Role & Costing & Standard Costing :
- Maintain and update standard cost in SAP S / 4HANA.
- Analyze cost changes and their impact on product profitability.
- Work closely with production and engineering teams for cost estimation and control.
2. Inventory & Material Ledger Management :
Perform monthly inventory valuations using Material Ledger in SAP S / 4HANA.Reconcile physical and system inventory and ensure proper costing of goods issued / received.Ensure accurate BOM and routing data for costing purposes.3. Cost Control & Variance Analysis :
Monitor production costs and perform detailed variance analysis (standard vs actual).Identify cost-saving opportunities and work with departments to implement them.Track and report cost drivers and trends using SAP reporting tools.4. Budgeting & Forecasting :
Support preparation of cost-related components of the annual budget.Use SAP tools to forecast cost trends and support business planning.Provide cost simulations for new or modified products.5. Audit & Compliance :
Prepare schedules and documentation for internal and external audits.Ensure adherence to ICWA / CMA standards, company policies, and statutory requirements.Preferred candidate profile
We are seeking a qualified and experienced Cost Accountant with expertise in SAP S / 4HANA to join our finance team. The ideal candidate should have a minimum of 5 years experience in cost accounting within a manufacturing company or any process manufacturing industry. This role involves handling product costing, cost control, variance analysis, and inventory valuation using SAP S / 4HANA. Strong analytical skills and cross-functional collaboration are essential.
(ref : iimjobs.com)