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
- Solid 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 Exce

📌 Cost Accountant (Hyderabad)
🏢 Radha TMT
📍 Hyderabad