Job Title: Cost Accountant Location: Hisar, Haryana Industry: Defence Manufacturing (ESR / Forging) Experience: 5–10 Years Qualification: CMA (Cost & Management Accountant) Role Overview We are seeking a highly skilled and analytical Cost Accountant with strong domain expertise in ESR and forging operations, specifically within the defence manufacturing segment. The role requires a professional who can drive cost efficiency, develop robust costing systems, and support strategic decision-making.

Key Responsibilities - Costing & Analysis - Develop and maintain accurate product costing for ESR and forging processes

- Conduct variance analysis (material, labor, overheads) and identify cost optimization opportunities
- Prepare detailed cost sheets for defense-grade products - System Development & Process Improvement - Design and implement new costing systems, controls, and MIS frameworks
- Drive automation and digitization initiatives in costing and reporting
- Strengthen internal controls and standard costing mechanisms - SAP & Digital Integration - Hands-on working experience in SAP (CO, MM, PP modules preferred)
- Ensure accurate cost capture and reporting through SAP systems
- Collaborate with IT teams for system enhancements and AI-driven analytics - Budgeting & MIS - Prepare annual budgets and rolling forecasts
- Monitor actual performance vs budget and report deviations




- Deliver insightful MIS reports to senior management - Defense Sector Costing - Understand cost structures specific to defense manufacturing
- Support pricing decisions, tenders, and contract costing
- Ensure compliance with industry norms and audit requirements - Cross-Functional Collaboration - Work closely with production, procurement, and finance teams
- Provide cost inputs for strategic and operational decisions Key Requirements - CMA qualified with 5–10 years of relevant experience
- Mandatory experience in ESR / Forging industry, preferably in the defence segment
- Proven track record in developing and implementing costing systems
- Strong hands-on experience in SAP environment
- High level of analytical and problem-solving ability Desired Competencies - Excellent communication and presentation skills
- Solid business acumen and strategic thinking
- Well-versed with emerging technologies including AI and data analytics
- Ability to work in a fast-paced and evolving manufacturing environment Why Join Us - Opportunity to work in a high-growth defense manufacturing sector
- Exposure to advanced metallurgical processes like ESR and forging
- Platform to drive digital transformation and AI adoption in costing
- Leadership visibility and strategic role in cost optimization

📌 Cost Accountant (Panipat)
🏢 Jindal Stainless
📍 Panipat