Cost Accountant 3-6 Years

JOB DESCRIPTION

About the Role of a Cost Accountant

Deliver accurate product costing, inventory valuation, manufacturing cost analysis, and profitability insights, partnering with Manufacturing, Supply Chain, Procurement, Industrial Controlling, and Finance to drive operational efficiency, ensure a timely and compliant costing close, and support strategic decision-making across the organization.

Key Responsibilities

1. Product Costing & Standard Cost Updates: Perform standard costing, actual costing, and product cost calculations, including the annual standard cost update and standard cost updates for PIDs on request.

2. Manufacturing Cost & Variance Analysis: Analyze manufacturing costs and identify cost drivers affecting profitability, and monitor and report material, labor, overhead, and production variances.

3. Inventory Valuation & Cost Allocation: Support monthly costing runs, inventory valuation, and inventory reconciliations, and ensure accurate cost allocation and absorption methodologies.

4. Costing Close & Reporting: Execute monthly, quarterly, and annual closing activities for costing and inventory, and prepare cost reports, manufacturing KPI dashboards, and management analysis.

5. Audit, Compliance & Controls: Ensure compliance with Group accounting policies and internal controls, and support internal and external audits related to costing and inventory processes.

6. Collaboration & Team Development: Work with global stakeholders across Europe, Asia, and the Americas, including operational teams, to resolve costing matters, and support the training of young team members.

Key Skills & Educational Requirements

• Product Costing
  
• Standard & Actual Costing
  
• Inventory Valuation
  
• Manufacturing Cost & Variance Analysis
  
• Cost Allocation & Absorption
  
• Month-End Close
  
• Financial Reporting
  
• Record-to-Report
  
• General Ledger
  
• ERP Systems
  
• Internal Controls
  
• Audit & Compliance
  
• MS Excel
  
• Stakeholder Management
  

Qualification: CMA / CA / CA Inter qualification.

Location & Work Timing

• Location: Kharadi, Pune, Maharashtra.
  
• Work Model: Hybrid (3 days office, 2 days remote).
  
• Timing: Shift-based, aligned to Europe, Asia, and Americas time zones.