Cost Accounts Executive / Officer

Responsibilities

Costing and Cost Analysis

• Prepare and maintain product-wise costing, including raw material, labor, and overheads.
• Analyze variance between standard cost and actual cost and report deviations.
• Calculate and update Bill of Material (BOM) costs periodically.
• Prepare landed cost for imported materials and evaluate cost competitiveness for exports.
• Support in pricing of export quotations and domestic tenders with cost sheets.

Budgeting and Cost Control

• Assist in preparation of annual budgets and monitor departmental expenditures.
• Implement and track cost control measures across production, logistics, and procurement.
• Prepare cost comparison reports for local vs imported materials.

Inventory Valuation and Control

• Ensure correct valuation of raw materials, WIP, and finished goods as per accounting standards.
• Conduct periodic stock verification and reconcile discrepancies.
• Support physical inventory audits and coordinate with the stores and production team.

Export & Import Accounting

• Prepare and analyze import cost sheets (including freight, customs duty, clearing, and insurance).
• Evaluate export profitability considering FOB/CIF pricing, freight, and export incentives.
• Liaise with logistics and customs teams for documentation and duty drawback calculations.

MIS and Reporting

• Prepare monthly cost statements and profitability reports.
• Present cost trend analysis to management for decision-making.
• Ensure compliance with Cost Audit requirements, if applicable.

Job Type: Full-time

Pay: ₹45,000.00 - ₹50,000.00 per month

Benefits:

• Health insurance
• Provident Fund

Work Location: In person