Cost and Management Accountant ( Plant Location Mahindra SEZ)

0 years

6 - 9 Lacs

Posted:1 month ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

We are seeking a qualified Cost & Management Accountant (CMA) with strong financial controller capabilities to lead and oversee the financial operations of our dairy and ice cream manufacturing unit. The ideal candidate will be responsible for product costing, logistics cost analysis and control, Bill of Materials (BOM) management, and ensuring cost optimization across the value chain. This role is pivotal in supporting pricing strategies, profitability analysis, inventory control, and compliance with financial regulations.

Key Responsibilities:Costing & Product Analytics

  • Develop and maintain detailed product costing models for all dairy and ice cream SKUs.
  • Monitor and analyze standard vs. actual costs, investigate variances, and recommend corrective actions.
  • Ensure accurate and dynamic BOM (Bill of Materials) for all finished goods in coordination with Production and R&D.
  • Work closely with the production team to update and validate material consumption norms and process costing.

Logistics & Distribution Cost Control

  • Evaluate and monitor logistics and distribution costs including freight, storage, and handling.
  • Implement controls to reduce transportation and cold chain expenses without impacting quality or delivery timelines.
  • Prepare cost reports for different supply chain models (hub & spoke, direct distribution, etc.).

Financial Controllership

  • Prepare and present monthly, quarterly, and annual financial statements in line with statutory requirements.
  • Oversee budgeting, forecasting, and long-range planning activities for plant operations.
  • Conduct cost-benefit analysis for capital expenditure (CAPEX) and major OPEX proposals.
  • Ensure internal controls are in place to mitigate financial risks and improve process efficiency.

Inventory and Procurement Interface

  • Collaborate with the procurement team to monitor raw material pricing trends (milk, sugar, flavors, packaging).
  • Perform regular inventory valuations and ensure alignment of physical stock with book entries.
  • Monitor wastage, expiry, and yield variations, proposing data-driven strategies for reduction.

Compliance & Audit

  • Ensure compliance with cost audit requirements, tax regulations (GST, TDS), and other statutory norms.
  • Coordinate with external and internal auditors for audits, cost certifications, and regulatory filings.

Job Type: Full-time

Pay: ₹50,000.00 - ₹75,000.00 per month

Benefits:

  • Health insurance
  • Provident Fund

Schedule:

  • Day shift

Work Location: In person

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