1,382 Cost Accountant jobs in India

Role : Cost Accountant – SAP Implementation.

Qualification : Bachelor's degree in Accounting, Finance, along with CMA, CA, or CPA.

Work Experience : 3+ years experience

Location : Andheri, Mumbai.

Job Summary: We are seeking an experienced Cost Accountant to play a critical role in the greenfield implementation of SAP S/4HANA, specializing in cost management and finance process design. This position will be pivotal in building all costing processes and structures from the ground up, ensuring best practices and optimal configuration in a new SAP environment.

Key Responsibilities:

• Collaborate with business and IT teams during SAP S/4HANA blueprinting, fit-gap analysis, and system design workshops, focusing on the design and setup of costing-related processes, master data, and reporting.
• Oversee the migration of cost-related data from Tally, ensuring completeness, accuracy, and mapping to SAP structures. Participate in data cleansing, validation, and reconciliation activities specific to legacy-to-SAP migration.
• Lead the configuration and initial setup of product costing, cost centers, internal orders, and profitability analysis in SAP S/4HANA FICO, ensuring alignment with business goals and compliance requirements.
• Implement pre-defined costing methodologies:
• Support business planning and budgeting by preparing regular cost reports, variance analyses, and management dashboards.
• Act as the subject matter expert for cost accounting during UAT (User Acceptance Testing), system cutover, and stabilization phases, troubleshooting issues, and refining workflows.
• Conduct user training sessions to build costing and SAP proficiency in the finance team.
• Collaborate on developing automated costing, valuation, and closing processes leveraging S/4HANAs latest functionalities (including Fiori and embedded analytics).
• Participate actively in post-go-live support and continuous process optimization, capturing lessons learned to drive ongoing improvements in the new system.

Qualifications & Skills:

• Minimum 3 year’s experience in cost accounting, with a strong preference for backgrounds in manufacturing and prior involvement in SAP projects.
• Ideally, hands-on participation in at least one SAP greenfield implementation, with expertise in configuring costing components in SAP S/4HANA FICO.
• Deep understanding of cost flows in SAP (product costing, cost centers, internal orders, profitability analysis) and familiarity with SAP project implementation methodology (ASAP/Activate).
• Analytical mindset and strong communication skills, able to translate business costing needs into system design.
• Advanced MS Excel and SAP Fiori skills; exposure to SAP project documentation and training desirable.

Responsibilities

• Assist in the preparation of the annual budget
• Assist in the preparation of the quarterly estimates
• Monitor and analyze actual costs against budgeted costs
• Prepare and analyze variance reports
• Analyze and report on cost trends
• Prepare and analyze cost allocations
• Monitor and analyze labor costs and productivity
• Prepare metrics for Sr Management review

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

To submit your applications send your resume to

with cc to

You can also call on to know further

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.

About Us

Ozone Pharmaceuticals Ltd. (OPL) is one of India’s fastest-growing pharmaceutical companies with a strong presence in domestic and international markets. With over 2,400 employees across corporate offices, field teams, factories, and labs, we believe “People are our greatest asset.” Recognized as an Incredible Place to Work , OPL fosters a culture of trust, growth, innovation, and transparency.

Role Overview

We are seeking an experienced and strategic Cost & Management Accountant (CMA) with 5–10 years of proven expertise in cost management, budgeting, financial planning, and compliance. This role is critical in driving cost efficiency, ensuring profitability, and supporting decision-making at both operational and strategic levels.

Key Responsibilities

Costing & Analysis

• Prepare product-wise profitability analysis and gross margin reports.
• Develop monthly cost sheets, standard costing, and inventory valuations (raw material, packing material, semi-finished, and finished goods).
• Analyze manufacturing costs and compare actual costs with standard costs.
• Collect and analyze historical cost data for budgeting and forecasting.

Financial Reporting & MIS

• Manage monthly, quarterly, half-yearly, and annual financial closing processes.
• Prepare and analyze MIS reports for management decision-making.
• Ensure accurate reconciliations of accounts, journal entries, and balance sheets.
• Coordinate with auditors (internal & statutory) and handle audit queries.

Audit & Compliance

• Prepare cost audit reports as per the Cost Audit Report Rule, 2011 .
• Maintain cost records and ensure adherence to Cost Accounting Standards.
• Present a fair and true financial view of the company in compliance with regulatory requirements.

Coordination & Support

• Work closely with cross-functional teams to gather cost data.
• Support management in planning, organizing, and scheduling project costs.
• Interact with auditors, vendors, subcontractors, and team members for financial accuracy.
• Assist in treasury management, payroll, accounts payable, and receivable functions.

Process Improvement

• Evaluate financial data to improve accuracy and completeness.
• Recommend cost control measures and support performance improvement initiatives.
• Provide insights on turnover, profitability, and expenditure to management.

