Position: Cost and Management Accountant (CMA)
Grade: Assistant Manager
Location: Gurugram (Corporate Office)
Company: Devyani International Limited (DIL)

About the Role

The Cost Accountant will be responsible for managing cost accounting activities, inventory valuation, product costing, financial analysis, and cost optimization initiatives. The role requires close collaboration with Supply Chain, Procurement, Manufacturing/Commissary, Operations, and Finance teams to ensure accurate costing, improve profitability, and support strategic business decisions.

Key Responsibilities
Cost Accounting & Product Costing
Prepare and maintain product cost sheets and standard costing models.
Analyze material, labor, and overhead costs to determine product profitability.
Review and monitor actual costs against standard costs.
Identify cost-saving opportunities and recommend corrective actions.
Perform periodic cost revisions based on changes in raw material prices and operational costs.
Inventory Accounting & Control




Manage inventory valuation in accordance with accounting standards and company policies.
Monitor inventory movements, stock adjustments, and reconciliations.
Analyze inventory ageing, slow-moving, and obsolete stock.
Coordinate with Supply Chain and Warehouse teams to improve inventory accuracy.
Ensure timely inventory reconciliations between physical stock and ERP records.
Financial Analysis & Reporting
Prepare monthly MIS reports, dashboards, and cost analysis reports.
Conduct variance analysis for material consumption, production costs, and inventory.
Support budgeting, forecasting, and financial planning activities.
Present financial insights and recommendations to management.
Cost Optimization
Identify opportunities to improve operational efficiency and reduce costs.
Support value engineering and cost reduction initiatives.
Analyze vendor pricing and procurement costs.
Track and report savings achieved through cost optimization projects.
Compliance & Audit
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📌 Cost and Management Accountant (Gurugram)
🏢 Devyani International
📍 Gurugram