Finance Navi Mumbai In office Mid-Senior Cost Management Accountant Position Title Manager - Costing Department Finance Location Plant Mahape Reports to Director Finance Experience Required 5-8 years Manufacturing Industry experience mandatory Role Overview We are seeking a highly skilled and detail-oriented Cost Management Accountant to join our manufacturing organization The role requires a professional with strong expertise in cost accounting audit budgeting MIS inventory management and internal controls The incumbent will ensure accurate financial and costing information provide insights for decision-making strengthen governance and drive cost optimization initiatives across the organization This is a dual-profile role combining accounting responsibilities with cost management accounting and internal control oversight Key Responsibilities 1 Cost Analysis Reporting Control Prepare product-wise cost sheets job-work cost analysis and BOM costing Perform variance analysis material labor overhead etc and present actionable insights Prepare monthly costing Profit Loss Account and product contribution margin analysis Support management in pricing investment evaluation and make-vs-buy decisions Drive cost reduction initiatives by monitoring key cost drivers and collaborating with vendors and operations 2 Budgeting MIS Internal Controls Prepare and monitor annual budgets rolling forecasts and profitability statements Deliver accurate and timely MIS reporting highlighting operational and financial performance against targets Establish monitor and periodically test robust internal controls across costing accounting inventory and plant operations Design and implement control checklists compliance monitoring tools and audit-ready documentation Proactively identify process gaps and risks recommend corrective preventive measures and ensure strict adherence to SOPs and policies Lead as the first line of defense against financial inaccuracies leakages and non-compliance by ensuring effective internal checks Act as key liaison for internal audits ensuring thorough resolution of audit observations and embedding stronger controls 3 Inventory Stock Management Accurately value RM WIP and finished goods inventory in compliance with accounting and cost standards Oversee monthly physical verification stock reconciliations and stock variance reports for management Develop stock-related reports plant stock statements ageing reports slow non-movers and inventory holding reports Collaborate with procurement and operations for stock optimization reduced carrying costs and improved working capital utilization 4 General Accounting Compliance Ensure timely recording of financial transactions as per Ind AS Support monthly and annual book closures reconciliations and accurate reporting Prepare and provide schedules for cost audits statutory audits ensuring compliance with all regulatory requirements Continue strengthening financial governance through internal control frameworks Qualifications Skills Educational Background Bachelor s Degree in Commerce Accounting Finance B Com M Com Qualified Cost and Management Accountant CMA - ICMAI or Chartered Accountant CA Experience 5-8 years in the manufacturing industry in costing MIS internal controls and audit support Technical Skills ERP systems SAP preferred costing manufacturing module MS Excel advanced level pivot lookups automation AI tools Knowledge of Ind AS Cost Accounting Standards Taxation and Internal Control frameworks IFC exposure preferred Skills MIS Budgeting and forecastingInternal Controls Financial compliancesERP Excel Proficiency Analytical Capability Cost accounting and auditInventory Accounting Pricing Control Inventory Management