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 setting
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
Robust analytical skills with attention to detail and accuracy
Positive communication skills to coordinate across cross-functional teams (production, warehouse, procurement)

Preferred:
Prior experience in [Insert Industry — e.g., Pharmaceuticals/Manufacturing/FMCG]
Exposure to standard costing and variance analysis in a plant/factory setting

📌 Cost Accountant Hyderabad
🏢 Jodas Expoim
📍 Hyderabad