Cost Accountant

Key Responsibilities:

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: 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.

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

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

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

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

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 Requirement - 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.

CMA / CA/CA Inter Qualification.

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