Cost Accountant

Role & responsibilities :

Cost Accounting:

• Manage standard cost calculations and variance analysis for production processes.
• Monitor inventory levels and cycle counts to ensure accuracy.
• Analyze labor, material, and overhead costs to identify potential savings.
• To manage overall material master data for accuracy and run costing error free
• Reconciling COPA with Trial Balance

Financial Planning and Analysis:

• Develop and manage the plant budget, including capital expenditure plans, aligning with overall company strategy.
• Prepare monthly/quarterly financial reports and analysis to identify trends and performance metrics.
• Conduct cost variance analysis to identify areas for cost optimization and process improvement.

Internal Controls and Compliance:

• oEstablish and maintain robust internal controls to safeguard company assets and ensure compliance with IFRS, Indian GAAP and local regulations.
• o Coordinate with internal and external auditors to facilitate audit processes

Operational Support:

• Partner with plant management to provide financial insights and support decision-making.
• Analyze operational data to identify opportunities for eAiciency improvements
• Assist in project evaluation and capital expenditure justification

Preferred candidate profile

• Bachelor's degree in Commerce, Accounting, or Finance with a strong understanding of accounting principles
• Proven experience in manufacturing cost accounting, inventory management and financial analysis
• Expertise in ERP systems (SAP) and financial reporting tools
• Strong analytical skills with the ability to interpret complex financial data
• Excellent communication and interpersonal skills to collaborate with cross-functional teams
• Knowledge of Indian tax regulations and compliance requirements