Cost & Management Accountant

Responsibilities & Work Allocation1. Daily Responsibilities

A. Collect production data (inputoutput, normal loss , process loss, yield, rejection, return).B. Track department wise power consumption, manpower utilization, store consumption etc.C. Record daily reels production and usage (packing material).D. Prepare order / quotation costing.E. Daily Maintain standard vs actual consumption sheets (copper, aluminium, packing).F. Machinery Breakdown and Production loss with resume timings

2. Weekly Responsibilities

a. Prepare Variance Analysis Report (Standard vs Actual) of Raw material consumption Power, labour, repair & maintenance cost, Packing material consumption (reels), Consumables, Store etc b. Product-wise cost sheet update (Copper & Aluminium products).c. Summarize Rejection / Scrap / Returned analysis report.d. Track Job / Order costing for major sales orders and compare with quotation.e. Problems identified and steps taken.f. Non-Moving inventory report and control

3. Monthly Responsibilities

a. Product Group wise Profit & Loss Statement having GP, EBITDA, NP, Contribution ( e.g. BCW, ECW, BCR, PICC, ECW , ECS etc).b. EBIDTA Per tonne for Copper & Aluminium (STD vs Actual)c. Budget vs Actual Cost Comparison highlighting overspend areas.d. Overhead Allocation Factory OH, Admin OH, Selling OH to products.e. Segmental Costing & Profitability Copper vs Aluminium, Domestic vs Export.f. Standard Cost Revision Proposal based on actuals & market movements.g. Reconciliation of Scrap (Copper/Aluminium) with accounts.h. Price Quotation Costing Model Update recommend base costing for sales.i. Yield in ERP ( STD vs Actual)j. Recommend Cost control measures with root-cause analysis.k. Reels MIS from RM to FG to Return l. Stock Reconciliation with sign.m. MIS for Management includingo Raw material/Overheads/Expense cost trendso Product marginso Capacity utilizationo Labour productivityo Rejection trend

4. Quarterly / Yearly Responsibilities

Support in Internal Audit & Statutory Cost Audit data preparation.Review & Provide MIS for Capital Expenditure (Capex).Preparation of Annual Budget & Standard Cost Sheets.Assist in Cost Audit & Statutory Compliance (as per Companies Act & Cost Records Rules).Yearly Product Profitability Statement (product line, customer, geography).

Skills & Competencies Required:

Strong knowledge of Cost Accounting Standards (CAS) and Indian Accounting Standards (Ind AS).Proficiency in ERP software (preferably Microsoft Dynamics / SAP / Oracle).Advanced Excel & financial modelling skills.Strong analytical & problem-solving skills.Good understanding of manufacturing processes.