Deputy Manager, Costing

Imi Plc; Dadri; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Imi Plc in Dadri, Uttar Pradesh, India, is seeking a qualified Cost Accountant to plan, study, and collect cost data at SKU level for materials, labor, and inventory. The role analyzes data, assesses cost impacts of design changes, and prepares standard versus actual cost reports to drive margins.

Responsibilities include maintaining the cost accounting system, supporting month-end close, inventory reconciliation, WIP/FG valuation, and CAPEX tracking for NPD and VAVE projects, with a strong

Qualifications

• Bachelor's degree in Accounting or Finance or a CWA qualification.
• Strong background in cost systems and analytical skills.
• Experience partnering with engineering and manufacturing teams on cost standard development.
• Ability to prepare accurate cost reports and financial analyses.

Responsibilities

• Plan, study, and collect cost data related to raw materials, inventory, and labor at SKU level.
• Analyze collected data and record findings.
• Assess cost impact of changes in product design, raw materials, manufacturing methods, or services, and determine product-level margins.
• Analyze actual manufacturing costs and prepare standard versus actual cost reports.
• Record and maintain cost information to support expenditure control.
• Conduct cost audits and prepare related reports.
• Develop cost estimates for new and proposed products.
• Provide management with profitability and pricing analysis reports.
• Maintain and enhance the Cost Accounting System.
• Support month-end General Ledger closing activities.
• Conduct physical inventory counts and monitor cycle count programs.
• Reconcile finished goods inventory balances.
• Perform valuation of Work-in-Progress (WIP) and Finished Goods (FG) inventories.
• Reconcile Cost of Goods Sold (COGS) for reporting, internal audits, and external audits, while identifying process improvement opportunities.
• Manage fixed asset accounting in compliance with IGAAP requirements.
• Support other finance functions as required.
• Reconcile CAPEX spending against budgets and forecasts, and track payback periods and margin improvements for NPD and VAVE projects.

Skills

Cost accounting

Analytical skills

Stakeholder management

Cost systems

Education

Bachelor's degree in Accounting or Finance

CWA qualification

Tools

Excel

Outlook

Word

Job description

• Plan, study, and collect cost data related to raw materials, inventory, and labor at SKU level
• Analyze collected data and record findings
• Assess the cost impact of changes in product design, raw materials, manufacturing methods, or services, and determine product-level margins
• Analyze actual manufacturing costs and prepare standard versus actual cost reports
• Record and maintain cost information to support expenditure control
• Conduct cost audits and prepare related reports
• Develop cost estimates for new and proposed products
• Provide management with profitability and pricing analysis reports
• Maintain and enhance the Cost Accounting System
• Support month-end General Ledger closing activities
• Conduct physical inventory counts and monitor cycle count programs
• Reconcile finished goods inventory balances
• Perform valuation of Work-in-Progress (WIP) and Finished Goods (FG) inventories
• Reconcile Cost of Goods Sold (COGS) for reporting, internal audits, and external audits, while identifying process improvement opportunities
• Manage fixed asset accounting in compliance with IGAAP requirements
• Support other finance functions as required
• Reconcile CAPEX spending against budgets and forecasts, and track payback periods and margin improvements for NPD and VAVE projects

Requirements

• Relevant experience in Cost Accounting within automotive / manufacturing environment
• Bachelor's Degree in Accounting, Finance, or CWA qualification
• Strong background in cost systems and excellent analytical skills
• Sound understanding of accounting principles
• Advanced Excel skills and proficiency in Outlook and Word
• Experience partnering with engineering and manufacturing teams on cost standard development and analysis
• Ability to prepare accurate daily, weekly, monthly, quarterly, and annual reports
• Strong communication and stakeholder management skills for cross-functional collaboration and follow-up activities