Cost Accountant - Loss Prevention Control

KS Bakers Pvt. Ltd.; Hyderabad; Vor Ort; INR 600.000 - 900.000; Vollzeit

Zusammenfassung

KS Bakers Pvt. Ltd. is seeking a cost control professional to oversee costings, inventory management and loss prevention across multiple outlets and the factory. The role emphasizes variance analysis, audits and MIS reporting to drive profitability.

The incumbent will monitor food costs, production expenses and stock integrity, while coordinating with Operations, Production, Stores and Finance to implement corrective actions and strengthen internal controls.

Qualifikationen

• CA Inter / CMA / Cost Accountant / M.Com / MBA Finance or equivalent.
• Strong knowledge of costing, inventory control, variance analysis and internal audit.

Aufgaben

• Monitor food cost, material consumption, wastage and production costs.
• Analyse actual consumption against standard/BOM and identify variances.
• Conduct regular inventory, stock and cash audits at outlets and factory.
• Identify pilferage, wastage, excess consumption and process leakages.
• Monitor production yield and investigate abnormal variances.
• Verify purchase, GRN, stock transfers, sales and consumption records.
• Analyse outlet-wise profitability and identify areas of cost leakage.
• Monitor expired, damaged and slow-moving stock and ensure proper controls.
• Reconcile physical stock with system stock and investigate differences.
• Prepare daily/weekly/monthly loss prevention and cost variance reports.
• Coordinate with Operations, Production, Stores and Finance teams to implement corrective actions.
• Develop and strengthen SOPs and internal controls to reduce financial and material losses.
• Track corrective actions and report repeated deviations to management.

Kenntnisse

Costing

Variance analysis

Inventory control

Internal audit

MIS reporting

Excel/ERP

Analytical skills

Communication skills

Ausbildung

CA Inter

CMA

Cost Accountant

M.Com

MBA Finance

Tools

ERP systems

Excel

Jobbeschreibung

Job Description:

Job Purpose

To monitor and control operational costs, identify financial and inventory leakages, prevent losses, and improve profitability across the factory, warehouse and retail outlets.

Key Responsibilities

• Monitor **food cost, material consumption, wastage and production costs**.
• Analyse actual consumption against standard/BOM and identify variances.
• Conduct regular **inventory, stock and cash audits** at outlets and factory.
• Identify **pilferage, wastage, excess consumption and process leakages**.
• Monitor production yield and investigate abnormal variances.
• Verify purchase, GRN, stock transfers, sales and consumption records.
• Analyse outlet-wise profitability and identify areas of cost leakage.
• Monitor **expired, damaged and slow-moving stock** and ensure proper controls.
• Reconcile physical stock with system stock and investigate differences.
• Prepare **daily/weekly/monthly loss prevention and cost variance reports**.
• Coordinate with Operations, Production, Stores and Finance teams to implement corrective actions.
• Develop and strengthen **SOPs and internal controls** to reduce financial and material losses.
• Track corrective actions and report repeated deviations to management.

Qualification

• CA Inter / CMA / Cost Accountant / M.Com / MBA Finance or equivalent.
• Strong knowledge of **costing, inventory control, variance analysis and internal audit**.

Experience

• **3–7 years** of relevant experience.
• Experience in **food manufacturing, bakery, FMCG, retail or multi-outlet operations** will be preferred.

Key Skills

• Costing & variance analysis
• Inventory control
• Loss prevention
• Internal audit
• MIS & reporting
• Excel / ERP
• Analytical and investigative skills
• Strong follow-up and communication skills

Key Performance Indicators

• Reduction in material and inventory losses
• Reduction in production wastage
• Improvement in food/material cost %
• Reduction in stock variances
• Timely identification of leakages
• Improvement in outlet/factory profitability
• Effective implementation of corrective actions