693 Cost Accountant jobs in India

Cost Accountant – Shivji Valji Group

Job Title

Cost Accountant

About the Role

We are seeking a Cost Accountant to work across the group’s diverse verticals to help establish robust costing systems, project margin tracking, and financial reporting frameworks. This is a foundational finance role that supports leadership in pricing, profitability analysis, and ERP readiness.

Responsibilities

• Build and maintain job-wise and vertical-wise cost sheets
• Track material, labor, transport, and overheads per project
• Allocate shared costs across business verticals
• Create standard cost templates and monitor budget vs. actual
• Coordinate with operations and logistics to validate cost data
• Support ERP implementation for costing modules
• Prepare monthly cost reports for leadership

Qualifications

• CMA (Cost & Management Accountant) preferred
• 3–6 years in cost accounting, preferably in infra, construction, or rentals
• ERP exposure (Tally Prime) is a plus

Required Skills

• Strong grasp of cost accounting principles
• Experience in project-based or rental-driven businesses
• Advanced Excel and cost reporting skills
• Understanding of logistics, inventory, and shared cost allocation
• Hands-on, self-starter with systems-building mindset

Preferred Skills

• Proactive margin tracking and loss prevention
• Systemized reports aligned to ERP structure
• Clear, actionable monthly insights for leadership

Pay range and compensation package

Location: Mumbai (Dadar)

Employment Type: Full-Time

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About Shivji Valji Group

Shivji Valji Group is a 115+ year old legacy organization and a market leader in weather protection and modular infrastructure solutions in India. With services spanning tarpaulin sales, rental-based raw material covering, modular steel structure rentals, and temporary sheds, we are now scaling through systemization, innovation, and strategic hiring.

Equal Opportunity Statement

We are committed to diversity and inclusivity in our hiring practices.

Job Title: Cost Accountant

Location: Pithampur, Indore, MP (On-Site)

Industry Domain: Manufacturing/Production

Must Haves:

• Experience-2-6 Years
• Product Costing (Calculation of Cost Per Unit)
• Preparation of Cost Sheet
• Annual Budgeting & Budget Deployment
• Budget Vs Actual Expenses Variance Report Cost Center Wise (Monthly basis)
• Assist in Finalization of Accounts
• Preparation of Monthly Stock Report & Valuation of Inventory
• Maintenance of Cost Record as per Cost Audit
• Preparation of Various Report (Stock Ageing, Receivable & Payable)
• Assistance in Monthly / Yearly Closure of Books of Accounts from costing point of view.
• Support Internal Audit/Tax Audit/Concurrent Audit /Statutory Audit relating to cost records.
• Qualifications and Education Requirements- CMA/ICWA
• Experience of “NetSuite” Software will be preferred

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, manage product master data, and support manufacturing costing functions in SAP S/4HANA.

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Key Responsibilities:

1. Cost Accounting Responsibilities:

· Execute and validate Standard Costing Runs in SAP S/4HANA.

· Support in Production Order Settlements and monthly closing processes.

· Assist in cost estimate updates and variance analysis.

· Collaborate with manufacturing and finance teams to resolve cost-related discrepancies.

2. Master Data Management (MDM):

· Create and modify Material Masters in SAP S/4HANA.

· Manage and maintain Bill of Materials (BOMs), Routings, Work Centers, and Production Versions.

· Ensure accuracy, completeness, and compliance of all master data with internal standards.

· Work closely with cross-functional teams (Production, SCM, Quality, etc.) to gather data inputs for

MDM processes.

3. System and Process Support:

· Support MDM governance and continuous improvement initiatives.

· Participate in audits, internal reviews, and process documentation related to costing and master data.

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Available Job role: Cost Accountant

Job location: Greater Noida

Kimbal is at the forefront of building a smarter and cleaner energy future. We enable utilities to modernize and scale through cutting-edge smart metering, RF-based connectivity, cloud-native platforms, and advanced energy management solutions. As the energy landscape evolves rapidly, we empower our partners to future-proof their networks with unmatched reliability, agility, and intelligence.

In a fast-paced and innovation-driven environment, we design and deliver solutions that address urgent industry needs while shaping long-term transformation. Our vision is to create resilient, affordable, and adaptable power grids that thrive in complex energy ecosystems—driving meaningful progress toward carbon neutrality and sustainable growth.

Kimbal Private Limited (formerly Crystal) is the fastest-rising Indian energy-tech enterprise, building tools to modernize the distribution grid since 2011.

Cultural elements we are looking for:

• Agility advocate
• Tech driven curiosity & mind bend
• Scaling unlearning to learning & reverse in a swift pace.
• Problem - solver attitude
• High on individual ownership & accountability
• Team player and champion collaborator.

Role Description

We are looking for a Cost Accountant who will play a pivotal role in managing and optimizing our cost structures. The role involves analysing production costs, preparing cost statements, maintaining cost records, and supporting management with data-driven insights for pricing and profitability decisions. The ideal candidate has strong analytical acumen, manufacturing cost experience, and a keen eye for process efficiency.

