Cost Accountant - Manufacturing Firm - ICWA

Experience- 10 + Years

Location- New Delhi

Education - ICWA(CMA)

Key Tasks & Responsibilities:

- Maintaining accurate books of accounts related to the utilization of materials, labor, and other cost items applicable to the production of goods.

- Taking charge of budget planning to ensure effective cost control and resource allocation.

- Handling product costing, including labour costing, to determine accurate product costs for pricing decisions.

- Participating in CAPEX planning activities to optimize capital expenditure in line with business objectives.

- Analysing input-output impact and prepare variation reports to identify cost discrepancies and potential areas for improvement.

- Managing and overseeing all audits related to cost accounting, ensuring compliance with relevant rules and regulations.

- Utilizing knowledge of the FICO module and proficiency in SAP/NAV to handle cost accounting entries effectively.

- Preparing and presenting monthly costing Management Information System (MIS) reports to management for informed decision-making.

- Updating cost sheets and Material Hour Rate (MHR) records in SAP to reflect the most current and accurate information.

- Ensuring timely and accurate monthly cost variances updation to keep track of deviations from planned costs.

- Conducting monthly cost runs in SAP to capture all relevant cost data accurately.

- Collaborating with the marketing team to provide product cost sheets for customer quotations and support pricing strategies.

- Assisting the production team by providing cost sheets to analyse and optimize possible process flow reduction opportunities.