Cost Accountant

Role & responsibilities

• Preparing Process Cost sheet on every month & analysis the variance comparing actual with standard.
• Discuss the same with concern dept. head regarding abnormal variance.
• Reconcile the account statement with cost on every month.
• Prepared Overall Expenses report for the company as a whole.
• Preparing process labour as and when required.
• Maintaining capital employed register.
• Prepared Employee -wise & Article wise Activity report & analysis the same.
• Participate in Internal Audit as and when required.
• Prepared other MIS reports as when required by Management.
• Monitoring of Daily & Monthly production.
• Monitoring of Breakage/ Yield/ Repairing on a regular basis for overall controlling.
• Comparative Analysis of product estimation and Actual results.
• Working with cross-functional teams to predict and improve cost of production.
• Assisting the management in overall cost control and monitoring of various manufacturing operations.
• Providing management with reports specifying and comparing factors affecting price & profitability of a product.

Preferred candidate profile

• Education: CMA qualification
• Experience: 25 years of relevant experience in Costing, Management Accounting, Manufacturing Finance or Plant Finance.
• Strong hands-on experience in product costing, process costing and standard vs. actual cost analysis.
• Good understanding of variance analysis, cost control, production accounting and profitability analysis.
• Experience in analysing yield, breakage, wastage, labour cost, material consumption and production losses.
• Strong proficiency in MS Excel and MIS reporting; experience with ERP/accounting systems will be an advantage.
• Ability to work closely with Production, Purchase, Stores, Finance and Operations teams.
• Strong analytical and numerical skills with an eye for identifying cost leakages and abnormal variances.
• Ability to prepare and present management reports, costing statements and actionable insights.
• Good understanding of manufacturing processes and cost drivers.
• Strong communication, coordination and stakeholder-management skills.
• Should be detail-oriented, commercially aware and proactive in identifying opportunities for cost optimisation.