Key Responsibilities

• Prepare and maintain cost sheets, variance analysis, and product-wise profitability reports.
• Analyse manufacturing costs, material consumption, labour, and overheads to identify areas of cost optimization.
• Ensure accurate inventory valuation, standard costing, and work-in-progress (WIP) reporting.
• Support budgeting and forecasting processes with cost data and insights.
• Conduct cost audits, reconcile cost accounts with financial accounts, and ensure compliance with statutory requirements.
• Collaborate with procurement, production, and finance teams to establish and monitor cost control mechanisms.
• Support management in pricing decisions, make-or-buy analysis, and CAPEX evaluation.

Current Focus & Challenges

• Ensuring cost accuracy and transparency across multiple product lines and manufacturing locations.
• Managing volatile raw material prices while maintaining cost competitiveness and profitability.
• Balancing cost control initiatives with the need to support production efficiency and innovation.
• Aligning data from procurement, production, and finance systems to maintain consistency and reliability in reporting.
• Driving process discipline in cost capture, allocation, and analysis across departments.
• Navigating tight reporting timelines and responding quickly to management’s cost and profitability queries.

Job Requirements

Qualifications

• CMA (Cost & Management Accountant) qualified preferred.
• 2–6 years of experience in costing and management accounting in a manufacturing or energy/technology setup.
• Strong working knowledge of cost accounting standards, ERP systems (SAP, Oracle, or similar), and MS Excel.
• Strong analytical and numerical skills.
• Detail-oriented with a structured approach to problem-solving.
• Ability to interpret financial data and communicate insights clearly.
• Collaborative mindset with cross-functional working ability.
• Integrity, accuracy, and accountability in financial reporting.

Apply Now!

Dear Candidates,

Greetings from Infinity Career Connect!

We are hiring Cost Accountant for a reputed organization leading in FMCG industry.

Job Summary: We are seeking a proactive and detail-oriented Cost Accountant to join our team, focusing on cost reduction initiatives. The ideal candidate will have min 2-4 years of experience in Cost Reduction Area and will support the organization's efforts to optimize costs, improve efficiency, and enhance profitability through thorough analysis, strategic planning, and implementation of cost-saving measures.

We prefer candidate from Manufacturing industry experience only.

Key Responsibilities :

• Analyze existing cost structures, including direct and indirect costs, to identify areas for improvement and cost reduction opportunities.

• Collaborate with cross-functional teams, including operations, procurement, and finance, to gather data, assess cost drivers, and develop cost reduction strategies.

• Conduct cost analysis and variance analysis to track performance against budgeted costs and identify areas of overspending or inefficiency.

• Assist in the development and implementation of cost reduction initiatives, including process improvements, supplier negotiations, and resource optimization efforts.

• Prepare cost models and financial projections to evaluate the potential impact of proposed cost reduction initiatives on the organization's financial performance.

• Monitor and report on the progress of cost reduction projects, including tracking savings achieved, identifying obstacles or challenges, and recommending adjustments as needed.

• Provide support in the preparation of cost reports, presentations, and business cases to communicate findings, recommendations, and ROI analysis to management and key stakeholders. • Stay update of industry trends, best practices, and emerging technologies related to cost management and cost reduction strategies.

• Collaborate with internal audit and compliance teams to ensure adherence to internal controls, policies, and regulatory requirements in cost reduction activities.

Qualifications & Experience:-

Candidate with ICWA degree. Candidate should have 2-4 years of experience in cost reduction, budgeting, & related areas of Cost Accounting & Financial Analysis from FMCG industry.

Interested candidates please share updated resumes to

• Analyze and report on product costs, manufacturing expenses, and variances.
• Develop and maintain cost accounting systems and methodologies.
• Assist in the preparation of budgets and forecasts related to production and operational costs.
• Perform inventory valuation and reconciliation, ensuring accuracy of stock costs.
• Collaborate with production and engineering teams to understand cost drivers and identify areas for cost reduction.
• Prepare management reports on cost performance, profitability, and efficiency.
• Support internal and external audits by providing cost-related data and documentation.
• Ensure compliance with accounting standards and regulatory requirements.
• Participate in the development and implementation of new costing procedures.
• Analyze overhead rates and allocation methods.
• Track and report on key cost metrics and KPIs.

• Bachelor's degree in Accounting, Finance, or a related field. Professional certifications like CMA are advantageous.
• Minimum of 3-5 years of experience in cost accounting, preferably within a manufacturing environment.
• Strong knowledge of cost accounting principles, methods, and systems.
• Proficiency in accounting software and advanced Excel skills.
• Experience with ERP systems is highly desirable.
• Excellent analytical, problem-solving, and attention-to-detail skills.
• Strong communication and interpersonal abilities.
• Ability to work effectively both independently and as part of a team.
• Familiarity with standard costing and activity-based costing methods.
• Comfortable working in a hybrid model, splitting time between the **Dehradun, Uttarakhand, IN** office and remote work.