Talent.com
This job offer is not available in your country.
▷ (Only 24h Left) Cost Manager

▷ (Only 24h Left) Cost Manager

ideaForgePune, Maharashtra, India
3 hours ago
Job description

Job Description

Job Description : Cost & Management Accountant

Position Title : Manager – Costing

Department : Finance

Location : Plant (Mahape)

Reports to : Director Finance

Experience Required : 5–8 years (Manufacturing Industry experience mandatory)

Role Overview

We are seeking a highly skilled and detail-oriented Cost & Management Accountant to join our manufacturing organization. The role requires a professional with strong expertise in cost accounting, audit, budgeting & MIS, inventory management, and internal controls. The incumbent will ensure accurate financial and costing information, provide insights for decision-making, strengthen governance, and drive cost optimization initiatives across the organization.

This is a dual-profile role, combining accounting responsibilities with cost & management accounting and internal control oversight.

Key Responsibilities

1. Cost Analysis, Reporting & Control

  • Prepare product-wise cost sheets, job-work cost analysis, and BOM costing.
  • Perform variance analysis (material, labor, overhead etc.) and present actionable insights.
  • Prepare monthly costing Profit & Loss Account and product contribution margin analysis.
  • Support management in pricing, investment evaluation, and make-vs-buy decisions.
  • Drive cost reduction initiatives by monitoring key cost drivers and collaborating with vendors and operations.

2. Budgeting, MIS & Internal Controls

  • Prepare and monitor annual budgets, rolling forecasts, and profitability statements.
  • Deliver accurate and timely MIS reporting, highlighting operational and financial performance against targets.
  • Establish, monitor, and periodically test robust internal controls across costing, accounting, inventory, and plant operations.
  • Design and implement control checklists, compliance monitoring tools, and audit-ready documentation.
  • Proactively identify process gaps and risks, recommend corrective / preventive measures, and ensure strict adherence to SOPs and policies.
  • Lead as the first line of defense against financial inaccuracies, leakages, and non-compliance by ensuring effective internal checks.
  • Act as key liaison for internal audits, ensuring thorough resolution of audit observations and embedding stronger controls.
  • 3. Inventory & Stock Management

  • Accurately value RM, WIP, and finished goods inventory in compliance with accounting and cost standards.
  • Oversee monthly physical verification, stock reconciliations, and stock variance reports for management.
  • Develop stock-related reports (plant stock statements, ageing reports, slow / non-movers, and inventory holding reports).
  • Collaborate with procurement and operations for stock optimization, reduced carrying costs, and improved working capital utilization.
  • 4. General Accounting & Compliance

  • Ensure timely recording of financial transactions as per Ind AS.
  • Support monthly and annual book closures, reconciliations, and accurate reporting.
  • Prepare and provide schedules for cost audits, statutory audits, ensuring compliance with all regulatory requirements.
  • Continue strengthening financial governance through internal control frameworks.
  • Qualifications & Skills

  • Educational Background :
  • Bachelor’s Degree in Commerce / Accounting / Finance (B.Com / M.Com).
  • Qualified Cost and Management Accountant (CMA) – ICMAI or Chartered Accountant (CA)
  • Experience :
  • 5–8 years in the manufacturing industry in costing, MIS, internal controls, and audit support.
  • Technical Skills :
  • ERP systems (SAP preferred, costing & manufacturing module).
  • MS Excel (advanced level—pivot, lookups, automation & AI tools).
  • Knowledge of Ind AS, Cost Accounting Standards, Taxation, and Internal Control frameworks (IFC exposure preferred).
  • Skills

    MIS, Budgeting and forecasting

    Internal Controls

    Financial compliances

    ERP & Excel Proficiency

    Analytical Capability

    Cost accounting and audit

    Inventory Accounting & Pricing Control

    Inventory Management

    Create a job alert for this search

    Only 24H Left Manager • Pune, Maharashtra, India

    Related jobs
    • Promoted
    Accounting / Operations - Accountant

    Accounting / Operations - Accountant

    ConfidentialPune
    Responsibilities : 0-4 years experience.Examines, analyzes, and interprets accounting records to prepare statements and / or advise management. Familiar with a variety of the fields concepts, practices...Show moreLast updated: 30+ days ago
    • Promoted
    Lead - Admin & Finance

    Lead - Admin & Finance

    Open Links FoundationPune, India
    Open Links Foundation (OLF) is an IT-based non-profit organization founded by Sanjay Dalmia (IIT Delhi, IIM Ahmedabad) with a mission to strengthen the government school ecosystem and...Show moreLast updated: 10 days ago
    • Promoted
    Accounting Manager

    Accounting Manager

    ConfidentialPune
    We are looking for candidates with .IGAAP or INDAS , UK or US GAAP or IFRS , Financial Accounting and Reporting.MISSION : The Accounting Manager ensures accounting quality of activities of one or m...Show moreLast updated: 20 days ago
    • Promoted
    Accountant O2C

    Accountant O2C

    ConfidentialPune
    Assist in executing the full accounts receivable cycle from generation of invoices to payment, including creating receipt entries, correcting errors and applying holds, and posting and resolving in...Show moreLast updated: 20 days ago
    • Promoted
    Accountant & Admin

