Cost Accountant

Coimbatore - India

Monthly Salary: INR 420000 - 420000

Experience Required: 4-5years

Posted on: 16-10-2025

Vacancies: 1 Vacancy

Job Summary

Job Summary:

The Cost Accountant is responsible for analysing costs conducting cost analysis preparing budget

reports and providing insights to improve cost-efficiency in our manufacturing processes. This role

requires a strong understanding of accounting principles cost analysis techniques and inventory

management.

Responsibilities:

Cost Analysis: Analyse and evaluate the costs associated with production; monitor and

report on variances between actual and budgeted costs; identify cost reduction

opportunities and recommend strategies to optimize expenses.

Budgeting and Forecasting: Assist in the preparation of annual budgets and periodic

forecasts; collaborate with cross-functional teams to gather relevant financial data for

budgeting purposes; provide insights to improve accuracy in budgeting and forecasting

processes.

Inventory Management: Monitor and track inventory levels ensuring accuracy in valuation

and reconciliation; perform periodic inventory audits to ensure proper accounting of raw

materials and finished goods; evaluate slow-moving or obsolete inventory and propose

strategies for clearance.

Cost Control and Reporting: Develop and maintain cost accounting procedures and controls;

prepare detailed cost reports including cost of goods sold (COGS) and gross margin analysis;

generate cost variance analysis reports and recommend corrective actions.

Product Costing: Calculate and review the standard and actual costs of products; collaborate

with engineering and production teams to ensure accurate cost allocation to products;

participate in the determination of pricing strategies based on accurate cost information.

Process Improvement: Collaborate with cross-functional teams to identify process

inefficiencies and recommend improvements; participate in cost optimization initiatives

suggesting ways to enhance productivity and reduce waste.

Compliance and Auditing: Ensure compliance with accounting standards regulations and

internal policies; assist in internal and external audits related to cost accounting processes.

Ad hoc Analysis: Perform ad hoc financial analysis as required to support decision-making

and strategic initiatives.

Requirements

Qualifications:

ICWA certification

4 to 7 years of experience in cost accounting preferably in a manufacturing environment

Strong understanding of accounting principles and cost analysis techniques

Experience with Oracle ERP system is a plus.

Excellent analytical and problem-solving skills

Ability to work independently and as part of a team

Excellent communication and interpersonal skills

Benefits

Industrial standards

Required Skills:

Experience upto 10 years with good knowledge in international market

Job Summary:The Cost Accountant is responsible for analysing costs conducting cost analysis preparing budgetreports and providing insights to improve cost-efficiency in our manufacturing processes. This rolerequires a strong understanding of accounting principles cost analysis techniques and invento...