Walk-in || Cost Accountant

Job highlights

• Experience in product costing, machine hour rate calculation, and profitability analysis
• Prepare and maintain product-wise costing, calculate machine hour rates, analyze gross profit and product profitability, prepare MIS reports, and coordinate with cross-functional teams

1. Costing

• Prepare and maintain product-wise costing based on material, labour, machine, and other relevant costs.
• Review costing periodically and update it based on changes in cost components.

2. Machine Hour Rate

• Review the rates periodically based on actual operating costs and production hours.
• Calculate and monitor Machine Hour Rates for different machines and production processes.

3. Standard Costing

• Assist in establishing and maintaining standard costs for products.
• Compare standard costs with actual costs and identify major variations.

4. Product Pricing

• Prepare costing-based pricing for products.
• Support the team in analysing the impact of cost changes on product prices and margins.

5. Gross Profit & Profitability

• Calculate and monitor Gross Profit at product level.
• Prepare product-wise profitability analysis and identify significant variations in margins.
• Assist in identifying reasons for lower or higher profitability.

6. MIS & Analysis

• Prepare regular MIS reports relating to costing, pricing, Gross Profit, and product profitability.
• Provide relevant analysis and information to support management decisions.

7. Coordination & Other Activities

• Coordinate with Production, Purchase, Sales, and Accounts teams for costing-related information.
• Take up other costing, analysis, and MIS-related work as assigned by the Head from time to time.