Cost Accountant

HITACHI VANTARA INDIA PRIVATE LIMITED; Khanna; On-site; INR 335,000 - 670,000; Full time

Job summary

HITACHI VANTARA INDIA PRIVATE LIMITED requires a Cost Accountant with 3–5 years of experience to manage product-wise and process-wise costing, analyse material consumption, variances, and cost control initiatives.

You will reconcile inventory records with ERP data, prepare MIS and profitability analyses, support audits, and collaborate with Production, Stores, Procurement, and Planning teams to ensure accurate cost inputs.

Qualifications

• 3 to 5 years of experience in costing.
• Qualification: ICWAI/ICMAI or M. Com or Engineering with costing.
• Strong knowledge of standard costing, variance analysis, and process costing.

Responsibilities

• Prepare product-wise and process-wise cost sheets.
• Analyse material consumption, yield loss, scrap generation, and conversion costs.
• Monitor standard vs. actual cost variances (material, labour, overheads).
• Support budget preparation, inventory valuation, and cost control initiatives.
• Reconcile inventory records with ERP data and production data.
• Prepare detailed MIS and cost/profitability analyses for management.

Skills

Process costing

Standard costing

Variance analysis

MS Excel

Education

ICWAI / ICMAI

M. Com

Engineering with costing experience

Tools

SAP

Oracle

Tally

Job description

Location: mandi govindgarh

JD of Cost Accountant

Job Experience: 3 to 5 years

Qualification: ICWAI / ICMAI / M. Com / Engineering with costing experience

• Prepare product-wise and process-wise cost sheets in accordance with standard costing principles.
• Analyse raw material consumption, yield loss, scrap generation, by-product recovery, and conversion costs.
• Monitor standard vs. actual cost variances (material, labour, overheads)
• and recommend corrective actions to management.
• Support budget preparation, inventory valuation (RM, WIP, FG, Scrap), cost control initiatives, and energy cost analysis.
• Reconcile inventory records (Raw Material, Work-in-Progress, Finished
  Goods, Scrap) with production data and ERP records on a periodic basis.
• Prepare detailed MIS reports, cost analysis reports, and product-wise profitability statements for management review.
• Maintain proper cost records as per applicable Indian regulations and support Cost Audit, Internal Audit, and Statutory Audit requirements.
• Coordinate closely with Production, Stores, Procurement, and Planning teams to ensure accuracy of cost inputs and operational data.
• Ensure proper costing configuration, BOM validation, routing, and cost postings in ERP systems.
• Provide commercial support in pricing decisions, tendering, and bidding processes based on cost data and margin analysis.
• Possess strong knowledge of process costing, standard costing, and variance analysis techniques.
• Experience in steel industry costing will be preferred (though not mandatory).
• Well-versed with ERP systems (SAP / Oracle / Tally / etc.) and advanced MS
  Excel.

Pay: ₹30,000.00 - ₹60,000.00 per month

Work Location: In person