Cost Accountant

About the Role

We are seeking a skilled Cost Accountant with strong experience in cost control, cost analysis, and audit handling within a manufacturing environment. The candidate will play a vital role in managing and optimizing cost structures, ensuring accuracy in cost reporting, and supporting management in strategic financial planning.

Key Responsibilities

• Prepare and maintain cost records, analyze variances, and ensure accurate cost allocation across manufacturing processes.
• Conduct cost audits and coordinate with auditors to ensure compliance with statutory requirements and internal policies.
• Analyze material, labor, and overhead costs to identify areas for cost optimization and efficiency improvement.
• Develop and monitor standard costing systems and ensure periodic review of cost estimates.
• Support management in pricing decisions, budget preparation, and profitability analysis.
• Prepare cost-related MIS reports and present actionable insights to the finance and operations teams.
• Monitor inventory valuation, stock reconciliation, and ensure proper costing of WIP and finished goods.
• Assist in financial planning, variance analysis, and cost forecasting for different manufacturing units or business lines.
• Ensure compliance with accounting standards, cost audit regulations, and company policies.

Required Skills & Qualifications

• Bachelor’s degree in Commerce, Accounting, or Finance.
• Qualified Cost Accountant (ICWA/CMA) certification required.
• 5-7 years of experience in cost accounting within the manufacturing industry.
• Proven experience handling cost audits independently.
• Strong knowledge of cost control techniques, product costing, and variance analysis.
• Proficiency in ERP systems and MS Excel for cost reporting and data analysis.
• Strong analytical skills, attention to detail, and ability to work cross-functionally with production and finance teams.

Preferred Background

• Experience in aerospace, engineering, or large-scale manufacturing setups.
• Exposure to internal audit, process improvement, or financial planning activities