Cost Accountant

💰 ₹28,800 - ₹46,080 (Est.) 📍 Mumbai 🕐 5 days ago

Job Description

Cost Accountant
HOS Global Foods • Mumbai, Maharashtra • via LinkedIn
22 days ago
Full–time
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Job description
JOB DESCRIPTION

Summary/Objective:

The Cost Accountant will be responsible for analysing production costs, preparing cost standards, performing variance analysis, and supporting inventory and margin reporting. This role plays a key part in helping the business control expenses, improve operational efficiency, and support pricing strategies.

Essential Functions
• Analyse manufacturing and operational costs, including raw materials, labor, and overhead.
• Develop and maintain standard cost models for all food products and production processes.
• Prepare and review cost reports, budgets, and forecasts on a monthly, quarterly, and annual basis.
• Perform variance analysis (actual vs. standard cost) and report on key drivers to management.
• Monitor inventory levels, perform periodic physical inventory checks, and reconcile discrepancies.
• Collaborate with procurement and production teams to track and manage waste, spoilage, and yield loss.
• Assist in pricing decisions by providing cost-based insights and profitability analysis.
• Ensure compliance with accounting policies, internal controls, and food safety regulations.
• Support external audits and provide documentation as required.
• Contribute to cost-saving initiatives by identifying inefficiencies and recommending process improvements.
• Provide weekly and monthly reports.
• Assist in ad hoc projects.

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Competencies
• Strategic and advisory
• Management accounting, information and advice
• Problem Solving
• Excellent verbal and written communication skills.
• Excellent organizational skills and attention to detail

Supervisory Responsibility

This position has no direct supervisory responsibilities but does serve as a coach and mentor for other positions in the department.

Work Environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as laptop computers, photocopiers and smartphones.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to talk or hear. Specific vision abilities required by this job include close vision and ability to adjust focus. This would require the ability to lift files, open filing cabinets and bend or stand on a stool as necessary.

Position Type/Expected Hours of Work

This is a full-time position. Days and hours of work are Monday through Friday, 7:30pm to 4:30 am IST. Occasional evening and weekend work may be required as job duties demand.

Travel

Limited travel is expected for this position.

Required Education and Experience
• A bachelor’s degree in accounting & finance or equivalent qualification with at least four years of related experience and exceptional knowledge in excel and data analysis. Professional Qualification equivalent to ICWAI and is preferrable.

Preferred Education and Experience
• Bachelor’s degree in accounting, Finance, or related field; CMA or CPA preferred.
• Four years of related experience and exceptional knowledge in excel and data analysis
• Strong understanding of cost accounting principles, inventory valuation, and production analysis.
• Excellent communication and people skills.
• Aptitude in problem-solving.
• Desire to work as a team with a result driven approach.
• Working with start-up environment.

AAP/EEO Statement

House of Spices Inc; provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, ****** orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

💡 Quick Summary

Seeking a career-building opportunity? The Cost Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.

Sponsored

Job Details

Company Name: HOS Global Foods

Frequently Asked Questions

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The expected salary for Cost Accountant in Mumbai is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Cost Accountant is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Cost Accountant. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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