20 Aug
|
Jodas Expoim
|
Hyderabad
20 Aug
Jodas Expoim
Hyderabad
Job Summary:
We are looking for a detail-oriented Cost Accountant with 14 years of experience in inventory valuation, BOM (Bill of Materials) analysis, product costing, and physical inventory management. The ideal candidate will support cost control, inventory accuracy, and management reporting functions within the finance/accounts team.
Key Responsibilities:
- Perform inventory valuation in line with applicable accounting standards (FIFO/Weighted Average) and ensure accurate month-end/year-end inventory reporting
- Maintain and validate Bills of Materials (BOM); ensure BOM accuracy against actual production consumption
- Conduct product costing — standard costing, actual costing, and variance analysis (material, labor, overhead)
- Plan, coordinate, and execute physical inventory verification/stock audits across warehouses/plants
- Identify and report non-moving, slow-moving, and obsolete inventory; recommend provisioning as per company policy
- Drive inventory liquidation processes for non-moving/obsolete stock, coordinating with sales/procurement teams
- Reconcile physical stock counts with system records (ERP/SAP) and investigate discrepancies
- Prepare cost sheets, cost variance reports, and inventory ageing analysis for management review
- Support internal/statutory auditors with inventory-related schedules and documentation
- Collaborate with production, procurement, and warehouse teams to ensure costing accuracy and inventory control
Required Skills & Qualifications:
- CMA (Inter/Qualified)
- 1–4 years of relevant experience in cost accounting, preferably in a manufacturing workplace
- Strong working knowledge of inventory valuation methods, BOM structures, and product costing techniques
- Hands-on experience with physical inventory verification and stock reconciliation
- Experience identifying and managing non-moving/obsolete inventory and liquidation processes
- Proficiency in ERP systems (SAP/Oracle/similar) and advanced MS Excel skills
- Strong analyt
📌 Cost Accountant (Hyderabad)
🏢 Jodas Expoim
📍 Hyderabad