Cost Accountant

Cost Accountant – Key Responsibilities

• Prepare and maintain SKU-wise product costing for all brands and pack sizes.
• Update standard cost, BOMs, and manufacturing cost structures.
• Monitor raw material, packaging material, utility, and conversion costs.
• Analyze production losses, wastages, and efficiency metrics to identify cost-saving opportunities.
• Ensure accurate valuation and accounting of Raw Materials, Packaging Materials, WIP, Finished Goods, and Stores & Spares.
• Conduct monthly inventory reconciliations and investigate variances.
• Review material, yield, labor, utility, and overhead variances against standards and budgets.
• Provide corrective action recommendations to management.
• Prepare SKU-wise, brand-wise, state-wise, and plant-wise profitability reports.
• Support pricing, rebate, and commercial decision-making.
• Assist in preparation of manufacturing budgets and cost forecasts.
• Monitor actual performance against budget and explain deviations.
• Generate monthly cost MIS, inventory reports, COGS analysis, and brewery performance dashboards.
• Present cost-related insights to Finance Leadership.
• Maintain cost centers, product costing data, and inventory-related master data.
• Ensure accurate costing transactions within SAP.
• Support internal audits, statutory audits, and cost audits.
• Ensure compliance with Cost Accounting Standards, Ind AS, Companies Act, and company policies.