commercial perspective the Budgeting / Forecasting processes 
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 Management reports
 
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 Prepare various financial analysis related to manufacturing costs, inventory, and expense information for various customers as needed for decision making support. Provide critical assessment of all cost projections 
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 Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs. Analyzes actual production costs and prepares periodic reports comparing standard costs to actual production costs 
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 Provides management with reports specifying and comparing factors affecting prices and profitability of products or services 
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 Weekly/monthly, Actual reporting, assessment of performance vs Budget, previous period, SOP. Updating and maintaining of databases, including pcs and tonnage 
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 Work with all levels of leadership and relevant stakeholders to ensure project initiatives are managed and maintained; develop executive level presentations of the portfolio and project budget. 
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 Ensure compliance to Safety, Quality, Food Safety and Environment requirements as specified in the global QHSE Management System with strict adherence to ISO and local regulatory authority. 
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 Requirements Education/ Qualifications · Bachelor s degree in Accounting, Finance, Commerce, or a related field is mandatory. · Professional certification in Cost Accounting preferred (CMA&lt; ICWA india, etc.) Experience · 6-8 years of experience in costing, Variance analysis, Product costing, Budgeting, Inventory management in Manufacturing/Engineering/ Industrial or production-driven environments. · Experience or qualifications in project management methodologies is highly desirable. Functional Skills &amp; Specific Knowledge · Cost accounting principles and financial reporting standards in line with International Financial Reporting Standards. · Adept with Manufacturing processes, workflows, and cost drivers · Knowledge of ERP, CRM and MS Excel tools and techniques mandatory · Knowledge and understanding of standard project management tools · Analytical &amp; Detail-Oriented Ability to analyze complex data and provide insights · Communication Skills Ability to explain financial information clearly to non-financial stakeholders · Time Management &amp; Organization Handle multiple projects or deadlines 
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 · Familiarity with compliance and internal control procedures</div>

CPP- Industry

Consolidated Precision Products (CPP) is seeking a detail-oriented and strategic Assistant Controller to oversee financial operations within our aerospace division. This role is critical in ensuring compliance with industry regulations, managing cost accounting, and supporting executive decision-making through accurate financial reporting. This is a great opportunity to join a growing company that has been in business for over 30 years! CPP offers a competitive compensation with many overtime opportunities and a comprehensive benefits package which includes a quarterly bonus program, medical/dental/vision/life insurance and 401k with employer match, paid vacation, sick time and holidays. Salary Rate: $100K-$115K ESSENTIAL JOB FUNCTIONS/DUTIES Financial Close and Reporting <ul> <li> Review monthly accounting close process including journal entries, account reconciliations, and analytical review of the monthly operating results to ensure accurate accounting records are maintained </li> <li> Implement, document, and maintain adequate and effective processes to improve the close and reporting cycles to ensure timely and accurate reporting </li> <li> Responsible for meeting financial and tax reporting requirements to CPP Corporate, including consolidation and issuance of month-end reports and financial analysis </li> <li> Responsible for maintaining daily financial reporting, and weekly KPI deliverables </li> <li> Supporting weekly, monthly, and quarterly P&L and cash forecasting </li> <li> Support the preparation of the annual budget </li> </ul> Internal Controls and Compliance <ul> <li> Implement, document, and maintain strong internal controls </li> <li> Ensure compliance with all CPP policies and procedures </li> <li> Support internal and external audits </li> </ul> Inventory <ul> <li> Manage cost accounting and inventory subledger, including annual overhead rate change, and part cost rolls </li> <li> Lead physical inventories and analysis of inventory adjustments and reserves </li> </ul> Manage Accounting Staff <ul> <li> Supervise the AR Specialist and AP support group. </li> <li> Lead performance management and professional development of direct reports </li> </ul> Operational Support <ul> <li> Provide operational guidance to improve efficiency </li> <li> Present financial justifications for capital expenditures </li> <li> Safeguard and oversee periodic physical inventories of fixed assets </li> <li> Perform additional ad hoc duties as assigned </li> </ul> REQUIRED SKILLS/ABILITIES: <ul> <li> Excellent analytical and organizational skills </li> <li> Strong written and verbal communication skills </li> <li> Proficiency in database and accounting systems </li> </ul> EDUCATION AND EXPERIENCE <ul> <li> Bachelor's degree in finance, or Accounting required </li> <li> 5+ years of progressive manufacturing accounting/finance experience, including supervisory responsibilities. </li> <li> ERP system conversion experience a plus </li> </ul> <ul> <li> Strong knowledge of US GAAP, cost accounting, and government contract compliance </li> <li> Proficiency in ERP systems and advanced Excel skills </li> </ul> Consolidated Precision Products (CPP) is an industry-leading manufacturer of highly engineered components and sub-assemblies, supplying the commercial aerospace, military and industrial markets with small-to-large "function critical" products. CPP provides its customers with a "total solution" source, taking them from concept to finished product with one of the broadest and most diverse product offerings in the industry. More information about our company can be found at: Sponsorship is not available for this role. Candidates must be legally authorized to work in the U.S. on a permanent and consistent basis without company sponsorship now and in the future. This position requires use of information or access to hardware which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee. CPP Corporation is an Equal Opportunity Employer that recruits, hires, trains, and promotes employees in all job classifications without regard to race, color, religion, age, sex, sexual orientation, gender identity, marital status, national origin, disability, veteran's status, or other legally protected status. Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act. This is a management position This is a full time position

