POSITION SUMMARY
The Cost Accountant & Inventory Controller is responsible for ensuring accurate product costing, robust inventory control, and reliable financial reporting in India Pumps business. The role will drive cost visibility, strengthen inventory governance, support plant performance, and ensure compliance with group guidelines, while working closely with operations, procurement, and supply chain.
KEY RESPONSIBILITIES
Cost Accounting & Product Costing
Maintain and update standard costing for all products, including BOM and routing structures
Perform cost roll-ups and periodic revisions based on raw material, labor, and overhead changes
Analyze material, labor, overhead, and production variances with actionable insights
Monitor PPV (Purchase Price Variance) and usage variances
Support current product costing / tenders / pricing decisions
Ensure accurate classification and absorption of manufacturing overheads
Inventory Control & Governance
Ensure accurate recording and valuation of Raw Materials, WIP, and Finished Goods
Drive inventory reconciliation between ERP and physical stock on a periodic basis
Ensure appropriate reconciliation between inventory sub-ledger and GL balances
Monitor and report slow-moving, non-moving, and obsolete inventory
Prepare and analyze inventory-related journal entries and reconciliations
Ensure proper accounting and provisioning (e.g., LCM/NRV adjustments)
Review and validate inventory ageing reports
Support working capital optimization through inventory reduction initiatives
Physical Inventory & Cycle Counts
Design and oversee cycle count procedures and annual stock counts
Investigate and resolve inventory discrepancies and shrinkage
Ensure adherence to inventory count SOPs and documentation guidelines
Coordinate with plant and auditors during physical verification exercises
Financial Reporting & Closi
📌 Cost Accountant (Ahmedabad)
🏢 CIRCOR International
📍 Ahmedabad
Reply to this offer
Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.