Call : Prasant- (phone hidden)

Key Responsibilities

A. Product Costing & Cost Management

Lead product-wise costing across manufacturing units, covering raw materials, packing materials, conversion costs, utilities, manpower and manufacturing overheads; review actual costs, validate costing assumptions and identify key cost drivers and cost optimization opportunities.

B. Overhead Allocation & Cost Centre Management

Lead the allocation of manufacturing and operational overheads to products and cost centres based on appropriate cost drivers; monitor plant-wise and product-wise overhead absorption and identify abnormal costs, under/over absorption and corrective actions.

C. Product Profitability & Margin Analysis

Prepare and review monthly product-wise gross margin and profitability analysis; classify products based on margin levels, analyze the impact of raw material and manufacturing cost changes, and provide insights for pricing, product mix and profitability improvement.

D. Standard Costing, Variance & Cost Control

Develop and monitor standard/estimated costs against actual costs and conduct variance analysis covering material price, material consumption, conversion cost, manufacturing overhead, yield and other significant deviations; identify root causes and drive corrective cost-control measures.

E. Raw Material & Material Consumption Analysis

Monitor raw material purchase prices, material issues and consumption trends; analyze their impact on product costs and profitability and coordinate with Procurement, Stores and Production to validate consumption and costing data.

F. BOM & Product Cost Structure

Review and validate BOMs, consumption norms, process parameters, yields and other product cost inputs; coordinate with Production, Engineering, R&D; and relevant functions to assess and incorporate changes affecting product cost.

G. Inventory Valuation & Control





Lead monthly inventory valuation across manufacturing units covering raw materials, packing materials, WIP and finished goods; review physical verification, reconciliation and inventory variances and ensure alignment with financial records.

H. Expense Analysis & Plant Cost Review

Prepare and review monthly plant-wise expense statements and analyze actual expenses against previous periods and budgets, where applicable; identify significant variations, unusual expenditure trends and opportunities for cost control in coordination with Plant Finance and Operations.

I. Financial Reconciliation & Management Reporting

Ensure costing, inventory and profitability reports are reconciled with the company's financial records and P&L; prepare monthly costing MIS, dashboards and management reports and provide timely, accurate and actionable financial insights to senior management.

J. Plant & Cross-Functional Coordination

Act as the key costing interface between Corporate Finance, Plant Finance, Production, Procurement, Stores, Supply Chain, QA and other relevant functions; validate operational data and guide plant teams in maintaining accurate costing, inventory and profitability information.

K. Cost Optimization & Business Support

Identify and evaluate cost-reduction and profitability-improvement opportunities across products and manufacturing locations; assess the financial impact of operational and business proposals and support management decisions relating to pricing, product profitability, manufacturing location and cost competitiveness.

L. Team Leadership & Process Governance

Lead, mentor and develop the costing team; ensure effective allocation of responsibilities, timely completion of costing and reporting activities, consistent costing practices across units, robust controls and continuous improvement of costing processes, templates, MIS and review mechanisms.

📌 Cost & Management Accountant(Manager Level)-Hyderabad-Corporate Office
🏢 Metrochem
📍 Hyderabad