Cost Accountant

Job Description

Key Responsibilities Batch Costing & Analysis Manage end-to-end costing for each batch of biopesticides, fertilizers, probiotics, etc. Apply processcosting and batchcosting techniques to capture direct (materials, labour) and indirect costs (overheads) per unit and batch. Allocate costs accurately and adjust standard rates quarterly or as production parameters change. Daily Expense Monitoring & Variance Analysis Track daily consumption of raw materials, utilities, packaging, and other inputs. Perform variance analysis: compare actual costs vs standard costs, identify root causes, recommend corrective actions. MIS Reporting & Dashboarding Prepare and present daily/weekly/monthly MIS reports on batch/unit costs, yield variances, material usage, and overhead absorption. Design dashboards or trackers to facilitate quick insights for plant & finance teams. Cost Control & Expense Optimization Identify cost-saving opportunities: optimize batch size, reduce wastage, manage utilities & packaging. Track key cost drivers and coordinate with production, procurement, and quality teams for efficiency enhancements. Budgeting & Forecasting Support Assist in preparing budgets for materials, labour, and overhead. Update standard costs and forecast unit prices based on projected material/inflation trends. Audit & Compliance Support Maintain costing documentation and support cost audits (internal/statutory. Ensure compliance with accounting standards (e.g., process costing, inventory provisioning. Qualifications & Experience Preferably, Inter or Final CWA (ICWA) completed. Minimum 3 years of product costing experience in batch manufacturing, preferably in bio-pesticides, fertilizers, probiotics, agrochemicals, or FMCG industry. Strong grasp of costing methods: batch costing, process costing, job costing. Proficient in MIS development and data analysis (advanced Excel required; ERP/SAP knowledge preferred). An analytical mindset, attention to detail, and proactive in identifying inefficiencies and driving corrective action. Desired Competencies Experience in standard cost revision cycles. Ability to develop and maintain costing structures in ERP/SAP. Excellent communication skills for cross-functional coordination. Initiativeoriented and deadline-driven.