3 KEY KPIs

1. Costing Accuracy & Timeliness:100% of cost sheets / MIS submitted with 0 errors before deadline.

Ensures management gets reliable data for pricing & decisions

2. Variance Analysis Turnaround:100 % of Material, Labor, Overhead variances reported within 3 days of month close

Helps identify cost leaks and control deviations quickly

3. Automation & Report Efficiency:100% of manual reports converted to Excel dashboards/Pivot/Automation

Reduces TAT and improves data accuracy using Advanced Excel

10 KEY KRAs

A. Costing & Analysis

1. Product Costing

Prepare BOM-based product cost sheets for RM, PM, Labor, and Overhead. Update costs monthly

2. Variance Analysis

Analyse Material, Labor, and Overhead variances vs standard cost. Prepare variance reports in Excel

3. Inventory Valuation

Support month-end stock valuation - FG, WIP, RM. Reconcile stock with cost ledger

B. MIS & Reporting - Advanced Excel Focus

1. MIS Dashboard Creation

Build and maintain agile Excel dashboards with Pivot Tables, VLOOKUP/XLOOKUP, Power Query for cost MIS

2. Cost MIS & Management Reports





Prepare daily/weekly/monthly cost reports - production cost, wastage, yield, consumption reports

3. Data Automation

Use Macros, Power Query, and formulas to automate repetitive costing and reporting tasks

C. Budgeting & Control

4. Budgeting Support

Assist in annual budget and quarterly forecasts. Track actual vs budget and flag deviations

5. Cost Control & Monitoring:

Track key cost drivers - RM wastage, power, scrap. Highlight abnormal costs to Cost Head

D. Compliance & Coordination

6. Audit & Documentation

Maintain cost records as per Cost Audit requirements. Support internal and statutory cost audits

7. Cross-Functional Coordination

Coordinate with Production, Purchase, and Stores for data on consumption, rates and yield.

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Pay: ₹15,000.00 - ₹20,000.00 per month

Benefits:

- Cell phone reimbursement
- Internet reimbursement

Education:

- Bachelor's (Preferred)

Experience:

- Cost Accountant : 1 year (Preferred)

Work Location: In person

📌 Junior Cost Accountant (Indore)
🏢 Aspire Initiatives
📍 Indore