Location: Mumbai (Goregaon East)
Industry: Manufacturing / Chemical
Experience: 3+ Years
Qualification: Bachelors/Masters in Commerce, Finance or Accounting
CMA/ICWA: Preferred
Job Overview
We are looking for an experienced and detail-oriented Cost Accountant to join our Finance team. The candidate will be responsible for cost analysis, product costing, inventory monitoring, variance analysis, budgeting, and financial reporting.
Key Responsibilities
Analyze manufacturing and production costs to identify cost-effective methods.
Prepare product costing and compare standard costs with actual production costs.
Monitor and analyze material, direct labour, overhead, and manufacturing costs.
Conduct variance analysis and investigate discrepancies.
Prepare budgeting and cost-related reports in coordination with various departments.
Monitor inventory levels and participate in physical inventory verification.
Ensure accurate classification and recording of expenses.
Verify material costs and maintain accuracy of costing data in the accounting system.
Perform month-end activities including journal entries and reconciliations.
Support internal audits and ensure compliance with applicable accounting practices and regulations.
Identify prospects for cost reduction and improved profitability.
Prepare and present cost-related reports to management and stakeholders.
Mandatory Skills
Robust knowledge of Cost Accounting & Costing.
Experience in Manufacturing Costing.
Hands-on experience in Product Costing.
Robust understanding of Standard vs. Actual Cost & Variance Analysis.
Knowledge of Inventory & Material Costing.
Experience in Budgeting, Cost Control & Analysis.
Good knowledge of accounting principles and reconciliations.
Proficiency in Tally/ERP and MS Excel.
Minimum 3+ years of relevant experience.
Preferred Skills
CMA / ICWA qualification.
Experience in Chemical, Pharma, Food, API or other manufacturing ind