Assistant Controller

MIDDLE EAST SPECIALIZED CABLES

Job PurposeTo lead and manage all costing activities within the company, ensuring accurate and timely calculation of product costs, variance analysis, and cost control processes. The Senior Costing Section Head will play a critical role in supporting management decision-making by providing detailed cost insights, improving cost efficiency, and ensuring alignment with corporate financial goals.Key Responsibilities1. Costing Management<ul><li>Oversee and manage all product costing activities across the manufacturing operations (cables, wires, and related products).</li><li>Ensure accurate standard cost setting and periodic updates in coordination with production, procurement, and finance.</li><li>Analyze material, labor, and overhead costs, identifying variances and their root causes.</li><li>Maintain and enhance the cost accounting system to ensure data accuracy and reliability.</li></ul>2. Budgeting &amp; Forecasting<ul><li>Support the budgeting process by providing detailed cost estimates and analysis.</li><li>Monitor actual vs. budget performance and recommend corrective actions.</li><li>Participate in quarterly and annual forecasting activities related to manufacturing costs.</li></ul>3. Cost Control &amp; Process Improvement<ul><li>Develop and implement cost control initiatives to enhance profitability.</li><li>Review production efficiency and recommend cost-saving opportunities.</li><li>Drive process improvements in costing, reporting, and data management.</li></ul>4. Financial Analysis &amp; Reporting<ul><li>Prepare detailed costing reports for management, including variance analysis and trend insights.</li><li>Collaborate with internal auditors and external auditors on cost-related matters.</li><li>Ensure compliance with company policies, accounting standards, and internal control requirements.</li></ul>5. Team Leadership &amp; Development<ul><li>Lead, coach, and develop the costing team to improve performance and technical expertise.</li><li>Foster collaboration between costing, finance, and production departments to ensure effective communication and alignment.</li></ul>Qualifications &amp; Requirements<ul><li>Education: Bachelor&rsquo;s degree in Accounting, Finance, or Industrial Engineering. (Master&rsquo;s or CPA/CMA certification preferred.)</li><li>Experience: Minimum 8&ndash;12 years of relevant experience in cost accounting or manufacturing finance, preferably within the cable or industrial manufacturing sector.</li><li>Technical Skills:</li><li>Strong knowledge of cost accounting principles, standard costing, and variance analysis.</li><li>Experience with ERP systems (e.g., SAP, Oracle, or similar).</li><li>Proficiency in Excel and financial analysis tools.</li><li>Soft Skills:</li><li>Excellent analytical, communication, and leadership skills.</li><li>High attention to detail and accuracy.</li><li>Ability to work under pressure and meet strict deadlines.</li></ul>Key Performance Indicators (KPIs)<ul><li>Accuracy of standard costing and variance analysis.</li><li>Timeliness and quality of cost reports.</li><li>Cost reduction initiatives implemented and savings achieved.</li><li>Improvement in cost efficiency and margin performance.</li><li>Staff performance and development outcomes.</li></ul>Job Type: Full-time

