Cost & Management Accountant

Job Description:

Position:        Cost & Management Accountant

Location:        Shirwal 

Experience:     5 - 10 years

Industries:      Engineering

Responsibilities:

• Preparation of product-wise cost sheets (Material, Labour, Overheads).
• Standard costing and variance analysis (Material, Labour, Overhead).
• Monthly cost comparison – Standard vs Actual.
• Monitoring BOM accuracy and coordination with production & purchase teams.
• Profitability analysis division-wise / project-wise.
• Identify cost reduction opportunities.
• Monitoring raw material, WIP, and finished goods inventory.
• Monthly physical stock verification and reconciliation.
• Control of slow-moving / non-moving inventory.
• Monitoring material consumption vs production output.
• Ensure proper inventory valuation as per accounting standards.
• Preparation of annual factory budget (Material, Power, Labour, Repairs, etc.).
• Monthly budget vs actual analysis with variance explanations.
• Monitor overhead absorption rates.
• Ensure cost control measures are implemented in coordination with plant head.
• Factory Accounting &Compliance
• Maintain factory books of accounts.
• Monthly factory P&L preparation.
• Depreciation calculation for Plant & Machinery.
• Ensure compliance with statutory requirements (GST, TDS coordination if applicable).
• Support internal & statutory audit. 
• Monthly cost MIS to management.
• Division-wise EBITDA reporting.
• Working capital monitoring – Inventory & Debtors tracking.
• Break-even analysis and contribution analysis.
• Support management in pricing decisions.
• ERP costing module management.
• Implement maker-checker controls for factory accounting.
• Strengthen internal controls for material movement and cost capture.
• Process improvement initiatives for automation in cost tracking.

Required Skills:

• Good knowledge of accounting principles and practices.
• Proficiency in accounting software (Tally / ERP & GST preferred).
• Good communication and coordination skills.

Required Qualification: - CMA

Salary: - Up to 8.00 LPA

If you are interested in this opening, please send updated resume on same mail with following details.

Total No. of Years Experience: -

Current CTC: -

Expected CTC: -

Notice Period: -