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Cost Accountant

Cost Accountant

KWALITY SPICESKanakapura, KA, in
2 days ago
Job type
  • Quick Apply
Job description

Job Description

Job Specification Sheet – Cost Accountant (Food Processing / FMCG)

Company :  Pagariya Food Products Pvt. Ltd.

Location :  Harohalli, Ramanagara Taluk, Karnataka

Department :  Finance & Accounts

Reports To :  Accounts Head

Designation :  Cost Accountant

1. Job Purpose :

To ensure accurate product costing, monitor material usage, analyze production efficiency, and support management with reliable cost data for pricing, profitability, and strategic decisions in the food processing business (spices, breakfast cereals, instant mixes).

6. Key Competencies (Behavioral & Functional) :

Functional :

  • Strong analytical and numerical skills.
  • Process-driven mindset with attention to accuracy.
  • Ability to identify cost leakages and improvement areas.

Behavioral :

  • Team player with cross-functional coordination ability.
  • Proactive and deadline-oriented.
  • Clear communicator with a structured reporting style.
  • 7. Key Performance Indicators (KPIs) :

    KPI Area

    Performance Indicator

    Measurement / Target

    Cost Sheet Accuracy

    Timely and accurate preparation of SKU-wise cost sheets

    100% accuracy within defined timelines

    Variance Analysis

    Monthly standard vs. actual variance reporting

    Material Usage Efficiency

    Monitoring and controlling RM / PM consumption

    Reduction in wastage by defined % YoY

    Yield & Shrinkage Control

    Analysis and tracking of yield data

    Improvement in yield ratio vs. prior quarter

    Reporting & MIS Timeliness

    Submission of monthly cost MIS reports

    Within 5th working day of next month

    Cross-Functional Support

    Responsiveness and collaboration with production, QA, and procurement

    Positive feedback / task closure rate

    8. Reporting Relationships :

  • Reports To :  Accounts Head
  • Internal Coordination :  Production, QA / QC, Procurement, Supply Chain
  • External Coordination :  Auditors, ERP Support, Vendors (as required)
  • 9. Career Progression Path :

  • Next Level :  Sr. Cost Accountant / Assistant Manager – Costing
  • Long-Term Growth :  Finance Manager / Plant Controller
  • 10. Work Environment :

  • Based at Pagariya Food Products Pvt. Ltd., Harohalli Plant
  • Requires coordination between finance and production teams.
  • May involve extended hours during monthly closings or audits.
  • Requirements

    2. Key Deliverables / Responsibilities :

  • Prepare and update SKU-wise product cost sheets  (RM, PM, labour, overheads).
  • Track and analyze material consumption vs. standard norms .
  • Conduct batch-level and recipe costing  for production runs.
  • Monitor wastage, yield, and shrinkage  across processing stages.
  • Perform standard vs. actual cost variance analysis  and recommend corrective measures.
  • Support product pricing, margin analysis, and profitability tracking .
  • Work with Production, QA, Procurement, and Supply Chain  for process and cost optimization.
  • Prepare and present costing MIS reports  to management on a periodic basis.
  • 3. Educational Qualification :

  • M.Com / MBA (Finance)  or CMA / CA Inter (Preferred)
  • Additional certifications in cost management or ERP systems will be an advantage.
  • 4. Professional Experience :

  • 2–5 years  of experience in cost accounting, manufacturing finance, or cost control .
  • Prior exposure to food processing / FMCG / manufacturing industry  preferred.
  • Experience handling BOM analysis, yield tracking, and high-SKU costing environments .
  • 5. Technical Skills :

  • Advanced Excel Skills  – Pivot tables, formulas, VLOOKUP, macros.
  • ERP Systems  – SAP / Tally / Oracle (manufacturing costing module).
  • Knowledge of inventory valuation, BOM structure, and variance reporting .
  • Understanding of FSSAI and HACCP  standards and their cost implications.
  • Requirements

    Key Responsibilities :

  • Prepare and review customer aging reports and ensure timely collection of payments.
  • Reconcile customer ledgers and statements of accounts.
  • Coordinate with sales and commercial teams for payment follow-ups and dispute resolution.
  • Support month-end closings and audits by providing accurate aging data.
  • Maintain proper documentation and adhere to company credit policies. Qualifications & Experience :
  • Diploma or Bachelor’s Degree in Food Technology, or M.Com / B.Com.
  • Minimum 2–3 years of experience in accounts receivable or credit control, preferably in the FMCG or food industry.
  • Working knowledge of Tally / ERP systems and MS Excel. Skills : Strong communication, analytical ability, and attention to detail
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    Cost Accountant • Kanakapura, KA, in

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