Job Summary The Cost Accountant is responsible for analyzing, controlling, and reporting product and operational costs across the business. The role supports management decision-making through cost analysis, budgeting, variance reporting, inventory valuation, and profitability assessments. The incumbent will work closely with operations, manufacturing, procurement, and finance teams to ensure accurate costing information and identify opportunities for cost optimization and operational efficiency.

Work Location Ahmedabad/Noida/Mumbai / Hybrid

Responsibilities

- Cost Accounting & Analysis: Plan, collect, and analyze cost data relating to raw materials, labor, inventory, overheads, and manufacturing activities.
- Cost Accounting & Analysis: Maintain accurate standard costing models and ensure periodic review and updates.
- Cost Accounting & Analysis: Analyze production and operational costs to identify trends, inefficiencies, and cost-saving opportunities.
- Cost Accounting & Analysis: Perform detailed cost-benefit analyses to support business decisions and strategic initiatives.
- Cost Accounting & Analysis: Monitor and report actual manufacturing costs against standard costs.
- Inventory & Manufacturing Accounting: Support inventory valuation and cost allocation processes.
- Inventory & Manufacturing Accounting: Analyze inventory movements, stock adjustments, and obsolescence provisions.
- Inventory & Manufacturing Accounting: Review material consumption and production variances.
- Inventory & Manufacturing Accounting: Coordinate physical inventory counts and reconciliation activities.
- Inventory & Manufacturing Accounting: Ensure accurate costing of finished goods, work-in-progress, and raw materials.
- Variance Analysis & Reporting: Conduct monthly variance analysis covering:
- Variance Analysis & Reporting: Material variances
- Variance Analysis & Reporting:



Labor variances
- Variance Analysis & Reporting: Overhead variances
- Variance Analysis & Reporting: Production yield variances
- Variance Analysis & Reporting: Inventory variances
- Variance Analysis & Reporting: Investigate significant cost fluctuations and provide recommendations to management.
- Variance Analysis & Reporting: Prepare detailed financial and operational reports highlighting cost drivers and profitability trends.
- Budgeting & Forecasting: Support annual budgeting and forecasting activities.
- Budgeting & Forecasting: Develop cost models and financial projections for current and existing products.
- Budgeting & Forecasting: Assist management in evaluating pricing strategies and margin improvements.
- Budgeting & Forecasting: Monitor actual performance against budget and forecast targets.
- Financial Accounting & Month-End Close: Prepare and post journal entries related to manufacturing and operational costs.
- Financial Accounting & Month-End Close: Assist with month-end, quarter-end, and year-end closing activities.
- Financial Accounting & Month-End Close: Reconcile cost-related balance sheet accounts.
- Financial Accounting & Month-End Close: Ensure accuracy and completeness of financial records in accordance with accounting standards.
- Product Costing & Profitability Analysis: Develop and maintain product cost structures.
- Product Costing & Profitability Analysis: Analyze profitability by product, customer, channel, and business unit.
- Product Costing & Profitability Analysis: Evaluate the financial impact of changes in raw material prices, labor costs, and operational processes.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

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