Cost Accountant

Fleetguard Filters; Uruli Kanchan; On-site; INR 600,000 - 900,000; Full time

Job summary

Fleetguard Filters in Maharashtra seeks a cost accounting professional to develop and maintain cost systems, analyze standard vs actual costs, and produce periodical variance reports.

You will review BOM costs, monitor inventory, and support month-end closures, with strong Excel and ERP experience (Oracle R12) and a good grasp of Ind AS in manufacturing.

Qualifications

• Proficiency in Excel and managing large databases.
• Hands-on ERP experience; Oracle R12 is a plus.
• Solid understanding of manufacturing operations and cost accounting.
• Familiarity with Ind AS in a manufacturing context.
• Strong analytical and problem-solving abilities.
• Good communication and organizational skills.
• Team player who can work independently.
• Ability to analyze data and recommend actions.

Responsibilities

• Develop and maintain cost accounting system per org requirements.
• Produce weekly and bi-weekly production cost reports and variances.
• Review standard/budgeted vs actual costs and report variances.
• Review BOMs with actual costs.
• Prepare monthly gross margin and variable cost analysis by customer, product group, part.
• Analyze cost impacts of design changes, materials, manufacturing methods.
• Study data to determine costs of raw material, inventory, labor, power.
• Review inventory for obsolescence, excess stock, turnover ratio.
• Assist month-end and year-end closing with inventory analysis and reports.
• Work on special projects as needed.

Skills

Excel proficiency

ERP experience

Oracle R12

Cost accounting

Ind AS knowledge

Analytical skills

Communication

Interpersonal skills

Team player

Data interpretation

Job description

Role & responsibilities

• 1. Develop and maintain cost accounting system based on the organization requirements.
• 2. Produce periodical i.e. weekly, bi-weekly production and variance reports.
• 3. Review and analyze standard/budgeted costs and actual costs for variances and prepare reports.
• 4. Periodical review of the Bill of Materials (BOMs) with actual costs.
• 5. Prepare monthly gross margin and variable cost format analysis by customer, product group and part numbers.
• 6. Analyze changes in product design, raw materials, manufacturing methods, or services to determine effects on costs.
• 7. Study and collect data to determine costs of business activities such as raw material purchases, inventory, labor and power consumption.
• 8. Prepare periodic review of inventory regarding obsolete, excess inventory, inventory turnover ratio etc.
• 9. Assist in month-end and year-end closing by analyzing inventory and preparing supplemental reports as needed.
• 10. Work on special projects as required.

Knowledge & Skills

• 1. Proficiency in Excel, experience in manipulating large databases a plus.
• 2. Significant hands-on experience using an integrated ERP system. Experience of working on Oracle R12 would be added advantage
• 3. Solid understanding of manufacturing operations, inventory and cost accounting
• 4. Understanding of Ind AS as it applies to a manufacturing environment is desirable.
• 5. Strong analytical, communication, organizational, and problem-solving skills.
• 6. Extraordinary interpersonal skills to work in conjunction with other departments.
• 7. Must be a team player who also works well independently.
• 8. Must be able to analyze data, draw conclusions, interpret results, and make recommendations