    Accountant & Admin

    ConfidentialPune, India
    Accounts Receivable & Accounts Payable.ITR filing, GST returns, and Income Tax compliance.Maintain accurate accounting records in. Prepare bank reconciliations, vendor reconciliations, and monthly c...Show moreLast updated: 25 days ago
    • Promoted
    Accolade Electronics - Chartered Accountant

    Accolade Electronics - Chartered Accountant

    Accurate Industrial Controls Pvt LtdPune, India
    Chartered Accountant Job Summary : We are seeking an experienced and results-driven chartered accountant with a strong background in the...Show moreLast updated: 29 days ago
    • Promoted
    Accounting Manager

    Accounting Manager

    Wellwishers group indiaPune, India
    Job Title : Chartered Accountant (CA)Intern.Department : Finance / Accounts / Audit / Tax.We are seeking a highly motivated and detail-oriented CA Intern to join our team. The intern will assist with ...Show moreLast updated: 10 days ago
    • Promoted
    SAP RTR Costing Specialist

    SAP RTR Costing Specialist

    ConfidentialPimpri, Pune, India
    The role involves driving costing activities, financial analysis, and process improvements while collaborating with global stakeholders. Perform cost estimates, variance analysis, and cost centre re...Show moreLast updated: 25 days ago
    • Promoted
    Accounts Payable Administrator

    Accounts Payable Administrator

    ConfidentialPune
    A good team player Impact and Scope : .Ability to work in a Shared Service Centre environment for multiple companies from various countries. Ability to cope with month end reporting, tight deadlines.A...Show moreLast updated: 15 days ago
    • Promoted
    Accounting Associate - Level II

    Accounting Associate - Level II

    ConfidentialPune
    Compiles, consolidates and conducts basic analysis of accounting and finance information.Prepares basic journal entries.Performs monthly and annual account reconciliations.Assists with preparation ...Show moreLast updated: 30+ days ago
    • Promoted
    Oracle Costing Specialist

    Oracle Costing Specialist

    Jade GlobalPune
    Job Description : We are seeking an experienced Oracle Costing Specialist with a strong accounting background to join our finance and ERP team.The ideal candidate wi...Show moreLast updated: 29 days ago
    • Promoted
    Instem - Management Accountant

    Instem - Management Accountant

    Instem India Private LimitedPune, India
    Management Accountant Location : Pune, Hybrid.Status : Permanent, Full Time Package : Competitive Salary (fixed), 5 Day Working Week...Show moreLast updated: 29 days ago
    • Promoted
    Varex Imaging - Senior Cost Accountant - CMA

    Varex Imaging - Senior Cost Accountant - CMA

    Varex ImagingPune, India
    Varex Imaging Corporation Headquartered in Salt Lake City, Utah, is a leading independent supplier of medical X-ray tubes and image processing solutions. From medical imaging to cargo screening and ...Show moreLast updated: 9 days ago
    • Promoted
    Accounting Manager

    Accounting Manager

    Pentangle Tech Services | P5 GroupPune, IN
    We are looking for a highly skilled.The ideal candidate will have at least.Manage day-to-day accounting operations using. AP / AR, bank reconciliations, and payroll accounting.Collaborate with cross-f...Show moreLast updated: 10 days ago
    • Promoted
    Administrative and Accounting Assistant

    Administrative and Accounting Assistant

    ALIANDOPune, IN
    Administrative And Accounting Assistant.Working Hours - 12 : 30 PM to 9 : 30 PM IST .ALIANDO is an award-winning Azure Expert Managed Service solutions company focused on selling and deploying Microsof...Show moreLast updated: 15 days ago
    • Promoted
    Chartered Accountant

    Chartered Accountant

    KBD Talent Forge India Pvt LtdPune, India
    We are seeking a qualified and motivated Chartered Accountant with 1-3 years of experience in a consulting firm to join our team in Pune. The ideal candidate will have strong technical accounting kn...Show moreLast updated: 20 days ago
    • Promoted
    Chartered Accountant

    Chartered Accountant

    H H Chimthanawala & Co., Chartered AccountantsPune, Maharashtra, India
    Our major work streams involve system controls and process based auditing leading to monthly MIS will support timely decision making to businesses in addition to on dot statutory compliances.We are...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Financial Accountant

    Senior Financial Accountant

    TelnaPune, IN
    Telna provides Mobile Networks, CSPs and OEMs with a managed global network infrastructure for cellular connectivity.Telna has the largest LTE and LTE-M footprint in the world.Its multi-network pla...Show moreLast updated: 11 days ago
    • Promoted
    Emerson - Cost Accountant

    Emerson - Cost Accountant

    Emerson (Emerson)(2252)Pune, India
    In this Role, Your Responsibilities Will Be : - Participate in the maintenance of new material costs and the update of annual standard costs.Participa...Show moreLast updated: 16 days ago
    Sr. Accountant

    Sr. Accountant

    Weekday AIPune, MH, IN
    Quick Apply
    This role is for one of the Weekday's clients.We are seeking a detail-oriented and experienced.This role demands strong analytical skills, precision in handling financial data, and the ability to w...Show moreLast updated: 22 days ago