About Company

The company operates in the advanced electronics manufacturing industry, specializing in high-performance connectivity solutions for data transmission and communication systems.

Job Description

Position Overview

We are seeking an experienced Inventory & Cost Accountant to support finance and plant operations

within a manufacturing workplace. The role will partner closely with Plant Finance, Operations, Supply

Chain, Procurement, Production, Quality, and Corporate Finance teams to ensure accurate inventory

valuation, robust cost controls, and timely financial reporting.

Key Responsibilities

1. Standard Costing & Cost Accounting
- Develop, maintain, and review standard costs for raw materials, components, labor, overheads, and finished goods.
- Perform periodic standard-cost updates and ensure costing reflects approved business assumptions.
- Analyze product and manufacturing costs and identify cost optimization opportunities.
- Ensure accurate BOM, routing, work-center, and cost-component information for costing purposes.
- Support annual budgeting,



forecasting, and standard-cost-setting exercises.

2. Manufacturing Variance Analysis
- Prepare and analyze manufacturing cost variances, including material price/usage, labor efficiency, production overhead, purchase price, yield, and production variances.
- Investigate significant variances with Plant Operations, Procurement, Production, and Supply Chain teams.
- Provide meaningful variance commentary and identify root causes and corrective actions.
- Monitor actual versus standard costs and drive continuous improvement in manufacturing cost performance.
- Prepare monthly plant cost-performance reports and management dashboards.

3. Inventory Accounting & Reconciliation
- Perform monthly inventory reconciliations between ERP/system records and the general ledger.
- Reconcile raw materials, work-in-progress, finished goods, and other inventory categories.
- Investigate inventory discrepancies, ne

📌 Inventory & Cost Accountant - Ca/Cma/Mba (Bengaluru)
🏢 Corenza
📍 Bengaluru