A cost accountant is a financial specialist who determines the actual costs associated with providing a service or manufacturing a product. They accomplish this by scrutinizing all of the associated expenses within the supply chain. The purpose of cost accounting is for profitability analysis and budget preparation. The financial data supplied by cost accountants help executives identify which products, services, processes or departments are least and most profitable.
The cost accountant position is accountable for the ongoing analysis of process constraints, target costing projects, margin analysis, and tracing costs back to underlying activities. The cost accountant must also construct and monitor those cost-effective data accumulation systems needed to provide an appropriate level of costing information to management.
Job duties for Cost Accountant Jobs:
Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor.
Analyzing data collected and recording results
Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
Recording cost information for use in controlling expenditures
Analyzing audits of costs and preparing reports
Making estimates of new and proposed product costs
Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
Maintaining Cost Accounting System
Assisting in Month end close of the General Ledger
Conducts physical inventories and monitors cycle count program
Reconciles finished goods inventories
Job Description
Cost Estimation Calculation of WorkCentre cost and updation of the same on periodic interval
Work order monitoring and consumption reporting
Analyse material and labour variances monthly and investigate large or unusual items
Prepares payments by verifying documentation, and requesting disbursements.
Accomplishes the result by performing the duty.
Contributes to team effort by accomplishing related results as needed.
Documents financial transactions by entering account information.
Recommends financial actions by analyzing accounting options.
Salary: Not Disclosed by Recruiter
Industry:Iron and Steel
Functional Area:Accounts , Finance , Tax , Company Secretary , Audit
Role Category:Accounts
Role:Cost Accountant
Employment Type: Permanent Job, Full Time
Desired Candidate Profile
Good knowledge in cost sheet preparations, product costing and all related work on costing.
Education-
UG: Any Graduate - Any Specialization
PG:ICWA (CMA)
Job Description
Evaluation of capital expenditure/plant capacities/fixed assets/investments
Continuous review of all operational policies and to amend them for meeting the changing business need.
Costing and exceptional analysis and involving in decision making
Prepare the voucher as per payment certificate for approved bills and share the same with Assistant Manager
Salary: Not Disclosed by Recruiter
Industry:Construction / Engineering / Cement / Metals
Functional Area:Accounts , Finance , Tax , Company Secretary , Audit
Role Category:Accounts
Role:Cost Accountant
Employment Type: Permanent Job, Full Time
Desired Candidate Profile
Please refer to the Job description above
Education-
UG: Any Graduate - Any Specialization
PG:ICWA (CMA)
Doctorate:Doctorate Not Required
Job Description
We are hiring Cost Accountant Fresher
Experience in handling Cost Audit
statutory formalities such as CS4
Coordination with Statutory auditor
Project cost evaluation
Monitoring cost reduction activities and reporting
Salary: Not Disclosed by Recruiter
Industry:Automobile / Auto Anciliary / Auto Components
Functional Area:Accounts , Finance , Tax , Company Secretary , Audit
Role Category:Accounts
Role:Cost Accountant
Employment Type: Permanent Job, Full Time
Desired Candidate Profile
Please refer to the Job description above
Education-
UG: B.Com
PG:CA
Job Description
To prepare price proposals based on overall product cost, benchmark and target price.
Identification of Cost Reduction/Profit improvement area via Target costing.
To set up Process cost model for Part level costing for in house and Vendor.
Handling bank accounting and bank reconciliations
Respond to BU contacts/customers directly and to deliver error free process
Building supportive relationships with peers and colleagues
Participate in Special projects to drive efficiency
Accomplishes the result by performing the duty.
Contributes to team effort by accomplishing related results as needed.
Salary: Not Disclosed by Recruiter
Industry:IT-Software / Software Services
Functional Area:Accounts , Finance , Tax , Company Secretary , Audit
Role Category:Accounts
Role:Cost Accountant
Employment Type: Permanent Job, Full Time
Desired Candidate Profile
Please refer to the Job description above
Education-
UG: B.Com - Commerce
PG:MBA/PGDM
Job Description
Product costing in batch plants with multiple products. Analysis on Material Consumptions and variances.
Complete Hands on knowledge in preparation and tracking of Budgets. Also preparing Plant MIS and Analytical review of operational performance.
Management Accounting, evaluating product margins, project evaluation, etc.
Experience working in SAP environment, especially in CoPA and FiCO.
Salary:Not Disclosed by Recruiter
Industry: Accounting / Finance
Functional Area: Accounts, Finance, Tax, Company Secretary, Audit
Role Category: Accounts
Role: Cost Accountant
Desired Candidate Profile
Please refer to the Job description above
Education-
UG: B.Com - Commerce
PG:ICWA (CMA)
Job Description
Preparation, implementation, monitoring & reporting of the project cost center.
Forecasting the cash flow positions related to burrowing needs and available funds from HO for cost center.
Prepare and analyze the regular financial report particularly monthly variation analysis cost center-wise.
Support the operations and sales backend team in mostly reporting and forecasting for the project for their long term planning
Regular Audit of Projects.
Salary: Not Disclosed by Recruiter
Industry:Automobile / Auto Anciliary / Auto Components
Functional Area:Accounts , Finance , Tax , Company Secretary , Audit
Role Category:Accounts
Role:Cost Accountant
Desired Candidate Profile
Please refer to the Job description above
Education-
UG: B.Com - Commerce
PG:Post Graduation Not Required