Cost Accountant - Baddi & Ahmedabad Location

Zydus Group; Ahmedabad District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Zydus Lifesciences Limited is a leading Indian pharmaceutical company with a focus on generic drugs. The Assistant Manager/Deputy Manager in Cost Accounting will oversee Opex provisions, costing, and plant accounting, coordinating with finance leaders to ensure accurate postings and timely close.

Based in Ahmedabad, the role requires ICWA/CMA finalist qualification and 5–10 years of relevant experience, with hands-on SAP and MIS exposure to drive cost optimization and compliance.

Qualifications

• Experience in cost accounting in a manufacturing/industrial setup.
• Proficiency with cost audit, financial controls and MIS reporting.

Responsibilities

• Collection of inputs for Opex provisions from various departments.
• Analyse relevance and completeness of provisions, ensuring posting accuracy.
• Review with Finance Head & COE for posting & reversal of entries.
• Ensure accounting accuracy of transactions.
• Prepare and sign off monthly checklists.
• Review and report exceptions in Plant Opex GLs.
• Track and close overdue RGPs, GRNs, STOs per policies.

Skills

Cost accounting

Financial data

Education

ICWA/CMA Qualified Finalist

Tools

SAP

Job description

Zydus Lifesciences Limited, formerly known as Cadila Healthcare Limited, is an Indian multinational pharmaceutical company headquartered in Ahmedabad, which is primarily engaged in the manufacturing of generic drugs.

Name Of the Company - Zydus Life Sciences

Industry - Pharmaceuticals

Website of the company - https://www.zyduslife.com/zyduslife/

Department - Cost Accounting

Designation - Assistant Manager/Deputy Manager

Qualification - ICWA/CMA Qualified Finalist

Experience Required - Between 5-10 Years Of Experience

Responsibilities :

Controlling & Period Closure :

• Collection of inputs for Opex provisions from various departments
• Analyse relevance and completeness of provisions, ensuring parking of entries if any
• Review with TS Finance Head & COE for Posting & Reversal of entries
• Ensuring accounting accuracy of transactions
• Preparation and sign off of monthly check list
• Review and report exceptions in Plant Opex GLs
• Tracking and closure of overdue RGPs, GRNs, STOs to ensure compliance with accounting policies & Guidelines

Costing Activities :

• Input material consumption monitoring against output process orders
• Operation machine hours monitoring (cycle time) against process orders
• Review and parking of input material GRN
• Assessment Cycle Runs
• Tracking and closure of open process orders
• Coordinate for sharing COGI and TECO confirmation
• Partnering with OE Team on OE Saving idea potential validation, idea implementation and accrual validation
• Standard cost release for Raw material, Packing material, Semi Finished Goods and Finished Goods
• Inventory ageing analysis
• Computation of Overhead rate and upload into SAP
• Ensure Physical Inventory Verification
• Support for material code creation, extension and Std. Cost release

Operating Exp review, MIS , Control :

• Preparation and circulation of Plant & Utilities MIS
• Financial data updation for fortnight and monthly reviews with Site Heads, HTS and CTO
• SLIM (OE) Savings Tracking and MIS
• Special projects like yield, overages savings Tracking and reporting
• Lab Expenses Tracking & Review and reporting
• Non-Core Inventory Stores & Spares review and reporting

Audits & Compliance :

• Stock Audit : Assisting for / providing information as required by auditors
• Statutory Audit : To ensure smooth closure of Statutory Audit requirements if any
• Cost Audit: Inputs required for Cost Audits by the Central Tea