Talent.com
No longer accepting applications
Urgent : Cost Manager

Urgent : Cost Manager

ideaForgePune, Maharashtra, India
18 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

    Cost Manager • Pune, Maharashtra, India

    Related jobs
    • Promoted
    Senior Cost Optimization Engineer

    Senior Cost Optimization Engineer

    NorthStar HR ConsultantsPune, Maharashtra, India
    Are you passionate about technology and excited by the challenge of turning complex cloud billing data into strategic cost savings? Do you thrive on solving puzzles with AWS and Azure platforms whi...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    ▷ [Immediate Start] Cost Accountant

    ▷ [Immediate Start] Cost Accountant

    Minilec India Private LimitedPune, Maharashtra, India
    Requirements and Qualifications : - BCom / MCom, ICWA / MBA – Finance with Min Exp : 10 to 15 years.Previous experience in costing, financial analysis, or related roles within the manufacturing indu...Show moreLast updated: 2 hours ago
    • Promoted
    • New!
    Cost Accountant [01 / 11 / 2025]

    Cost Accountant [01 / 11 / 2025]

    The Sleep CompanyPune, Maharashtra, India
    Job Purpose : We are looking for a Cost Accountant (CMA) who has practical exposure to SAP S / 4HANA and master data management. The candidate will assist in cost planning and analysis activities, man...Show moreLast updated: 6 hours ago
    • Promoted
    Team leader - Collections

    Team leader - Collections

    Selections HR Services Private LimitedPune, Maharashtra, India
    We are looking for an experienced.UK Collections team within a fast-paced BPS environment.The ideal candidate will have a strong background in. Team Leadership & People Management.Lead, coach, and m...Show moreLast updated: 16 days ago
    • Promoted
    • New!
    Deputy Manager / Manager - Costing [Chakan]

    Deputy Manager / Manager - Costing [Chakan]

    Mahindra Risechakan, India
    Mahindra & Mahindra Ltd Responsibilities & Key Deliverables 1.Expert in the area of Product / Standard Costing system2.Reconciliation of Material contribution3. Model cost rollup, analysis and varia...Show moreLast updated: 18 hours ago
    • Promoted
    Kogta Financial - Zonal Collection Manager - MSME

    Kogta Financial - Zonal Collection Manager - MSME

    Kogta Finance LimitedPune, India
    Job Description : - Develop processes & procedures to control delinquencies & NPAs.Build and develop measurement standards to improve performance and operational effecti...Show moreLast updated: 18 days ago
    • Promoted
    Senior Team Lead - Cloud & Infrastructure Engineering

    Senior Team Lead - Cloud & Infrastructure Engineering

    Growel Softech Pvt. Ltd.Mulshi
    Description : About the Role : Were seeking an experienced Sr.Team Lead Cloud & Infrastructure Engineer to design, implement, and manage sca...Show moreLast updated: 2 days ago
    • Promoted
    • New!
    ▷ Urgent : Cost Accountant

    ▷ Urgent : Cost Accountant

    Minilec India Private LimitedPune, Maharashtra, India
    Requirements and Qualifications : - BCom / MCom, ICWA / MBA – Finance with Min Exp : 10 to 15 years.Previous experience in costing, financial analysis, or related roles within the manufacturing indu...Show moreLast updated: 6 hours 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: 30+ days ago
    • Promoted
    • New!
    Senior Manager (L5) - Cost Engineer - Electrical Prop

    Senior Manager (L5) - Cost Engineer - Electrical Prop

    Tata Motorspune, India
    Position Summary with Job Responsibilities.Position Name Cost Engineer – Proprietary Electrical Position level Level 5.DEM position name Lead Cost Engineering DEM position level Level 4.FEM positio...Show moreLast updated: 18 hours ago
    • Promoted
    Hydraulic Fixture Designer

    Hydraulic Fixture Designer

    JK Precision and ToolsPimpri Chinchwad, Maharashtra, India
    JK Precision & Tools is a rapidly growing engineering and manufacturing company that provides complete solutions under one roof, including high-precision CNC machining, fixture and workholding manu...Show moreLast updated: 4 days ago
    • Promoted
    • New!
    ▷ [Immediate Start] Cost Manager

    ▷ [Immediate Start] Cost Manager

    ideaForgePune, Maharashtra, India
    Job Description : Cost & Management Accountant.Position Title : Manager – Costing.Experience Required : 5–8 years (Manufacturing Industry experience mandatory). We are seeking a highly skilled and deta...Show moreLast updated: 7 hours ago
    • Promoted
    Lead DevOps Engineer

    Lead DevOps Engineer

    OllionPune / Pimpri-Chinchwad Area, India
    Let’s be honest : there are lots of people out there doing what we do.We’re just not convinced they’re doing it right.Businesses are hungry for innovation and opportunity, but not at the cost of the...Show moreLast updated: 17 days ago
    • Promoted
    • New!
    Cognizant - Program Manager - Operational Excellence & Cost Optimization

    Cognizant - Program Manager - Operational Excellence & Cost Optimization

    Cognizant Technology Solutions India Pvt LtdPune, India
    Position Summary : The role holder is a key member of the Global Operations team and will work closely with FP&A, Delivery and HR to plan and drive execution of co...Show moreLast updated: 11 hours ago
    • Promoted
    ▷ Urgent Search! Cost Manager

    ▷ Urgent Search! Cost Manager

    ideaForgePune, Maharashtra, India
    Job Description Job Description : Cost & Management Accountant Position Title : Manager – Costing Department : Finance Location : Plant (Mahape) Reports to : Director Finance Experience Required : ...Show moreLast updated: 9 days ago
    • Promoted
    Cost Accountant

    Cost Accountant

    Minilec India Private LimitedPune, Maharashtra, India
    Requirements and Qualifications : BCom / MCom, ICWA / MBA – Finance with Min Exp : 10 to 15 years.Previous experience in costing, financial analysis, or related roles within the manufacturing industr...Show moreLast updated: 6 days ago
    • Promoted
    Manager

    Manager

    BristleconePune, IN
    We're Hiring : Business Process Lead – Logistics & Warehousing | SAP S / 4 Transformation.Bristlecone, a Mahindra company, is a leading supply chain and business analytics advisor, rated by Gartner as...Show moreLast updated: 16 days ago
    • Promoted
    Oracle AGIS Implementation Specialist

    Oracle AGIS Implementation Specialist

    Jade GlobalPune,Hyderabad
    Role Overview : We are seeking an experienced Oracle Finance techno-functional consultant to lead the implementation of Oracle Advanced Global Intercompany Sy...Show moreLast updated: 30+ days ago