Cost Accountant - Consumer Durable

One of the top Consumer Durable brands, is looking for Cost Accountant at Hosur plant (responsibility of multiple plants).

Expectation from this role :

A key role, helping the business by tracking and optimizing the cost. Has the task of developing cost standards for various overheads, design & implement cost accounting systems, analyse the production cost and recommend changes.

Responsibilities :

- Analysing production costs and recommending changes.

- Preparing and analysing the Bill of Materials.

- Developing cost standards for materials and labour

- Designing and implementing cost accounting systems. Performing month/quarter-end cost accounting closure.

- Analysing and review of margin analysis, variance with various stakeholders like Supply Chain, Operations, Sales, Marketing team.

- Preparation, report and track

- Profit margins

- Cost forecasts

- The hourly rate and trend analysis

- Direct labour, material and other factory overheads.

- Lead the cost auditing in all the plants. Support on Internal and Statutory audit.

- Ensure that cost is correctly booked as per the cost centre and has uniform system across the group.

- Perform inventory valuation. Drive inventory auditing. Inventory provision.

- Lead the physical verification of assets, its reconciliation and capitalisation.

- Performing life cycle cost-benefit analysis

- Drive cost reduction projects

- Cost estimation for new projects

Qualifications :

- Qualified ICWA/CMA or CA with 5 to 7 years of relevant experience in Cost accounting with manufacturing set-up.

- Excellent communication and interpersonal skills

- Takes initiatives

- Strong numerical and analytical skills

- System knowledge - SAP, Excel