Cost Accounting and Inventory Valuation Specialist

Exide Energy Solutions Limited; Devanahalli; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Exide Energy Solutions Limited is seeking a seasoned Costing & Inventory Accountant to manage end-to-end inventory accounting, valuation and cost control across raw materials, WIP and finished goods. The role leverages SAP S/4HANA MM, FI and CO modules to ensure accurate costing and compliance with regulatory standards.

The ideal candidate will have CMA/CA inter or final or equivalent commerce degree with 4–8 years in manufacturing plant costing, inventory valuation, or cost accounting and

Qualifications

• Mandatory SAP S/4HANA experience in MM, FI and CO.
• Experience in inventory valuation, standard costing and product costing.
• Exposure to CAS compliance and cost audits.

Responsibilities

• Manage end-to-end inventory accounting for Raw Materials, WIP, Finished Goods, and Scrap.
• Conduct inventory valuation, standard costing and variance analysis.
• Coordinate month-end and year-end closing activities.
• Maintain statutory cost records and support cost audits.
• Ensure integration between SAP MM, FI, CO and costing processes.
• Strengthen internal controls and governance over inventory.

Skills

Inventory Accounting

Cost Accounting

Manufacturing Finance

Analytical Skills

Internal Controls

Education

CMA / CA (Inter or Final) / B.Com / M.Com

Tools

SAP S/4HANA MM

SAP S/4HANA FI

SAP S/4HANA CO

CK11N

CK40N

Material Ledger

Job description

Job Summary: This role is responsible for end-to-end inventory accounting, valuation, and cost management, including maintenance of statutory cost records and coordination of cost audit. The position ensures accurate cost capture across raw materials, WIP, and finished goods, leveraging SAP S/4HANA (MM, FI, CO modules), while maintaining compliance with regulatory requirements and strong internal financial controls.

Key Responsibilities

• Manage inventory accounting for Raw Materials, WIP, Finished Goods, Consumables, Stores & Spares, and Scrap.
• Perform inventory valuation, standard costing, product costing, and variance analysis.
• Execute inventory reconciliations, stock verification, and month-end/year-end closing activities.
• Maintain statutory cost records and support cost audits as per Companies Act and Cost Accounting Standards (CAS).
• Ensure SAP S/4HANA MM, FI, and CO integration for inventory accounting, Material Ledger, and costing processes.
• Monitor inventory aging, obsolete stock, cost reduction opportunities, and profitability analysis.
• Strengthen internal controls, audit compliance, and governance over inventory and costing processes.

Required Skills

• Strong knowledge of Inventory Accounting, Cost Accounting, and Manufacturing Finance
• Hands-on experience in SAP S/4HANA (MM, FI & CO modules)
• Product Costing (CK11N, CK40N), BOM, Routing, Material Ledger, Actual Costing
• Experience in cost audit, CAS compliance, and inventory controls
• Strong analytical, reconciliation, and problem-solving skills

Qualification & Experience

• CMA / CA (Inter or Final preferred) / B.Com / M.Com
• 4 to 8 years of experience in manufacturing plant costing, inventory valuation, or cost accounting
• Mandatory experience in SAP S/4HANA environment