Cost Accountant – Manufacturing & Industrial Se...

Overview

Product Costing & Cost Analysis

• Prepare and maintain accurate **product costing** models for manufactured products.
• Analyze **raw material, labor, overhead, and operational costs** to determine product profitability.
• Develop and review **standard costing systems** and ensure regular updates.
• Conduct **BOM (Bill of Materials)** and routing validations for accurate costing.
• Monitor cost trends and identify opportunities for cost reduction and process improvement.

Profitability Optimization

• Perform detailed **profitability analysis** by product, customer, project, and business unit.
• Support management with recommendations to improve margins and operational efficiency.
• Analyze production variances including material usage, labor efficiency, and overhead absorption.
• Identify cost-saving initiatives and participate in continuous improvement programs.

Manufacturing Finance Support

• Work closely with production, procurement, supply chain, and operations teams.
• Support inventory management, stock valuation, and cycle count reconciliation.
• Monitor WIP (Work-in-Progress) and finished goods costing accuracy.
• Ensure compliance with accounting standards and internal financial controls.

Reporting & Budgeting

• Prepare monthly cost reports, margin analysis, and MIS reports for management.
• Assist in budgeting, forecasting, and annual operating plan preparation.
• Support month-end and year-end closing activities related to manufacturing accounting.
• Provide financial insights for pricing strategies and investment decisions.

ERP & Systems

• Maintain costing data within ERP systems such as Oracle, Microsoft Dynamics, or similar.
• Improve financial reporting automation and costing methodologies.
• Ensure data accuracy and integrity across costing and inventory systems.

& Experience

• Bachelor’s Degree in Accounting, Finance, Commerce, or related field.
• Professional qualifications such as **CMA, ACCA, CIMA, CPA, or CA** preferred.
• Minimum **4–8 years** of experience in cost accounting within manufacturing or industrial sectors.

Location