Job PurposeTo ensure accurate product costing, inventory valuation, cost analysis, and cost control across manufacturing operations. The role supports management decision-making through detailed cost reports, variance analysis, budgeting, and profitability assessment while ensuring compliance with accounting standards and internal controls.Key Responsibilities1. Product Costing & Cost AnalysisPrepare and maintain product-wise costing for all tyre categories and SKUs.Develop standard costing models for raw materials, chemicals, fabrics, steel cords, carbon black, rubber compounds, and other production inputs.Calculate and monitor standard cost, actual cost, and cost variances.Analyze cost per tyre, cost per kg, and process-wise manufacturing cost.Conduct cost-benefit analysis for recent products and product modifications.2. Manufacturing Cost ControlMonitor consumption of raw materials, packing materials, fuel, power, and consumables.Analyze material yield, wastage, scrap generation, and process losses.Identify cost-saving opportunities and support continuous improvement initiatives.Review machine utilization and capacity-related cost implications.Support plant management in reducing conversion costs.3. Inventory & Stock VerificationEnsure accurate valuation of Raw Material, WIP, Finished Goods, Stores,



Spares inventory.Reconcile inventory records with finance books and ERP (SAP) records.Participate in monthly stock verification and annual physical inventory counts.Analyze slow-moving, non-moving, and obsolete inventory.4. Budgeting & ForecastingAssist in preparation of annual budgets and rolling forecasts.Monitor actual performance against budgets.Analyze budget variances and provide recommendations to management.Prepare cost center-wise expense reports.5. Variance AnalysisPerform detailed analysis of:Material Price Variance (MPV)Material Usage Variance (MUV)Labour Cost VariancePower & Fuel VarianceOverhead VarianceProduction Yield VariancePresent key findings and corrective actions to management.6. MIS & Management ReportingPrepare daily, weekly, and monthly costing MIS.Generate product profitability and customer profitability reports.Prepare plant performance reports covering:Production CostConversion CostMaterial ConsumptionYield AnalysisCost Variance ReportsProvide analytical support to management for strategic decisions.Educational QualificationCMA (Cost & Management Accountant)Experience5-6 years of experience in Manufacturing Costing.Experience in Tyre, Rubber, Auto Components, Chemical, FMCG, or Process Manufacturing Industry preferred.Hands-on experience in ERP (SAP) systems and advanced Excel.

📌 Cost Accountant (Laksar)
🏢 JK Tyre & Industries
📍 Laksar