Cost Accountant

Job Title: Cost Accountant

Location: Mumbai, Maharashtra
Industry: Steel / Iron & Steel Manufacturing
Department: Finance & Accounts
Employment Type: Full-time

Job Summary

We are seeking an experienced and detail-oriented Cost Accountant to join our finance team in Mumbai. The ideal candidate will be responsible for managing and analyzing cost records, preparing cost statements, and implementing cost control measures to improve efficiency and profitability in our steel manufacturing operations.

Key Responsibilities

• Prepare, analyze, and maintain cost sheets, product costing, and variance reports for steel production units.
• Monitor and control production costs, overheads, and inventory valuation.
• Conduct cost audits and ensure adherence to the Companies (Cost Records and Audit) Rules, 2014.
• Prepare monthly, quarterly, and annual cost reports and assist management in decision-making.
• Analyze material consumption, labor efficiency, and machine utilization for cost optimization.
• Coordinate with production, procurement, and stores departments to capture accurate cost data.
• Implement and improve cost accounting systems, procedures, and internal controls.
• Assist in budget preparation, standard costing, and variance analysis.
• Ensure compliance with ICAI Cost Accounting Standards and other statutory requirements.
• Support management with MIS reports, profitability analysis, and cost-benefit studies.

Qualifications & Experience

• Education: B.Com / M.Com & CA / ICWA (Cost Accountant) qualified.
• ICWA (Cost Accountant) qualified must.
• Experience: 1–4 years of experience in cost accounting, preferably in steel or heavy manufacturing industry.
• Technical Skills:
• Strong knowledge of cost accounting systems and ERP (SAP / Tally ERP).
• Proficiency in MS Excel and financial analysis tools.
• Understanding of cost audit requirements and Indian accounting standards.

Key Competencies

• Analytical and detail-oriented.
• Strong communication and coordination skills.
• Ability to work independently and meet strict deadlines.
• Sound understanding of manufacturing processes in the steel sector.

Salary Range:

₹4,00,000 – ₹6,00,000 per annum or based on qualifications and experience may be negotiation.

Application Process:

Interested candidates may send their updated resume to sales@shreeyash.com with the subject line “Application for Cost Accountant – Steel Industry, Mumbai” or call 8591995399.

Job Types: Full-time, Permanent

Pay: ₹30,000.00 - ₹50,000.00 per month

Benefits:

• Cell phone reimbursement
• Provident Fund

Education:

• Bachelor's (Required)

Experience:

• steel or heavy manufacturing industry: 2 years (Preferred)

Language:

• English, Hindi (Required)

Willingness to travel:

• 25% (Preferred)

Work Location: In person