About the Job: Cost Accountant - Accounts & Finance

Introduction: A Career at STURLITE At Sturlite, our diverse and team-oriented team harnesses the power of technology, expertise, and innovation to drive transformation, deliver excellence, and shape tomorrow.

About the Role We are seeking a detail-oriented and experienced Cost Accountant to oversee product cos ng, cost analysis, inventory valuation, manufacturing cost control, budge ng, and profitability analysis across the organization. The role requires strong expertise in cost accounting principles, variance analysis, inventory management, and financial reporting, along with hands-on experience in ERP systems such as SAP S/4HANA.

Key Responsibilities Monitor production costs and identify opportunities for cost reduction. Analyse material consumption and yield variances. Track manufacturing overheads and recommend cost optimization measures. Work closely with production teams to improve operational efficiency. Evaluate cost-saving initiatives and monitor achieved savings.



Prepare and maintain standard and actual product cost sheets. Calculate and analyse raw material, labour, overhead, and conversion costs. Review and update Bill of Materials (BOMs) and routing data for accurate costing. Support pricing decisions through detailed cost and margin analysis. Conduct product-wise, customer-wise, and plant-wise profitability analysis. Ensure accurate valuation of Raw Materials, WIP, Finished Goods, Scrap, and Consumables. Reconcile inventory records with ERP and financial books. Monitor slow-moving, non-moving, and obsolete inventory. Assist in preparation of annual operating budgets and cost forecasts and monitor actual cost against budget. Prepare monthly manufacturing cost reports and dashboards. Ensure adherence to Cost Accounting Standards (CAS) and company policies Support compliance with GST and other regulatory requirements impacting cost accounting.

Process Improvement Support automation initiatives and c

📌 Cost Accountant (Mumbai)
🏢 Sturlite India
📍 Mumbai