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Plant Cost Accountant

2 years

4 Lacs

Posted:1 day ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Job Title: Cost Accountant Job Summary:

We are seeking a detail-oriented and analytical Cost Accountant to join our finance team. The Cost Accountant will be responsible for analyzing manufacturing costs, preparing cost reports, and ensuring accurate financial data related to production. This role plays a critical part in budgeting, cost control, and financial decision-making.

Key Responsibilities:

  • Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
  • Conduct cost-volume-profit (CVP) analysis and assist in setting standard costs.
  • Develop and maintain cost accounting systems, documents, and records.
  • Monitor inventory transactions and ensure accurate inventory valuation.
  • Prepare and analyze monthly, quarterly, and annual cost reports.
  • Support budget preparation and forecast development by providing detailed cost information.
  • Investigate variances and report findings to management with recommendations for improvements.
  • Collaborate with operations, purchasing, and finance teams to understand cost drivers and identify savings opportunities.
  • Assist with internal and external audits by providing supporting documentation and analysis.
  • Ensure compliance with accounting standards and company policies.

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or a related field (CPA or CMA preferred).
  • 2+ years of experience in cost accounting, preferably in a manufacturing or industrial environment.
  • Strong knowledge of accounting principles (GAAP, IFRS).
  • Proficiency with accounting software (e.g., SAP, Oracle, QuickBooks) and Excel.
  • Excellent analytical, organizational, and problem-solving skills.
  • Strong attention to detail and accuracy.
  • Ability to work independently and as part of a team.

Preferred Skills:

  • Experience with ERP systems.
  • Familiarity with lean manufacturing and cost-saving methodologies.
  • Strong communication skills for cross-functional collaboration.

Salary - Negotiable.

Job Type: Full-time

Pay: ₹35,000.00 - ₹40,000.00 per month

Benefits:

  • Health insurance

Schedule:

  • Day shift

Work Location: In person

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