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Strategic Cost Accountant

Location: Phaltan, Maharashtra

Category: Accountant Jobs

About Talent Corner HR Services Pvt Ltd

Company Overview:

We are a leading provider of human resource services, catering to the needs of various industries including sugar manufacturing. Our team is dedicated to delivering exceptional solutions that drive business growth.

Salary Range:

Negotiable based on experience and qualifications.

About the Role

We are seeking a Strategic Cost Accountant to join our team. The successful candidate will be responsible for developing efficient product cost structures, providing cost analysis data, and ensuring timely preparation of cost-related MIS reports.

Key Responsibilities:

• Develop product cost structures using cost sheets

• Provide cost analysis data to support manufacturing and product development decisions

• Prepare cost-related MIS reports vis-a-vis targets/standards

• Capture and analyze data related to machine capacity utilization, downtime, wastage, maintenance time/cost

• Identify and introduce effective monitoring systems for internal controls, cost-effective measures, and credit control systems

• Responsible for Cost Audit of the business vertical

• Work closely with supply-chain team and inventory management team to set up robust processes and procedures in relation to inventory management

• Develop policies and internal controls for all cost accounting and inventory activities

• Maintain strict control over cost budgets and escalate deviations with actuals on a monthly basis

• Take initiative for Cost Reduction drives across the vertical

• Contribute to Annual Operating Plans and Rolling Forecasts to embed cost controls in the budgeting process

Qualifications and Skills:

To be successful in this role, you should have:

• CMA qualification

• Hands-on experience in SAP

• Good experience in product costing, analysis, and reporting

• Exposure to Cost Audit as per statute

• Proficiency in Windows applications (MS Word, MS Excel, MS PowerPoint)

• Strong analytical and presentation skills

• Excellent written and verbal communication

Preferred Skills:

• Experience in making PowerPoint presentations to the core team

• Well-versed with MIS reporting, Forecasting/Outlook, Credit & Cost Control mechanism

• Exposure to preparation of Annual Operating Plan activity for a business vertical

• Experience in driving cost reduction programs and exposed to review of Management and Operational cost Reports

• Strong Analytical Ability and presentation skills

• Worked in Cross-functional environment and collaboration thereon

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