Cost Accountant, Project Costing (Manufacturing)

Relics Wood Industries; Bengaluru; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Relics Wood Industries is seeking a CMA-qualified finance professional to own project costing for our manufacturing operations in Bangalore. You will build budgets, analyze variances, and provide margin visibility to project managers and plant leadership.

The role requires 3–6 years of cost accounting experience in manufacturing, proficiency in standard/job/project/process/activity-based costing, and strong Excel skills.

Qualifications

• Must have CMA (ICMAI) or CA Inter with relevant manufacturing cost experience.

Responsibilities

• Prepare project cost estimates and budgets covering materials, labor, machine hours, subcontracting, and overheads.
• Track actual vs. budgeted costs across the project lifecycle and report margins and cost-to-complete.
• Analyze variances in material price, usage, labor efficiency, and overheads; recommend actions.
• Maintain standard costs, BOM/routing cost roll-ups, and run cost revisions.
• Manage WIP valuation, cost capitalization, and month-end project accounting.
• Collaborate with Engineering, Procurement, Production, and Sales on quotations and pricing.
• Support audits, inventory valuation, and cost audit compliance.
• Build dashboards and MIS reports on project profitability; flag overruns early.
• Identify cost-reduction opportunities and process improvements.

Education

CMA from ICMAI or CA Inter

Bachelor's degree in Commerce, Accounting, Finance, or Engineering

3–6 years cost accounting experience in manufacturing

Advanced Excel

Tools

Tally ERP

Job description

Cost Accountant, Project Costing (Manufacturing)

Location: Bangalore | Department: Finance & Controlling

Reports to: Plant Finance Head

Employment type: Full-time | Experience: 3-6 years

About the Role

We are looking for a CMA-qualified finance professional to own project costing for our manufacturing operations. You will build and track project budgets, analyse cost variances, and give project managers and plant leadership the margin visibility they need to make decisions.

Key Responsibilities

• Prepare project cost estimates and budgets covering materials, labor, machine hours, subcontracting, and overheads
• Track actual vs. budgeted costs across the project lifecycle, and report on margins, forecast-to-complete, and cost-to-complete
• Analyze material price, usage, labor efficiency, and overhead variances, and recommend corrective actions
• Maintain standard costs and BOM/routing cost roll-ups, and run periodic cost revisions
• Manage WIP valuation, cost capitalization, and month-end project accounting (accruals, cost allocations, revenue recognition support for long-term contracts)
• Work with Engineering, Procurement, Production, and Sales on quotations, change orders, and pricing
• Support audits, inventory valuation, and cost audit compliance
• Build dashboards and MIS reports on project profitability, and flag overruns early
• Identify cost-reduction and process improvement opportunities

Required Qualifications

• CMA (CMA from ICMAI) or CA Inter . CMA / CA inter, candidates who have cleared one or more parts are also welcome to apply, with the right experience
• Bachelor's degree in Commerce, Accounting, Finance, or Engineering
• 3-6 years of cost accounting experience in a manufacturing environment, preferably with project-based or engineer-to-order production
• Strong knowledge of costing methods: standard, job/project, process, and activity-based costing
• Working knowledge of ERP systems (Tally ERP)
• Advanced Excel skills (pivot tables, lookups, financial modelling)

Preferred Skills

• Familiarity with Ind AS / US GAAP / IFRS for inventory and contract accounting
• Exposure to lean manufacturing, Six Sigma, or target costing
• Experience with long-term contract accounting (percentage-of-completion)

Core Competencies

• Analytical, with attention to detail
• Clear communicator who can explain financial data to non-finance stakeholders
• Comfortable working on the shop floor and with cross-functional teams
• Ownership mindset and the ability to manage month-end deadlines