Cost Accountant

Job Specification Sheet – Cost Accountant (Food
Processing / FMCG)

1. Job Purpose:

To ensure accurate product costing, monitor material usage,
analyze production efficiency, and support management with reliable cost data
for pricing, profitability, and strategic decisions in the food processing
business (spices, breakfast cereals, instant mixes).

6. Key Competencies (Behavioral & Functional):

Functional:

• Strong
  analytical and numerical skills.
  
• Process -driven
  mindset with attention to accuracy.
  
• Ability
  to identify cost leakages and improvement areas.
  

Behavioral:

• Team
  player with cross -functional coordination ability.
  
• Proactive
  and deadline -oriented.
  
• Clear
  communicator with a structured reporting style.
  

7. Key Performance Indicators (KPIs):

8. Reporting Relationships:

• Reports
  To: Accounts Head
  
• Internal
  Coordination: Production, QA/QC, Procurement, Supply Chain
  
• External
  Coordination: Auditors, ERP Support, Vendors (as required)
  

9. Career Progression Path:

• Next
  Level: Sr. Cost Accountant / Assistant Manager – Costing
  
• Long -Term
  Growth: Finance Manager / Plant Controller
  

10. Work Environment:

• Based
  at Pagariya Food Products Pvt. Ltd., Harohalli Plant
  
• Requires
  coordination between finance and production teams.
  
• May
  involve extended hours during monthly closings or audits.
  

2. Key Deliverables / Responsibilities:

• Prepare
  and update SKU -wise product cost sheets (RM, PM, labour,
  overheads).
  
• Track
  and analyze material consumption vs. standard norms.
  
• Conduct batch -level and recipe costing for production runs.
  
• Monitor wastage, yield, and shrinkage across processing stages.
  
• Perform standard vs. actual cost variance analysis and recommend
  corrective measures.
  
• Support product pricing, margin analysis, and profitability tracking.
  
• Work
  with Production, QA, Procurement, and Supply Chain for process
  and cost optimization.
  
• Prepare
  and present costing MIS reports to management on a periodic
  basis.
  

3. Educational Qualification:

• M.Com
  / MBA (Finance) or CMA / CA Inter (Preferred)
  
• Additional
  certifications in cost management or ERP systems will be an advantage.
  

4. Professional Experience:

• 2–5
  years of experience in cost accounting, manufacturing finance,
  or cost control.
  
• Prior
  exposure to food processing / FMCG / manufacturing industry preferred.
  
• Experience
  handling BOM analysis, yield tracking, and high -SKU costing
  environments.
  

5. Technical Skills:

• Advanced
  Excel Skills – Pivot tables, formulas, VLOOKUP, macros.
  
• ERP
  Systems – SAP / Tally / Oracle (manufacturing costing module).
  
• Knowledge
  of inventory valuation, BOM structure, and variance reporting.
  
• Understanding
  of FSSAI and HACCP standards and their cost implications.