Cost Accountant

Location: Wada (Palghar), Maharashtra

Factory-Based Role – Located on Manor-Wada Road

Pick & Drop Facility Available for candidates residing between Borivali and Boisar (Mumbai)

Department: Finance & Accounts

Reporting To: General Manager / Factory Manager

Job Summary:

We are seeking a detail-oriented and experienced Cost Accountant to lead cost control, analysis, and reporting activities at our manufacturing facility in Wada (Palghar). The ideal candidate will bring 5 to 10 years of relevant experience, preferably from the snacks, food processing, or FMCG industry, and must have hands-on expertise with ERP systems such as SAP, Oracle, or similar. This is a key role in ensuring accurate product costing, margin analysis, inventory valuation, and operational cost optimization across the plant.

Key Responsibilities:

1. Costing & Profitability Analysis

· Prepare and analyze standard and actual product costs for raw materials, packaging, and finished goods.

· Conduct variance analysis (material, labor, overhead) and suggest corrective actions.

· Monitor cost of goods sold (COGS), contribution margins, and profitability by product line or SKU.

2. Inventory Valuation & Control

· Maintain accurate valuation of inventories, including raw materials, WIP, and finished goods in ERP.

· Collaborate with the store and production teams to ensure timely stock reconciliations and adjustments.

· Participate in physical inventory counts and support internal/external audits.

3. Budgeting & Forecasting

· Assist in preparing annual plant budgets and rolling forecasts related to manufacturing costs.

· Track cost performance against budgets and provide variance analysis with actionable insights.

4. ERP & Data Management

· Ensure timely and accurate cost entries, BOM updates, and consumption reporting in the ERP system.

· Generate cost reports, dashboards, and KPIs for leadership review.

· Improve ERP-driven costing processes and data integrity.

5. Cross-Functional Collaboration

· Work closely with Production, Procurement, Quality, and Finance teams to monitor and control factory costs.

· Recommend cost-saving opportunities and drive implementation of cost-efficiency measures.

Qualifications & Skills:

· Education: CMA / CA Inter / MBA Finance / M.Com / B.Com

· Experience: 5–10 years in cost accounting, preferably in FMCG, food, or snack manufacturing companies

· ERP Expertise: Mandatory experience in Oracle, SAP, or similar ERP platforms

· Technical Skills: Strong knowledge of costing principles, inventory accounting, variance analysis, and product pricing

· Tools: Proficiency in MS Excel, ERP reporting, and data analysis

· Soft Skills: Strong analytical mindset, attention to detail, and ability to work in a fast-paced factory environment

Why Join Us?

This is a high-impact, factory-based role offering full exposure to plant-level financials, costing strategy, and business optimization. You’ll play a critical role in driving cost efficiency for a fast-growing FMCG brand.

Job Types: Full-time, Permanent

Pay: ₹40,000.00 - ₹50,000.00 per month

Benefits:

• Commuter assistance
• Food provided
• Paid sick time
• Paid time off
• Provident Fund

Work Location: In person