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

Inventory & Costing Accountant

1. Position Purpose

This is a hands-on ownership role for a technically strong costing qualified to take end-to-end responsibility for inventory valuation, standard costing, variance analysis and physical inventory control at the India manufacturing entity.

The role requires someone equally comfortable with deep costing technical judgement and with disciplined, Manual Control execution every reconciliation, variance and reserve computation must be built and defended through robust, auditable manual working papers.

2. Key Responsibilities

Standard Costing & Cost Accounting
- Own the annual (and any interim) standard cost revision — material, labour and overhead — ensuring revision within 60 days of the physical inventory, with a Controller-approved revision form and impact analysis before implementation.




- Maintain and validate the manufacturing overhead absorption rate and methodology and determine the correct capitalize-versus-expense treatment for abnormal production/volume variances under Ind AS 2.
- Prepare and present monthly manufacturing and purchase price variance analysis with documented root cause for every variance above the materiality threshold.
- Audit bill-of-materials and routing accuracy periodically against actual shop-floor practice

Inventory Valuation & Reconciliation
- Ensure inventory is valued at the lower of cost (FIFO or weighted average) and net realisable value across raw material, WIP (open orders and components), finished goods, in-transit and intercompany inventory.
- Reconcile every inventory category to the general ledger and to perpetual stock records monthly, using manually maintained working papers given known ERP reporting limitations
- Age and investigate open work orders beyond 60 d

📌 Inventory & Cost Accountant - Ca (Yelahanka)
🏢 Corenza
📍 Yelahanka