Cost Accountant

Groupe Michelin; Pune District; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Michelin is seeking a Cost Accountant in Pune to join the Costing & Controlling team. You will support accurate product costing, inventory valuation, and profitability analysis, collaborating with manufacturing, supply chain, procurement, industrial controlling, and finance.

You will work on standard and actual costing, cost allocation, and monthly/quarterly/annual closes, ensuring compliance with group policies and internal controls. 4–6 years' experience is preferred.

Qualifications

• Experience in cost accounting, product costing, manufacturing cost analysis, and inventory valuation.
• 4 to 6 years of relevant experience.

Responsibilities

• Perform standard costing, actual costing, and product cost calculations.
• Analyse manufacturing costs and identify key cost drivers impacting profitability.
• Monitor and report material, labour, overhead, and production variances.
• Support monthly costing runs and inventory valuation processes.
• Ensure accurate cost allocation and absorption methodologies.
• Execute monthly, quarterly, and annual closing activities related to costing and inventory.
• Prepare cost reports, manufacturing KPI dashboards, and management analysis.
• Perform annual standard cost updates and update standard costs for PIDs as required.
• Ensure compliance with Group accounting policies, internal controls, and applicable procedures.
• Support internal and external audits related to costing and inventory processes.

Skills

Cost accounting

Product costing

Manufacturing cost analysis

Inventory valuation

Variance analysis

Education

CMA, CA, or CA Inter

Job description

Cost Accountant - - - - - - - - - - - -

Job Mission The Costing & Controlling team is responsible for accurate product costing, inventory valuation, manufacturing cost analysis, and profitability assessment. The team collaborates with Manufacturing, Supply Chain, Procurement, Industrial Controlling, and Finance to drive operational efficiency and support informed business decision-making.

Key Responsibilities

• Perform standard costing, actual costing, and product cost calculations.
• Analyse manufacturing costs and identify key cost drivers impacting profitability.
• Monitor and report material, labour, overhead, and production variances.
• Support monthly costing runs and inventory valuation processes.
• Ensure accurate cost allocation and absorption methodologies.
• Execute monthly, quarterly, and annual closing activities related to costing and inventory.
• Prepare cost reports, manufacturing KPI dashboards, and management analysis.
• Perform annual standard cost updates and update standard costs for PIDs as required.
• Ensure compliance with Group accounting policies, internal controls, and applicable procedures.
• Support internal and external audits related to costing and inventory processes.
• Demonstrate strong analytical, accounting, and problem-solving skills, with attention to detail and accuracy.

Relevant Experience

Experience in cost accounting, product costing, manufacturing cost analysis, and inventory valuation. Candidates should have 4 to 6 years of relevant experience

Educational Qualification

CMA, CA, or CA Inter, with a strong foundation in costing and accounting.

Michelin, the leading tire company, is dedicated to sustainably improving the mobility of goods and people by manufacturing and marketing tires and services for every type of vehicle, including airplanes, automobiles, bicycles/motorcycles, earthmovers, farm equipment and trucks. It also offers digital mobility support services and publishes travel guides, hotel and restaurant guides, maps and road atlases. Headquartered in Clermont-Ferrand, France, Michelin is present in more than 170 countries, has 111,200 employees and operates 67 production plants in 17 different countries. Michelin has a Technology Center in charge of research and development, with operations in Europe, North America and Asia. In short, whether you look at our mission, our products or our people, Michelin is a company that truly helps you to move forward... Visit our website to discover more about us www.michelin.com