Job Description

: Cost Accountant

Position Title: Cost Accountant

Location: Bangalore, India

Company: Leading Electronics Refurbishment Company

CTC: ?14 - 16 Lakhs per annum

Qualifications:

• ICWA (Institute of Cost and Works Accountants) Qualified
• Experience: 4 to 6 years in cost accounting, preferably in the electronics manufacturing sector.

Key Responsibilities:

• Cost Analysis and Control:
• Analyze and control costs associated with manufacturing processes.
• Implement cost-effective measures and ensure optimal utilization of resources.
• Conduct variance analysis and recommend corrective actions.
• Budgeting and Forecasting:
• Prepare annual budgets and forecasts in coordination with various departments.
• Monitor budget adherence and report deviations to management.
• Assist in strategic planning by providing financial insights and recommendations.
• Financial Reporting:
• Prepare and present detailed cost reports, financial statements, and management reports.
• Ensure accurate and timely financial reporting in compliance with company policies and accounting standards.
• Support external and internal audits by providing necessary documentation and explanations.
• Inventory Management:
• Oversee inventory valuation and control processes.
• Conduct periodic physical inventory checks and reconcile discrepancies.
• Optimize inventory levels to balance costs and operational efficiency.
• Cost Accounting Systems:
• Develop, implement, and maintain effective cost accounting systems and procedures.
• Ensure accurate recording of cost data and timely updates to cost records.
• Utilize ERP systems for efficient cost management and reporting.
• Regulatory Compliance:
• Ensure compliance with all applicable financial regulations and standards.
• Stay updated with changes in accounting and taxation laws relevant to cost accounting.
• Cross-Functional Collaboration:
• Collaborate with production, procurement, and sales teams to ensure cost-effective operations.
• Provide financial insights and support to various departments for decision-making.
• Participate in cross-functional projects aimed at improving operational efficiency and cost savings.

Skills and Competencies:

• Strong analytical and problem-solving skills.
• Proficiency in cost accounting software and ERP systems.
• Excellent communication and interpersonal skills.
• Detail-oriented with strong organizational abilities.
• Ability to work independently and as part of a team.

Preferred Qualifications:

• Experience in the electronics manufacturing industry.
• Advanced knowledge of Excel and other financial analysis tools.
• Certification in relevant financial or cost management courses.

Application Process: Interested candidates are requested to send their updated resume

Job Types: Full-time, Permanent

Pay: ?1,200,000.00 - ?1,500,000.00 per year

Benefits:

• Cell phone reimbursement
• Food provided
• Health insurance
• Internet reimbursement
• Leave encashment
• Life insurance
• Paid sick time
• Provident Fund
• Work from home

Schedule:

• Day shift
• Monday to Friday

Supplemental pay types:

• Performance bonus
• Yearly bonus

Experience:

• Cost accounting: 3 years (Required)

Work Location: In person