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Manager

Vashi Integrated

3 - 7 years

3 - 7 Lacs

bhiwandi

Posted:5 hours ago| Platform: GlassDoor logo

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Skills Required

finance reports accounting efficiency compliance management pricing costing analyze logistics contracts analysis inventory optimization support audit regulations procurement erp sap communication manufacturing epc

Work Mode

On-site

Job Type

Part Time

Job Description

Job Description: Cost Accountant

Company: Vashi Integrated Solutions Ltd.

Department: Finance & Accounts

Reports to: CFO / Head of Finance

Role Purpose

The Cost Accountant will be responsible for designing, implementing, and maintaining cost accounting systems and practices across Vashi Integrated’s industrial distribution and solar supply-chain operations. The role will ensure accurate cost allocation, working capital efficiency, compliance with statutory requirements, and provide actionable insights to management for pricing, profitability, and strategic decision-making.

Key Responsibilities

1. Costing & Pricing

Develop, monitor, and maintain standard costing systems across product categories.
Analyze landed cost, distribution cost, logistics, warehousing, and financing costs.
Prepare pricing models for tenders, contracts, and rate agreements.

2. Financial Analysis & Reporting

Prepare product-wise, customer-wise, and region-wise profitability analysis.
Assist in preparation of monthly MIS, variance analysis, and contribution margins.
Provide cost-based inputs for quarterly board reviews and business planning.

3. Working Capital Management

Track inventory carrying cost and recommend optimization measures.
Analyze receivables cost of funding and credit terms.
Support treasury in managing liquidity with focus on cost efficiency.

4. Statutory Compliance & Audit

Ensure compliance with Cost Audit (as per Companies Act, 2013 & CMA regulations, if applicable).
Support statutory audit, internal audit, and tax audit with costing-related information.
Maintain proper cost records in line with Cost Accounting Standards (CAS).

5. Business Partnering

Work closely with sales, supply chain, procurement, and project teams to provide costing insights.
Support in bid preparation, tender pricing, and cost-benefit analysis of new business opportunities.
Assist CFO in strategic decisions including make-vs-buy, outsourcing, and vendor negotiations.

Key Skills Required

Strong knowledge of Cost Accounting Standards (CAS), Ind-AS, GST, and Income Tax provisions related to costing.
Expertise in ERP (SAP S/4HANA preferred) and advanced Excel.
Strong analytical, problem-solving, and financial modeling skills.
Ability to handle large datasets and prepare management dashboards.
Strong communication and business partnering abilities.

Qualifications & Experience

Professional Qualification: CMA (Cost & Management Accountant) mandatory.
Experience: 3–7 years in cost accounting, preferably in industrial distribution, manufacturing, or EPC/solar sector.
Exposure to working capital-intensive businesses is a plus.

Deliverables & KPIs

Accurate and timely product costing reports.
Reduction in cost variances & improved gross margins.
Insights on working capital efficiency (inventory days, receivables days).
Cost compliance reports for audit & statutory requirements.
Value-added inputs to management decisions.

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