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Cost Accountant

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Job Description - 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, labour, 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.


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