Deputy Manager - Cost Accounting

IMA India; Delhi; On-site; INR 1,000,000 - 1,600,000; Full time

Job summary

People First Consultants in Delhi is seeking a Deputy Manager - Cost Accounting to oversee cost data, BOM costing, and financial control. You will monitor cost structures, analyze variances, and support strategic decisions with accurate reporting.

The role requires CMA / CMA Inter (preferred) with a B.Com or equivalent, 5-8 years of cost accounting experience in manufacturing, and a strong Excel/Tally skillset. Work is office-based with active stakeholder engagement.

Qualifications

• Strong analytical and problem-solving skills with attention to detail.
• In-depth knowledge of cost accounting principles, inventory valuation, and variance analysis.
• Proficiency in MS Excel and accounting/ERP systems such as Tally.
• Ability to interpret financial data and provide actionable business insights.
• Strong communication and stakeholder management skills.

Responsibilities

• Prepare detailed product cost sheets and perform Bill of Materials (BOM) costing.
• Analyze standard costs versus actual costs and investigate variances with actionable insights.
• Monitor and ensure accurate valuation of raw materials, work-in-progress (WIP), and finished goods inventory.
• Ensure proper absorption of factory overheads and track overall production costs.
• Identify cost inefficiencies and recommend effective cost optimization and reduction measures.
• Support budgeting and forecasting activities, including variance analysis and monitoring.
• Prepare cost-related MIS reports, profitability analysis, and departmental cost reports for management review.
• Ensure compliance with cost audit requirements and provide necessary support during internal and external audits.

Skills

Analytical skills

Cost accounting

Inventory valuation

Variance analysis

MS Excel

Tally

Financial data interpretation

Stakeholder management

Education

CMA / CMA Inter (preferred)

B.Com or equivalent

Tools

MS Excel

Tally

Job description

Employer People First Consultants

Location Delhi

Posted Apr 30, 2026

Closes Sep 24, 2026

Ref 5700993427

Role Accountant / Management Accountant

Level Manager, Staff, Senior

Certification CMA: Preferred

Work Mode Work from office

Hours Full Time

Organization Type Consultancy

Job Overview

We are looking for a detail-oriented and analytical Deputy Manager - Cost Accounting to oversee product costing, cost analysis, and financial control processes. The role involves monitoring cost structures, identifying inefficiencies, and supporting strategic decision-making through accurate cost data and reporting.

Key Responsibilities

• Prepare detailed product cost sheets and perform Bill of Materials (BOM) costing.
• Analyze standard costs versus actual costs and investigate variances with actionable insights.
• Monitor and ensure accurate valuation of raw materials, work-in-progress (WIP), and finished goods inventory.
• Ensure proper absorption of factory overheads and track overall production costs.
• Identify cost inefficiencies and recommend effective cost optimization and reduction measures.
• Support budgeting and forecasting activities, including variance analysis and monitoring.
• Prepare cost-related MIS reports, profitability analysis, and departmental cost reports for management review.
• Ensure compliance with cost audit requirements and provide necessary support during internal and external audits.

Requirements

• Strong analytical and problem-solving skills with attention to detail.
• In-depth knowledge of cost accounting principles, inventory valuation, and variance analysis.
• Proficiency in MS Excel and accounting/ERP systems such as Tally.
• Ability to interpret financial data and provide actionable business insights.
• Strong communication and stakeholder management skills.
• CMA / CMA Inter (preferred) along with B.Com or equivalent qualification.
• 5-8 years of relevant experience in cost accounting, preferably in a manufacturing environment.