Cost Accountant

Role Overview: As a Product Costing Manager, your main responsibility will be to manage and execute product costing activities to ensure accurate cost analysis, cost control, and provide financial insights to support pricing decisions and operational efficiency. Key Responsibilities: - Prepare and update standard product costing for both existing and new products. - Analyse Bill of Materials (BOM), routing, labour, and overhead costs. - Validate production cost sheets and ensure accuracy of cost components. - Conduct variance analysis (material, labour, overheads) and highlight any deviations. - Monitor manufacturing expenses and identify opportunities for cost-saving. - Review inventory valuation based on standard costing and actual consumption. - Support budgeting and forecasting for production cost elements. - Prepare monthly cost reports, contribution margin statements, and profitability analysis. - Maintain cost master data in ERP systems and ensure proper documentation for costing assumptions and audit requirements. - Coordinate with Production, Purchase, Quality, and Supply Chain teams for cost inputs. - Support management in pricing decisions by providing cost insights. - Assist in New Product Development (NPD) costing and feasibility analysis. Qualifications Required: - ICWA (preferred)/CA qualification. - 2-5 years of experience in product costing, manufacturing costing, or cost accounting. - Strong understanding of BOM, process costing, and standard costing. - Experience with ERP systems; advanced Excel skills are required.,