Job Overview

We are seeking an experienced Manufacturing Cost Accountant to manage product costing, manufacturing accounting, WIP, inventory valuation, production variance analysis, and profitability reporting.

Key Responsibilities
- Develop, maintain, and update detailed BOMs and standard costs for all SKUs and product revisions.
- Calculate complete product costs covering formulas, raw materials, packaging, printing, decoration, filling, assembly, inspection, testing, freight, duties, warehousing, and other landed costs.
- Validate units of measure, pack sizes, fill weights, production quantities, component usage, yield assumptions, and approved production overages.
- Determine actual production costs by SKU, batch, customer order, supplier, and manufacturing facility.
- Manage WIP accounting for bulk formulas, production-issued components, partially completed goods, finished products pending QA release, rework, repacking, relabeling, and inventory held at contract manufacturers.
- Reconcile WIP balances by SKU, batch, production order, factory, production stage, quantity,



and financial value.
- Reconcile production deposits, factory accruals, uninvoiced receipts, issued materials, unused components, bulk inventory, completed production, and finished-goods receipts.
- Investigate aged, stalled, negative, duplicated, and unexplained WIP balances and ensure timely resolution.
- Ensure all materials issued to production are properly accounted for as finished goods, remaining inventory, approved production loss, rework, quarantine, or recoverable damage.
- Compare theoretical material consumption and expected yields with actual production usage and output.
- Analyze purchase-price, material-usage, formula-yield, filling-yield, scrap, rework, freight, duty, foreign-exchange, WIP, and inventory variances.
- Measure and document manufacturing losses, including bulk loss, overfilling, setup waste, damaged components, defective packaging, rejected finished goods, sorting

📌 Manufacturing Cost Accountant (India)
🏢 Creations Craft
📍 India