Senior Executive/Assistant Manager - Cost Accountant

5 - 10 years

8 - 18 Lacs

Posted:1 week ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Product costing and sku level cost reduction of the Products. Cost Accountant will be responsible for tracking , reporting on Variances on account of Time, Yields , wastages , Abosrption ( under/over) , Material Price variance (Inflation), batch costing, Skuwise Standards cost calculations, monitoring of Standard and actual costs, Latest Estimates for Product costings, Budgeting , Validation of BOM costing , NPD costings, Ensuring ERP entiries related to costings are accurate and Reconciliations of costing records with Financials.

Key Responsibilities Summary:

Costing & Standards Management

    • Finalize and update time/yield standards and batch costing.
    • Maintain accurate product costing using approved budgets and BOMs.

Variance & Cost Analysis

    • Weekly reports on time, yield, and cost variances.
    • Analyze SKU-level cost trends and material inflation.

Budgeting & Forecasting

    • Lead plant cost budgeting and latest estimates (LE).
    • Track actuals vs. budgets and provide insights.

ERP & Costing System Improvements

    • Implement revised costing in ERP (Navision/SAP).
    • Ensure real-time batch costing and ERP entry accuracy.

Inventory & Material Management

    • Reconcile RM/PM quantities and manage slow/non-moving inventory.
    • Monitor and report wastage, losses, and abnormal events.

New Product Costing

    • Calculate COGS for new products using BOM and standards.

Compliance & Reporting

    • Maintain cost accounting records per audit guidelines.
    • Provide ABC cost classification for pricing and budgeting.

Overhead Allocation

    • Allocate under/over absorbed overheads and revise costing accordingly.

Desired Qualities:

  • Strong analytical and decision-making skills.
  • Proficiency in ERP systems (Navision, SAP).
  • Excellent communication and presentation skills.
  • Flexible and committed to extended work hours when needed.
  • Proven track record with stable career history.e career history.

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Sentiss Pharma logo
Sentiss Pharma

Pharmaceutical Manufacturing

Gurgaon Haryana

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