Head – Cost Accountant Telesis Consultancy Services

The Corporate Institute; Mumbai; On-site; INR 2,800,000 - 4,000,000; Full time

Job summary

The Corporate Institute in Mumbai seeks a seasoned Head Cost Accountant to lead the cost accounting framework across the organization, aligning financial operations with strategic goals.

You will drive budgeting, cost control, and profitability initiatives, mentor the finance team, and partner with SAP FICO for accurate data flow and reporting. This on-site leadership role requires ICWA qualification and strong communication to influence cross-functional teams.

Qualifications

• Expertise in advanced cost accounting principles such as ABC and standard costing.
• Proficiency with SAP FICO for consolidation, reporting, and automation.
• Ability to translate financial data into strategic recommendations for senior stakeholders.
• Excellent communication and cross-functional leadership skills.

Responsibilities

• Direct the end-to-end cost accounting function across business units.
• Lead annual budgeting and rolling forecast processes with department heads.
• Implement stringent cost controls to identify variances and improve margins.
• Drive financial reporting and analyses for the executive team with data-backed insights.
• Manage SAP FICO integration to ensure data flow and reporting accuracy; mentor the finance team.

Skills

Cost accounting

Activity-based costing

Standard costing

Financial analysis

Leadership

Cross-functional collaboration

Communication skills

Education

ICWA (Cost & Management Accountant)

Tools

SAP FICO

Job description

Role Overview

We are seeking a seasoned finance professional to join our leadership team in Mumbai as the Head Cost Accountant. In this pivotal role, you will oversee the entire cost accounting framework, ensuring that our financial operations align with strategic business objectives. You will work closely with senior leadership, plant operations, and cross-functional department heads to drive profitability and operational efficiency. By spearheading robust budgeting processes and rigorous cost control measures, you will provide the actionable insights necessary for the organization to optimize margins and maintain a competitive edge in the market.

Key Responsibilities

• Direct the end-to-end cost accounting function to ensure accurate valuation of inventory and precise product costing across all business units.
• Lead the annual budgeting and rolling forecast processes, collaborating with department heads to align financial targets with operational capabilities.
• Implement stringent cost control mechanisms to identify variances, mitigate financial leakage, and enhance overall operational margins.
• Drive comprehensive financial reporting and analysis, providing the executive team with data-backed narratives on performance trends and cost drivers.
• Manage the integration and optimization of SAP FICO modules to ensure seamless data flow and reporting accuracy across the finance ecosystem.
• Mentor and lead the finance team, fostering a culture of analytical rigor and continuous improvement in accounting practices.

Required Skillset

• Demonstrated expertise in advanced cost accounting principles, including activity-based costing and standard costing, to support complex manufacturing or service environments.
• Proven ability to navigate and leverage SAP FICO for financial consolidation, reporting, and process automation.
• Strong analytical mindset with the capacity to translate complex financial data into strategic recommendations for senior stakeholders.
• Exceptional communication and interpersonal skills, essential for influencing cross-functional teams and driving organizational change.
• Professional qualification as an ICWA (Cost and Management Accountant) is mandatory, reflecting a deep technical foundation in cost management.
• Ability to thrive in a high-pressure, on-site environment in Mumbai, maintaining high standards of accuracy and professional integrity while managing multiple high-priority projects.