Cost Accounting @ Chennai

Cap Talent HR; Chennai; On-site; INR 600,000 - 900,000; Full time

Job summary

Cap Talent HR is seeking a Cost Accounting Team Associate in Chennai for full-time engagement. The role involves managing standard costing cycles, inventory reserves, and period-end close, with emphasis on accuracy of cost data and close collaboration with operations.

The candidate should bring 3+ years of cost accounting experience, B.Com with CMA qualification, and proficiency in cost accounting modules and MS Office. Knowledge of ERP systems like Oracle/SAP is preferred.

Qualifications

• B.Com with CMA qualification emphasised as must; CMA/ICWA adds weight.
• Minimum 3 years of cost accounting experience.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in cost accounting modules and MS Office Suite.
• Ability to work independently and as part of a team.

Responsibilities

• Manage standard costing routines daily/weekly/monthly.
• Understand inventory reserves, provisions, and warranty provisions and period-end.
• Tag corrected orders to avoid errors.
• Perform inventory aged assessments for control processes.
• Ensure accurate reporting and tracking of financial data, especially inventory and provisions.
• Manage global vendor validations and annual physical inventory schedule.
• Execute system processes and document inventory validation.
• Collaborate with operations to resolve aged assessments after period-end.
• Analyze manufacturing costs and prepare reports comparing standard vs actual costs.
• Provide cost analyses and reports for management decisions.
• Lead budgeting and forecasting for manufacturing costs.
• Oversee financial close schedule and ensure timely completion.

Skills

Analytical thinking

Problem solving

Communication

Interpersonal skills

Teamwork

Education

B.Com with CMA (Semi/Inter/Full)

CMA/ICWA qualification (added weight)

Tools

Microsoft Office Suite

Oracle

SAP

Job description

Job Title: Cost Accounting Team Associate

Location: Chennai

Job Type: Full-Time

Key Responsibilities

• Manages standard costing daily /weekly / monthly routines.
• Responsible for understanding inventory reserves, provisions, and warranty provisions

(future obligations).

• Proper tagging of corrected orders to avoid errors like double corrections.
• Aged assessments of inventory for better control processes.
• Ensure accurate reporting and tracking of financial data, especially regarding inventory

and provisions.

• Manage the global schedule for vendor validations and the annual physical inventory

count.

• Handle system execution and documentation related to inventory validation.
• Work closely with operations partners to manage and resolve aged assessments after

period-end.

• Analyze manufacturing costs and prepare regular reports comparing standard costs to

actual production costs.

• Provide detailed cost analysis and reports to support management decision-making.
• Lead the budgeting and forecasting processes related to manufacturing costs.
• In charge of the financial close schedule, ensuring timely execution and completion of

tasks.

• Ensuring that any issues found during the financial close are promptly addressed and

resolved.

• Not only responsible for completing accounting tasks but also expected to follow up and

resolve issues with operations, ensuring full-circle control.

• Understands the audience and consumers of financial reports to avoid delays and

ensure that the reports meet expectations.

Qualifications

• B com with cost accounting experience (Being Qualified Cost Accountant (CMA/ICWA)

is an added weightage).

• Minimum of 3 years of experience in cost accounting.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in cost accounting modules and Microsoft Office Suite.
• Ability to work independently and as part of a team.

Preferred Skills

• Experience with ERP systems like Oracle/ SAP
• Advanced Excel skills.
• Knowledge of lean manufacturing principles.

Note: Preferred Chennai candidates with manufacturing

background.

Shifts- Should be flexible for Aus (Shifts- 3.30A.m to 12.30 P.m) US (5.30 P.M-2.30 A.m )

Work from office - Chennai, Perungalathur

Relevant 3+ Years exp in costing / Cost accounting with Manufacturing background is must.

B. com with CMA Semi qualified/ Inter qualified/ Fully qualified is must

Good communication is must

Salary Up to 6- 9 Lpa (Based on previous package )

Regards,

HR Mangers