MIS Executive - Cost Accounting

Sugna Tmt

Anantapuramu District

On-site

INR 500,000 - 900,000

Full time

8 days ago

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Job summary

Sugna Tmt, Tadipatri, Andhra Pradesh, is seeking an MIS Executive focused on Cost Accounting to manage department-wise cost reports and MIS analysis. The role involves tracking production costs, variance analysis, budgeting support, and providing actionable insights to management in a manufacturing setup.

The candidate should have 4–8 years of experience and a commerce/management degree, with expertise in Excel and ERP systems. Prior exposure to steel manufacturing is a plus.

Qualifications

  • MUST have degree in commerce or management with cost accounting exposure.
  • Experience in steel/manufacturing costing is preferred.
  • Proficiency in ERP tools and advanced Excel required.

Responsibilities

  • Prepare MIS reports and department-wise cost reports.
  • Analyze production costs and variance; support budgeting.
  • Maintain cost sheets for iron/steel products.
  • Track costs by department and ensure data accuracy.
  • Collaborate with production, procurement and finance teams.

Skills

Cost Accounting & MIS reporting
Advanced Excel
ERP systems (SAP/Tally/Oracle)
Data analysis
Attention to detail

Education

Graduate in Commerce/Management

Tools

SAP
Tally
Oracle

Job description

Job Title: MIS Executive - Cost Accounting

Industry: Iron & Steel
Experience: 4-8 Years
Qualification: Graduate (B. Com / BBA / BMS preferred; MBA Finance is a plus)
Department: Finance / Costing / MIS
Location: Tadipatri, Andhra Pradesh

Job Summary:

The MIS Executive will be responsible for preparing, analyzing, and maintaining management information systems with a focus on department-wise cost accounting in the iron and steel manufacturing environment. The role involves tracking production costs, variance analysis, budgeting support, and generating actionable insights for management.

Key Responsibilities:
  1. MIS & Reporting
    • Prepare daily, weekly, and monthly MIS reports for management.
    • Develop department-wise cost reports (production, procurement, logistics, etc.).
    • Automate MIS reports using Excel (Pivot Tables, Power Query, Macros).
    • Ensure data accuracy and timely reporting.
  2. Cost Accounting (Core Role)
    • Monitor and analyze production costs (raw material, labor, overheads).
    • Maintain cost sheets for steel/iron products.
    • Conduct variance analysis (actual vs standard cost).
    • Track per ton cost of production and identify cost-saving opportunities.
    • Support inventory valuation and reconciliation.
  3. Department-wise Cost Tracking
    • Allocate costs across departments (Melting, Rolling Mill, Furnace, Dispatch, etc.).
    • Analyze department efficiency and cost utilization.
    • Provide insights to reduce wastage and improve operational efficiency.
  4. Data Analysis & Controls
    • Collect and validate data from plant, stores, and accounts.
    • Maintain dashboards for cost trends and KPIs.
    • Ensure internal controls for data accuracy and compliance.
  5. Budgeting & Forecasting
    • Assist in preparation of annual budgets and monthly forecasts.
    • Compare actual performance against budgets and highlight deviations.
  6. Coordination
    • Work closely with production, procurement, and finance teams.
    • Coordinate with plant teams for real-time data collection.
Key Skills Required:
  • Strong knowledge of Cost Accounting & MIS reporting
  • Advanced MS Excel (Pivot, VLOOKUP/XLOOKUP, Power Query; VBA is a plus)
  • Understanding of iron & steel manufacturing processes
  • Analytical and problem-solving skills
  • Knowledge of ERP systems (SAP / Tally / Oracle preferred)
  • Attention to detail and accuracy
Key KPIs / Performance Metrics:
  • Accuracy and timeliness of MIS reports
  • Cost variance reduction
  • Efficiency in department-wise cost tracking
  • Quality of insights provided to management
Preferred Candidate Profile:
  • Experience in steel plants, rolling mills, or manufacturing units
  • Exposure to production costing and inventory management
  • Ability to handle large datasets and generate insights
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