* Cost Accounting & Product Costing
* Maintain and update standard costing for all products, including BOM and
routing structures
* Perform cost roll-ups and periodic revisions based on raw material, labor,
and overhead changes
* Analyze material, labor, overhead, and production variances with actionable
insights
* Monitor PPV (Purchase Price Variance) and usage variances
* Support current product costing / tenders / pricing decisions
* Ensure accurate classification and absorption of manufacturing overheads
* Inventory Control & Governance
* Ensure accurate recording and valuation of Raw Materials, WIP, and Finished
Goods
* Drive inventory reconciliation between ERP and physical stock on a periodic
basis
* Ensure appropriate reconciliation between inventory sub-ledger and GL
balances
* Monitor and report slow-moving, non-moving, and obsolete inventory
* Prepare and analyze inventory-related journal entries and reconciliations
* Ensure proper accounting and provisioning (e.g., LCM/NRV adjustments)
* Review and validate inventory ageing reports
* Support working capital optimization through inventory reduction initiatives
* Physical Inventory & Cycle Counts
* Design and oversee cycle count procedures and annual stock counts
* Investigate and resolve inventory discrepancies and shrinkage
* Ensure adherence to inventory count SOPs and documentation guidelines
* Coordinate with plant and auditors during physical verification exercises
* Financial Reporting & Closing
* Support month-end closing activities related to inventory and cost accounting
* Provide inputs for group reporting and MIS (inventory and cost metrics)
* Ensure compliance with accounting standards and internal policies
* Business Partnering & Operational Support
* Work closely with plant operations, procurement, and supply chain teams
* Provide insights on:
* Cost reduction opportunities
* Efficiency improvements
* Inventory optimization
* Drive initiatives for lean inventory and