Cost Accountant

*Job Description: Cost Accountant*

*Location:* Bhavanipuram, Vijayawada
*Industry:* FMCG (Fast-Moving Consumer Goods)
*Experience:* Minimum 1 year
*Gender:* Male candidates only

*Position Overview:*

We are seeking an experienced Cost Accountant to join our FMCG manufacturing unit located in Bhavanipuram, Vijayawada. The ideal candidate will be responsible for overseeing and analyzing the cost of production and manufacturing processes to improve cost-efficiency and profitability. This is a crucial role that will involve close collaboration with various departments to optimize production costs and ensure accurate financial reporting.

*Key Responsibilities:*

• *Cost Management & Analysis:*
  • Conduct detailed cost analysis for all stages of the production and manufacturing processes.
  • Monitor and review costs associated with raw materials, labor, overheads, and operations.
  • Implement cost control measures to reduce wastage and optimize resource allocation.
• *Inventory & Stock Management:*
  • Manage and control inventory costs, ensuring that all materials and finished goods are accurately accounted for.
  • Ensure effective inventory valuation and provide recommendations to streamline processes.
• *Budgeting & Forecasting:*
  • Develop budgets and cost forecasts, providing insights to the management team for decision-making.
  • Analyze variances between actual and budgeted costs and recommend corrective actions.
• *Financial Reporting:*
  • Prepare and present cost reports, profitability analyses, and production performance metrics to senior management.
  • Ensure compliance with all accounting standards and regulations.
• *Cost Reduction Strategies:*
  • Identify opportunities for cost reduction and operational improvements across the production line.
  • Work closely with the production team to implement best practices for efficient production.
• *Collaboration:*
  • Collaborate with procurement, production, and finance teams to ensure accurate cost data and provide insights to enhance financial planning and decision-making.
  • Participate in monthly and annual financial close processes, supporting audits and providing necessary documentation.

*Qualifications:*

• Bachelor’s degree in Cost Accounting, Finance, or a related field.
• Minimum of 1 years of experience in cost accounting, particularly in a production and manufacturing environment, preferably in the FMCG sector.
• In-depth knowledge of cost accounting principles, financial reporting, and budgeting techniques.
• Strong understanding of manufacturing processes, inventory management, and cost control.
• Proficiency in accounting software and ERP systems.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently and handle multiple priorities in a fast-paced manufacturing environment.

*Preferred Skills:*

• Experience with standard costing and variance analysis.
• Strong attention to detail and a results-oriented mindset.
• Knowledge of taxation laws related to manufacturing costs.

*Additional Information:*

• Working Days: Monday to Saturday
• Timings: 9 AM to 7 PM
• Location: Bhavanipuram, Vijayawada
• Gender: Male candidates only (as per job requirements)

If you meet the qualifications and are eager to contribute to a fast-growing FMCG company, we encourage you to apply.

*How to Apply:*

If you are interested in this role and meet the qualifications, please send your updated resume to Whatsapp: 8897472357 or info@staffrex.in for consideration.