Sr. Costing Section Head

Ban.Co

Description: To record, analyze, and allocate all costs related to production or services in order to determine the actual cost of products or projects, support decision-making, and improve operational efficiency by controlling and reducing expenses. &nbsp;Key Responsibilities:<ol><li>Prepare and analyze actual cost reports and compare them with standard or budgeted costs.</li><li>Monitor material movements and inventory to determine the cost of materials used in production.</li><li>Record operating expenses and allocate them accurately to the appropriate cost centers.</li><li>Prepare monthly cost reports, analyze variances, and provide recommendations for corrective actions.</li><li>Participate in preparing and monitoring the company’s annual budgets.</li><li>Review and post cost-related journal entries to ensure accuracy and compliance with company policies.</li><li>Coordinate with production, purchasing, and warehouse departments to verify cost data accuracy.</li><li>Assist in developing cost accounting systems and improving internal control procedures.</li><li>Prepare periodic reports for management on production costs, profitability, and cost trends.</li></ol>&nbsp;

Cost Account

Cilantro

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 The Cost Controller plays a crucial role in managing and optimizing costs &ndash; with emphasis on direct material costs - within the Finance department at Cilantro. This position involves monitoring expenses, analyzing financial data, and implementing strategies to ensure cost efficiency and profitability are maintained.
 
 
 
 Responsibilities
 
 
 
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 Record &amp; Monitoring
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 Review, record and control all inbound and outbound material transactions in/out of all inventory locations (stores &amp; warehouses)
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 Review supplier goods receiving notes and match it to internal records.
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 Analyze and monitor daily DMC &amp; stock levels at stores
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 Inventory Control
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 Conduct regular store audit visits "Material &amp; Cash Spot Check&ldquo;
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 Conduct regular analysis of F&amp;B costs.
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 Generate detailed reports on cost variances (Budget vs Actual) and (Actual vs Standard)
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 Reporting &amp; Analysis
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 Provide insights and recommendations based on cost analysis
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 Implement and maintain effective inventory management procedures.
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 Menu Costing
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 Collaborate with chefs and menu planners to cost out menu items.
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 Regularly review and update menu costs based on ingredient prices.
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 Analyze menu engineering data to maximize profitability.
 
 
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 Requirements
 
 
 
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 Bachelor of Accounting/Finance (or any other relevant field)
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 Years of experience: - 2 to 3 years
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 Preferably holds other functional qualifications: FMVA, CMA
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Currie & Brown

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 Currie &amp; Brown are looking for a Cost Manager with procurement experience to join our growing team in Abu Dhabi.
 
 
 
 
 
 As a Cost Manager you will support project leaders in generating a high standard of service delivery, achieving successful outcomes for our clients, capturing and sharing knowledge across projects, enhancing our culture of innovation and reinforcing our reputation as a preferred service provider.
 
 
 
 
 
 
 You will be:
 
 
 
 
 
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 Providing accurate cost advice and reporting to our clients
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 Delivering projects, commissions and professional assignments
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 Maintaining effective communication to ensure all information is available for the successful completion of projects; liaising with other managers to ensure efficient financial control
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 Undertaking cost management services as part of a team
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 Delivering all work outputs in an accurate and timely manner
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 Providing support to the team leader/service leaders in the cost management of projects
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 Representing the company in a professional and diligent manner; building great client relationships
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 What do you need?:
 
 
 
 
 
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 BSc in quantity surveying or equivalent
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 Previous procurement experience is essential for the role
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 Membership of the Royal Institution of Chartered Surveyors (MRICS) - preferred but not essential
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 Previous technical delivery experience gained within a global consultancy firm
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 Previous Middle East experience
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 To be comfortable working in a client facing role
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 Well-organised, diligent, proactive, assertive, well-disciplined and commercially astute
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 If you are interested in this position please apply now to be considered.
 
 
 
 
 
 Currie &amp; Brown is one of the world&rsquo;s leading physical assets management and construction consultancies, dedicated to advising clients in respect of the management and utilisation of their physical assets, and is differentiated by innovation, expertise and experience.
 
 
 
 
 
 With principal offices in Dubai, Hong Kong, London, Mumbai, New York and Shanghai, we operate throughout the Americas, Asia Pacific, Europe, India and the Middle East.
 
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Cost Manager

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