Cost Accountant

Post: COST ACCOUNTANT

Job Location: Bhiwadi, Rajasthan

Education: ICWA (CMA)

Experience: 10 years 15 years

Salary Budget: 12 LPA - 15 LPA

JOB DESCRIPTION

1.Cost Analysis & Control: Analyze manufacturing costs and prepare periodic reports comparing standard costs to actual production costs. Identify and report on variances, their causes, and provide recommendations for improvement.

2.Product Costing: Calculate and establish standard costs for raw materials, finished goods, and overheads in a complex manufacturing environment. Maintain and update cost standards in the ERP system (e.g., SAP, Tally,).

3.Inventory Management: Perform month-end closing activities related to inventory, including valuation, reconciliation, and reporting. Oversee physical inventory counts and cycle counts, investigating and resolving any discrepancies.

4.Margin Analysis: Conduct profitability analysis for different product lines, customers, and projects to support strategic pricing and business decisions.

5.Management Reporting: Prepare key internal reports for management, including cost of goods sold (COGS), gross margin analysis, and manufacturing efficiency reports.

6.Budgeting & Forecasting: Assist in the preparation of annual budgets and periodic forecasts for manufacturing overheads and production costs.

7.Process Improvement: Continuously identify and implement process improvements within the cost accounting function to enhance accuracy, efficiency, and control.

8.Audit Support: Provide necessary documentation and analysis for internal and statutory audits.

Key Skills:

• Proven experience in cost accounting, within a manufacturing industry
• Strong understanding of costing techniques (Standard Costing, Batch Costing), accounting principles and inventory valuation methods
• Hands-on experience with any major ERP system / Tally for cost module transactions and reporting.
• Exceptional analytical and problem-solving skills with a keen attention to detail.