Key Responsibilities Cost Accounting & Product Costing Prepare and maintain standard costs for billets, TMT bars, and by-products (scale, slag, etc.) Compute process-wise cost (Melting Shop/SMS, Rolling Mill) including yield, conversion cost, and burning loss Track and analyze raw material consumption (iron ore/sponge iron/scrap) vs. standard norms Prepare cost sheets for each grade/size of TMT bars produced Yield & Variance Analysis Monitor metallic yield, rolling yield, and power/fuel consumption against budgeted norms Investigate and report variances (material, labor, overhead) with root-cause analysis Track scrap generation, rejection, and rework costs Budgeting & MIS Assist in preparation of annual budgets and monthly rolling forecasts Prepare daily/weekly/monthly MIS reports on production cost, per-ton conversion cost, and profitability Track power & fuel cost per ton, consumable costs, and other overheads Inventory & Valuation Conduct physical stock verification of stores / raw materials, WIP, and finished goods Ensure correct inventory valuation as per costing standards and accounting policies (Ind AS) Reconcile stock records between production, stores, and finance Compliance & Audit Maintain cost records as per Companies (Cost Records and Audit) Rules,



if applicable Support internal, statutory, and cost audits with required schedules and data Ensure compliance with GST/costing-related documentation Cross-Functional Coordination Liaise with production, purchase, and quality departments to gather cost-relevant data Support pricing decisions by providing cost-plus analysis for different product grades Assist management with cost-reduction initiatives and process improvement studies Key Skills Required Robust knowledge of cost accounting principles, standard costing, and variance analysis Familiarity with steel/TMT manufacturing process (SMS, Rolling Mill operations) Proficiency in ERP systems and advanced Excel Analytical mindset with attention to detail Knowledge of Ind AS / Cost Accounting Standards (CAS) Key Performance Indicators (KPIs) Accuracy of cost sheets and timeliness of MIS reports Reduction in cost variances (material, yield, power) Inventory accuracy % Turnaround time for audit/compliance data Location: Chegunta, Hyderabad Experience: 3–6 years (in steel/TMT/manufacturing industry preferred) Qualification: B.Com / M.Com / CMA (Inter or Qualified) / CA Inter preferred

📌 Cost Accountant - Plant (Telangana)
🏢 Radha TMT
📍 Telangana