Cost Accountant, Project Costing (Manufacturing)

Cost Accountant, Project Costing (Manufacturing)
Location: Bangalore | Department: Finance & Controlling
Reports to: Plant Finance Head
Employment type: Full-time | Experience: 3-6 years
About the Role
We are looking for a CMA-qualified finance professional to own project costing for our manufacturing operations. You
will build and track project budgets, analyse cost variances, and give project managers and plant leadership the
margin visibility they need to make decisions.
Key Responsibilities


Prepare project cost estimates and budgets covering materials, labor, machine hours, subcontracting, and
overheads
Track actual vs. budgeted costs across the project lifecycle, and report on margins, forecast-to-complete, and
cost-to-complete
¢
¢
¢
Analyze material price, usage, labor efficiency, and overhead variances, and recommend corrective actions
Maintain standard costs and BOM/routing cost roll-ups, and run periodic cost revisions
Manage WIP valuation, cost capitalization, and month-end project accounting (accruals, cost allocations,
revenue recognition support for long-term contracts)
¢
¢
¢
¢
Work with Engineering, Procurement, Production, and Sales on quotations, change orders, and pricing
Support audits, inventory valuation, and cost audit compliance
Build dashboards and MIS reports on project profitability, and flag overruns early
Identify cost-reduction and process improvement opportunities
Required Qualifications
¢
CMA (CMA from ICMAI) or CA Inter . CMA / CA inter, candidates who have cleared one or more parts are
also welcome to apply, with the right experience
¢
¢
Bachelor's degree in Commerce, Accounting, Finance, or Engineering
3-6 years of cost accounting experience in a manufacturing environment, preferably with project-based or
engineer-to-order production
¢
¢
¢
Strong knowledge of costing methods: standard, job/project, process, and activity-based costing
Working knowledge of ERP systems (Tally ERP)
Advanced Excel skills (pivot tables, lookups, financial modelling)
Preferred Skills
¢
¢
¢
Familiarity with Ind AS / US GAAP / IFRS for inventory and contract accounting
Exposure to lean manufacturing, Six Sigma, or target costing
Experience with long-term contract accounting (percentage-of-completion)
Core Competencies
¢
¢
¢
¢
Analytical, with attention to detail
Clear communicator who can explain financial data to non-finance stakeholders
Comfortable working on the shop floor and with cross-functional teams
Ownership mindset and the ability to manage month-end deadlines