Cost Accounting Manager

Key Responsibilities

Product Costing & Profitability

• Prepare and maintain accurate product cost sheets for Ball Valves, Butterfly Valves, and related products.
  
• Analyze material, labour, machining, assembly, and overhead costs.
  
• Conduct standard costing and variance analysis.
  
• Review product profitability and recommend cost reduction opportunities.
  
• Support pricing decisions through detailed cost analysis.
  

Manufacturing Cost Control

• Monitor production costs and identify cost-saving opportunities.
  
• Analyze material consumption, yield losses, scrap, and rework costs.
  
• Track and report manufacturing variances.
  
• Implement cost control measures across manufacturing operations.
  

Budgeting & MIS

• Assist in annual budgeting and forecasting exercises.
  
• Prepare monthly MIS reports on production costs and profitability.
  
• Monitor budget versus actual performance.
  
• Present financial and operational analysis to management.
  

Financial & Compliance Support

• Support statutory and cost audits.
  
• Ensure compliance with cost accounting standards and company policies.
  
• Collaborate with procurement, production, and sales teams.
  
• Maintain cost records for management and regulatory requirements.
  

Desired Candidate Profile

Mandatory Requirements

• 8+ years of experience in cost accounting within engineering manufacturing.
  
• Strong understanding of BOMs, routing, product costing, and inventory valuation.
  
• Experience in SAP .
  
• Advanced Excel skills.
  
• Working knowledge of manufacturing processes including machining, assembly, fabrication, and testing.
  

Preferred Industry Experience

• Industrial Valves (Ball Valves / Butterfly Valves)
  
• Heavy Engineering
  
• Process Equipment Manufacturing