Cost Accountant

HITACHI VANTARA INDIA PRIVATE LIMITED; Bidar District; On-site; INR 300,000 - 600,000; Full time

Job summary

HITACHI VANTARA INDIA PRIVATE LIMITED is seeking a CMA with 0-1 years of experience to lead process costing for APIs and bulk drugs. You will prepare monthly cost reports, analyze variances, and support cost optimization initiatives across plant and PM teams.

Ideal candidates will have strong Excel skills, familiarity with ERP systems (Oracle, SAP, JD Edwards), and proven ability to collaborate with cross-functional teams to drive cost decisions.

Qualifications

• Hands-on experience in preparing Process Costing of API and bulk drugs products.
• Experience in variance analysis, cost control, and efficiency tracking.
• Proficiency in data analysis and reporting, with advanced knowledge of Excel.

Responsibilities

• Prepare process costing for API and bulk drugs products.
• Prepare and analyze monthly product cost reports.
• Conduct cost review meetings with Plant and PM teams.
• Identify and analyze cost variances and provide insights.
• Monitor and update overhead costs periodically.
• Support efficiency improvements through cost analysis.
• Assist in costing models for new and existing processes.
• Ensure accurate allocation of costs to processes and cost centers.

Skills

Process costing

Cost allocation

Variance analysis

Excel

Cross-functional collaboration

Communication

Education

CMA

Tools

Oracle

SAP

JD Edwards

BI tools

Job description

Role & responsibilities

Should have hands on experience in preparing Process Costing of API and bulk drugs products.

Preparation and analysis of monthly product cost reports.

Conducting cost review meetings with the Plant and PM teams.

Identifying and analyzing cost variances and providing detailed insights.

Monitoring and updating overhead costs on a periodic basis.

Supporting process efficiency improvements through cost analysis.

Assisting in the preparation of costing models for new and existing processes.

Ensuring accurate allocation of costs to different processes and cost centers.

Preferred candidate profileKey Competencies (Technical, Functional & Behavioural)

• Strong understanding of process costing methodologies and cost allocation principles.
• Should have hands on experience in preparing Process Costing of API and bulk drugs products.
• Experience in variance analysis, cost control, and efficiency tracking.
• Proficiency in data analysis and reporting, with advanced knowledge of Excel.
• Ability to collaborate with cross-functional teams (CFTs) for cost-related decision-making.
• Excellent written and verbal communication skills.

Added Advantage if person posses functional experience of ERP( Oracle, SAP, Jd Edwards)implementation and BI tools.

Qualification: CMAExperience: 0-1 years .