Cost Accountant

Job Description for Costing Head Role: Manager- Costing CTC- 8LPA-12LPA Location- Factory, Tumkur Soliflex is looking for a Manager- Costing to join our accounting department. You will primarily be responsible for performing cost analyses and preparing budget reports. As a cost accountant, you should possess excellent analytical skills along with the ability to combine different data and calculate profit margins. Our ideal candidate should also be able to create detailed reports that present cost-effective solutions for our company. Ultimately, you should build updated databases and manage cost information to maximize profitability for our company using current ERP systems Responsibilities

• Preparing Customer wise COGS / Product costing post-production
• Reconciling material issues vs consumption & wastage - to arrive at final costing
• Calculate material efficiency & production efficiency individually
• Compute material & labor efficiency for any given period
• Variance analysis - Actual cost of production Vs Quote & PO
• Cause of Variance - by each element viz Material / Currency / Production etc.
• Overtime Analysis and productivity Improvements
• Evaluating scope of automation and data analytics, and propose solutions
• Coordinate with Sales Costing for improving the accuracy of the quote and pricing

Requirements

• Educational Qualification- ICWA/CA-Inter
• 3-7 years of experience as a Cost Accountant, Cost Analyst, Accountant or similar role in a manufacturing industry
• Thorough knowledge of accounting procedures
• Full-time role at factory
• Computer literacy, MS Excel in particular (familiarity with VLOOKUPs and pivot tables and Excel Spreadsheets)
• Excellent analytical skills with an attention to detail
• Strong time management skills