Costs & Inventory Specialist

Metalsa; Jamshedpur; On-site; INR 600,000 - 900,000; Full time

Job summary

A manufacturing company located in Jamshedpur is seeking a Cost Accountant with CA/CMA accreditation and 3-7 years of specialized experience in cost accounting. The role involves establishing product standard costs, managing inventory costs, and preparing financial statements. Strong analytical skills and proficiency in MS Office are essential. Join a dynamic team where you will contribute to budgeting and forecasting efforts.

Qualifications

• 3-7 years specialized experience in cost accounting (standard costing, absorption costing).

Responsibilities

• Establish the product’s standard cost with updated BOM and resource cost.
• Ensure correct cost of inventory and inventory control.
• Proper registration of production and warehouse transactions.

Skills

Knowledge of Accounting

Process costing

Variance analysis

Inventory management

Budgeting

Forecasting

MS Office

Education

CA/CMA

Job description

Key Accountabilities

• Establishment of the product’s standard cost with updated BOM and Resource cost.
• Ensure correct cost of Inventory (RM, FG, WIP & MRO) and Inventory control.
• Proper registration of production and warehouse transactions in booking records.
• Update and control of Material Price with Material consumption %.
• Segregation and preparation of COST based on Process, Product and Customer (PPC).
• Support to preparation for Budget, Quarterly Forecast, Monthly Forecast and long-term plan.
• Analysis of each department cost, Transformation cost and present to each
• Department and management.
• Preparation for Financial statement.

Required Academic and Experience

CA/CMA with 3-7 years Specialized experience in Cost accounting (standard costing, absorption costing).

Technical Skills

• Knowledge of Accounting.
• Chart of Accounts.
• Process costing.
• Variance analysis & Inventory management.
• Budgeting & forecasting.
• Preparation of financial statement.
• Good amount of working knowledge in MS office.