Finance Cost Accountant

Job Description

Job Title: Finance Cost Accountant Company: Krishna Jewellers, Pearls and Gems Private Limited Location: Hyderabad, India Department: Finance Job Type: Full-time Working Days: 6 days a week Job Description: We seek an experienced, detail-oriented, certified cost accountant to join our finance team at Krishna Jewellers, Pearls and Gems Private Limited. As a cost accountant, you will collect, analyze and report on cost accounting data. This includes preparing standard cost reports, monitoring inventory levels, cost comparisons, product costing analysis, tracking variances and making journal entries. You will also collaborate with other departments to ensure accurate budgeting and forecasting processes. If you have a strong finance background, an analytical mindset and excellent problem-solving skills, we encourage you to apply and join our fast-growing team. Well help you reach your career goals with a nurturing environment, industry-standard benefits and abundant learning opportunities in the finance domain. Objectives of this role Develop strategies to reduce costs and study product pricing to ensure the best possible return on investment for the company. Prepare budgeting reports by collecting information and data points from various departments within Krishna Jewellers, Pearls and Gems Private Limited. Investigate discrepancies in financial records and perform month-end close activities, including journal entries and reconciliations. Conduct regular audits, interpret rules related to accounting practices and ensure compliance with the standard regulations in India. Your tasks Examine the costs of production to determine the most efficient methods of production. Ensure accurate classification of expenses under Generally Accepted Accounting Principles (GAAP). Research material costs to ensure the accuracy of the information in the companys accounting system. Analyze manufacturing costs and prepare periodic reports comparing standard prices to actual production costs. Participate in physical inventory counts to ensure the accuracy of inventory records. Monitor the accumulation of all direct labor, overhead and other manufacturing-related expenses. Required skills and qualifications A bachelors or masters degree in finance or commerce with a specialization in accountancy. 3+ years of experience in the accountancy field or an equivalent role. Proficiency in accounting software like Tally, QuickBooks or Peachtree and well-acquainted with Generally Accepted Accounting Principles (GAAP). Exceptional ability to think critically and make decisions based on data analysis. Excellent communication and presentation skills in discussing financial reports with company stakeholders. Preferred skills and qualifications Relevant certifications like Cost Public Accountant (CPA) or Cost Management Accountant (CMA). Passion for numbers and competence in assessing larger datasets. Aptitude for mathematics, statistics, and various cost analysis techniques. Unswerving critical, analytical, and interpretation capabilities. Willingness to work in a team or individually, as required. Benefits: Provident Fund Paid Leave Daily Snack Yearly Bonus Health Insurance Opportunities for professional growth and development A supportive and friendly work environment Interested Candidates can share their profile with hr@krishnapearls.com Also share with us on WhatsApp: +91 7093326464