Cost Accountant

Corporate Stalwarts; Mumbai Suburban; On-site; INR 600,000 - 800,000; Full time

Job summary

Corporate Stalwarts is seeking a detail-oriented Cost Accountant in Mumbai Suburban to analyze and control costs for improved profitability. Responsibilities include cost analysis, report preparation, and budgeting assistance.

The ideal candidate will have a Bachelor’s degree in Accounting or Finance, relevant certification preferred, and 2–5 years of experience in cost accounting, specifically in manufacturing environments.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• Professional certification (e.g., CMA, CPA) preferred.
• Strong analytical and problem-solving skills.

Responsibilities

• Analyze production costs, materials, labor, and overhead expenses.
• Prepare cost reports and present findings to management.
• Develop and maintain standard costing systems.
• Monitor inventory valuation and conduct cost audits.

Skills

Analytical skills

Problem-solving skills

Attention to detail

Communication skills

Education

Bachelor’s degree in Accounting, Finance, or related field

Professional certification (e.g., CMA, CPA)

Tools

Accounting software

Excel

Job description

A Cost Accountant is responsible for analyzing, monitoring, and controlling a company’s costs to improve profitability and efficiency. They collect and interpret cost data, prepare reports, and support management in budgeting and decision‑making processes.

Key Responsibilities

• Analyze production costs, materials, labor, and overhead expenses.
• Prepare cost reports and present findings to management.
• Develop and maintain standard costing systems.
• Monitor inventory valuation and conduct cost audits.
• Assist in budgeting, forecasting, and financial planning.
• Identify cost‑saving opportunities and recommend improvements.
• Reconcile cost accounts with the general ledger.
• Ensure compliance with accounting standards and company policies.
• Support pricing decisions and profitability analysis.
• Participate in month‑end and year‑end closing processes.

Requirements

Required Skills & Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• Professional certification (e.g., CMA, CPA) preferred.
• Strong analytical and problem‑solving skills.
• Proficiency in accounting software and Excel.
• Knowledge of cost accounting principles and methods.
• Attention to detail and high level of accuracy.
• Good communication and reporting skills.

Experience Requirements

• Typically 2–5 years of experience in cost accounting or a similar role.
• Experience in manufacturing or production environments is often preferred.