Cost Accountant - Consumer Durable - ICWA/CMA

Expectation from this role:

- This role would help the business by tracking and optimizing the cost. Has the task of analysing the production cost, various overheads and recommend/action changes.

No. of hiring/positions: 2

Responsibilities:

- Analysing production costs and recommending changes.

- Preparation and analysis of Bill of Materials.

- Developing cost standards for materials and labour.

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

- Analysis and review of margin analysis, variance with various stakeholders like Operations and Sales.

- Preparation, report and track daily/weekly/monthly:

- 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 a 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 products/Projects.

Qualification:

- Qualified ICWA/CMA with 1-3 years of relevant experience in Cost accounting with manufacturing set-up.

- Good communication and interpersonal skills

- Takes initiatives

- Strong numerical and analytical skills

- System knowledge - SAP, Excel