Talent.com
No longer accepting applications
Cost Manager (3 Days Left)

Cost Manager (3 Days Left)

ideaForgeIndia
6 days 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 • India

    Related jobs
    • Promoted
    Technical Project Manager (Kochi) (10+yrs)

    Technical Project Manager (Kochi) (10+yrs)

    QubryxNagpur, IN
    Job Title : Technical Project Manager.We’re hiring a Technical Project Manager who codes, architects, or builds.This is not a passive coordination role. We need someone who can design solutions, writ...Show moreLast updated: 13 days ago
    • Promoted
    Technical Services Manager

    Technical Services Manager

    GenScriptNagpur, IN
    Coordinate accountteam to drive business growth by strengthening the service levelto customer.Develop technical solution / innovation for regionalkey account and distributors to address customer need...Show moreLast updated: 24 days ago
    • Promoted
    Agile Project Manager

    Agile Project Manager

    Webmap NetworkNagpur, IN
    Webmap is the no-code way to supercharge your website with AI, boosting engagement and revenue without complexity.We enable businesses to enhance their online presence with ease and efficiency, ens...Show moreLast updated: 12 days ago
    • Promoted
    • New!
    Cost Manager (Only 24h Left)

    Cost Manager (Only 24h Left)

    ideaForgeNagpur, 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: 3 hours ago
    • Promoted
    Bid Manager

    Bid Manager

    CapgeminiNagpur, IN
    BID Management of enterprise scale solutions.Proven experience in defining offer scope; goals and deliverables that support business goals in collaboration with senior management and stakeholders.A...Show moreLast updated: 12 days ago
    • Promoted
    Cost Manager - Manufacturing / Production Firm - CA / ICWA

    Cost Manager - Manufacturing / Production Firm - CA / ICWA

    Leading Digital company, India
    Key Management & Analysis : - Oversee the cost accounting function to ensure accurate calculation of product costs, manufacturing overheads, and cost of ...Show moreLast updated: 30+ days ago
    • Promoted
    3 Days Left : Manager, Automation (ISSC)

    3 Days Left : Manager, Automation (ISSC)

    Anglo-EasternNagpur, Maharashtra, India
    The Automation Manager will lead the creation and scaling of ISSC’s automation capability, delivering cost-effective, sustainable solutions that drive operational efficiency, productivity, and serv...Show moreLast updated: 7 days ago
    • Promoted
    Operations Manager

    Operations Manager

    EmbergritNagpur, IN
    Founding D2C Operator (Operations & Automation).We are Embergrit, a new D2C brand on a mission to build the next iconic men's grooming brand in America. Our philosophy is "Quiet Confidence" , a blen...Show moreLast updated: 10 days ago
    • Promoted
    Associate Solutions Manager

    Associate Solutions Manager

    ElucidataNagpur, IN
    Delhi / Bangalore (3 days in office).Elucidata is a TechBio Company headquartered in San Francisco.Our mission is to unleash personalized medicine using AI and multi-omics, multimodal data.Elucidata’...Show moreLast updated: 13 days ago
    • Promoted
    Operations Manager

    Operations Manager

    theprintspaceNagpur, IN
    We are seeking a dynamic candidate with experience in industries such as logistics, manufacturing, or e-commerce.Theprintspace is a global leader in social commerce for the art community.We provide...Show moreLast updated: 3 days ago
    • Promoted
    Technical Project Manager

    Technical Project Manager

    RoroNagpur, IN
    Roro is a product innovation studio specializing in rapid product development powered by AI tools.We build AI, IoT, mobile, and web solutions quickly and affordably. Our small team collaborates on p...Show moreLast updated: 24 days ago
    • Promoted
    Business Risk Manager (Savings)

    Business Risk Manager (Savings)

    RevolutNagpur, IN
    People deserve more from their money.More visibility, more control, and more freedom.Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, ...Show moreLast updated: 12 days ago
    • Promoted
    Operations Manager

    Operations Manager

    MAHTONagpur, IN
    MAHTO is a platform that connects contractors and homeowners with skilled blue-collar workers, primarily from the home building industry, and makes it easier for homeowners to find and hire constru...Show moreLast updated: 2 days ago
    • Promoted
    Technical Solution Manager

    Technical Solution Manager

    Neurones IT AsiaNagpur, IN
    The position includes the following key responsibilities : .Orchestrating delivery across multiple development teams, working for múltiple geographies. Promoting alignment between Product and Tech tea...Show moreLast updated: 30+ days ago
    • Promoted
    DevOps Manager

    DevOps Manager

    Neurones IT AsiaNagpur, IN
    Your job scope is as follows : –.Proposing and implementing advanced cloud architectures, in continuous alignment with key cloud providers, such as AWS and Google. Building and setting up new developm...Show moreLast updated: 1 day ago
    • Promoted
    Audit Manager- Healthcare

    Audit Manager- Healthcare

    Citrin Cooperman India LLPNagpur, IN
    Job Title : A&A Manager (Assisted Living / Nursing Home / Healthcare).Citrin Cooperman is one of the largest accounting and consulting firms in the United States, and 4th among mid-Atlantic firms, with ...Show moreLast updated: 7 days ago
    • Promoted
    DevOps Manager

    DevOps Manager

    Unified InfotechNagpur, IN
    We are seeking a highly skilled and motivated.AWS and Azure cloud platforms to join our dynamic team.The successful candidate will collaborate with solution architects, developers, project managers...Show moreLast updated: 13 days ago
    • Promoted
    Manager

    Manager

    BristleconeNagpur, 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: 12 days ago
    • Promoted
    Business Risk Manager (Technology)

    Business Risk Manager (Technology)

    RevolutNagpur, IN
    People deserve more from their money.More visibility, more control, and more freedom.Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, ...Show moreLast updated: 30+ days ago
    • Promoted
    Outsourcing Manager

    Outsourcing Manager

    RevolutNagpur, IN
    People deserve more from their money.More visibility, more control, and more freedom.Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, ...Show moreLast updated: 10 days ago