Head - Cost Accountant

Role Overview:

We are seeking a seasoned Head Cost Accountant to lead our financial operations in Mumbai, serving as a strategic partner to the leadership team. In this role, you will oversee the entire cost accounting lifecycle, ensuring that our financial structures are optimized for profitability and operational efficiency. You will work closely with cross-functional department heads, supply chain teams, and executive stakeholders to translate complex cost data into actionable business insights. By driving rigorous cost control measures and spearheading budgeting initiatives, you will directly influence the company's bottom line and play a pivotal role in shaping our long-term financial strategy.

Key Responsibilities:

• Design and implement robust cost accounting frameworks to provide accurate visibility into product and project profitability for executive decision-making.
• Lead the annual budgeting and periodic forecasting processes, collaborating with department heads to ensure financial targets align with organizational growth objectives.
• Execute deep-dive variance analysis to identify cost inefficiencies, recommending corrective actions that improve margins and operational performance.
• Manage comprehensive financial reporting cycles, ensuring compliance with accounting standards while providing stakeholders with clear, data-driven performance narratives.
• Oversee the integration and optimization of SAP FICO modules to streamline cost tracking and ensure the integrity of financial data across the enterprise.
• Drive strategic finance initiatives by evaluating capital expenditure and cost-saving opportunities that enhance the company's competitive market position.

Required Skillset:

• Demonstrated expertise in advanced cost accounting and management accounting principles, with a proven ability to translate technical data into strategic business recommendations.
• Strong proficiency in SAP FICO, with the ability to leverage ERP systems to automate reporting and improve the accuracy of financial controls.
• Exceptional analytical capabilities, specifically in conducting variance analysis and financial modeling to support high-stakes management decisions.
• Proven track record of leading finance teams, with the interpersonal skills necessary to influence stakeholders and drive cross-departmental accountability.
• Professional qualification such as CA, ICWA, or an MBA in Finance from a premier institute, providing a solid foundation in financial theory and practice.
• Ability to thrive in a fast-paced, on-site environment in Mumbai, maintaining high standards of accuracy and professional integrity under tight reporting deadlines.
• 8 to 15 years of progressive experience in finance and accounts, with a specific focus on cost management within a manufacturing or large-scale operational setting.