About the Role of a Cost Accountant

Deliver accurate product costing, inventory valuation, manufacturing cost analysis, and profitability insights, partnering with Manufacturing, Supply Chain, Procurement, Industrial Controlling, and Finance to drive operational efficiency, ensure a timely and compliant costing close, and support strategic decision-making across the organization.

Key Responsibilities

1. Product Costing & Standard Cost Updates: Perform standard costing, actual costing, and product cost calculations, including the annual standard cost update and standard cost updates for PIDs on request.
2. Manufacturing Cost & Variance Analysis: Analyze manufacturing costs and identify cost drivers affecting profitability, and monitor and report material, labor, overhead, and production variances.
3. Inventory Valuation & Cost Allocation: Support monthly costing runs, inventory valuation, and inventory reconciliations, and ensure accurate cost allocation and absorption methodologies.
4. Costing Close & Reporting: Execute monthly, quarterly, and annual closing activities for costing and inventory, and prepare cost reports, manufacturing KPI dashboards,



and management analysis.
5. Audit, Compliance & Controls: Ensure compliance with Group accounting policies and internal controls, and support internal and external audits related to costing and inventory processes.
6. Collaboration & Team Development: Work with global stakeholders across Europe, Asia, and the Americas, including operational teams, to resolve costing matters, and support the training of young team members.

Key Skills & Educational Requirements

- Product Costing
- Standard & Actual Costing
- Inventory Valuation
- Manufacturing Cost & Variance Analysis
- Cost Allocation & Absorption
- Month-End Close
- Financial Reporting
- Record-to-Report
- General Ledger
- ERP Systems
- Internal Controls
- Audit & Compliance
- MS Excel
- Stakeholder Management

Qualification: CMA / CA / CA Inter qualification. Location & Work Timing

- Location: Kharadi, Pune, Maharashtra.
- Work Model: Hybrid (3 days office, 2 days remote).
- Timing: Shift-based, aligned to Europe, Asia, and Americas time zones.

📌 Cost Accountant 3-6 years (Pune)
🏢 Michelin
📍 Pune