Qualifications & Skills

• CMA / ICWA qualified (or equivalent).
• 5-10 years of experience in costing, accounting, audit, and financial reporting .
• Strong knowledge of Cost Accounting Standards and Cost Audit requirements.
• Proficiency in financial software, SAP/ERP systems, and MS Excel.
• Excellent analytical, problem-solving, and communication skills.
• Ability to handle multiple priorities and meet strict deadlines.

Applicants can directly apply through:

Head Office- Nagarjuna Circle, Hyderabad, Telangana, India

Department

Consulting

Job posted on

Sep 22, 2025

Employment type

Permanent

Position Title: Cost Accountant

Department: Finance

Location: Hyderabad

Reports to: COO/CEO

Job Type: Full-time

About Y-Axis

At Y-Axis, our mission is to empower individuals to become Global Indians—ready to thrive and make an impact on the world stage. As the world's leading overseas career, immigration, and Visa Company, we guide clients through their international journeys. With 50+ offices across India, Australia, the UAE, the UK, and Canada, and a dedicated team of 1600+ professionals, we have helped over 1 million clients achieve their global aspirations.

About the Role

We are looking for a Cost Accountant who will play a critical role in driving business efficiency through data analysis, cost insights, and accurate reporting. This role goes beyond managing accounts—it is about connecting financial data to business outcomes and enabling leaders to act with confidence.

Job Description / Roles and Responsibilities

• Provide actionable insights: Deliver timely reports on expenses, revenues, and profit margins that guide business and operational decisions.

• Analyse and optimize: Conduct cost audits, variance analysis, and inventory reviews to identify cost drivers and areas for improvement.

• Enable smarter planning: Prepare daily, weekly, and monthly costing reports, along with quarterly forecasts for management review.

• Allocation of Common Costs: Develop plans for allocation of common costs.

• Branch-wise / Product-wise Reports: Prepare and submit branch-wise and product-wise reports with allocation of costs.

• Strengthen financial discipline: Ensure accuracy in accounting, compliance with principles, and support month-end closing activities.

• Support efficiency: Partner with Business, Finance, and Procurement teams to recommend cost-effective solutions and enhance processes.

• Build expertise: Develop a deep understanding of cost structures and processes to help the business achieve sustainable growth.

What We're Looking For

• Experience: 5+ years in cost accounting, cost analysis, or a similar role.

• Qualifications: CA, CMA, Inter-CA/CMA or relevant expertise.

• Business Acumen: Strong experience partnering with cross-functional teams.

• Analytical Skills: Ability to interpret numbers, highlight insights, and support decision-making.

• Communication: Clear and structured in presenting data to management.

• Work Style: Detail-oriented, independent, and proactive.

Application Process

• Submit your application online and upload your updated resume and cover letter.

• Send your resume and cover letter to rajeshkumar.- call/ WhatsApp

• Shortlisted candidates will be contacted for a preliminary phone interview.

• Selected candidates will be invited for an in-person interview and an assessment.

• The final round will be with the Senior Manager of the department.

• Successful candidates will receive an offer letter with onboarding details.

Join Y-Axis and Transform Lives

Apply Now

Y-Axis | Creating Global Indians | Creating Global Citizens

Note:

This is a 6-Day Work Week Schedule (Monday to Saturday) with 9 AM to 5 PM Shift

Role & responsibilities:

Organization: Hinduja Hospitals - Khar Unit (Part of Hinduja Group)

Reports to: Head - Finance

• Prepare and maintain accurate cost records and statements for hospital operations.
• Conduct cost analysis for various departments to identify cost-saving opportunities.
• Develop and monitor costing systems to ensure accurate allocation of costs.
• Analyze trends in material, labor, overhead, and other hospital-related costs.
• Support budgeting and forecasting processes with relevant costing data.
• Evaluate and manage capital expenditures (CAPEX) proposals and ensure compliance with financial controls.
• Collaborate with procurement, operations, and administration teams to streamline cost-related processes.
• Ensure adherence to statutory requirements, audit norms, and internal policies.
• Provide costing reports and financial insights to the Head - Finance for strategic planning.
• Assist in the preparation of monthly MIS reports related to costing and CAPEX.
• Recommend improvements in cost control and accounting practices.

Job Requirements:

• Must be a qualified Cost Accountant (ICWA).
• Minimum 2 years of post-qualification experience in Cost Accounting; healthcare/hospital sector experience is preferred but not mandatory.
• Sound knowledge of cost accounting principles, budgeting, and CAPEX handling.
• Proficiency in ERP systems and advanced Excel.
• Strong analytical, problem-solving, and communication skills.
• Ability to work independently and collaboratively in a cross-functional environment.

Hiring Cost Accountant Inventory to manage inventory accounting, cost analysis, stock reconciliation, and reporting. Ensure accuracy of inventory records, control stock variances, and support finance and operations teams in cost management.

Required Candidate profile

Graduate/CA/Commerce with 2–5 years' experience in inventory accounting, cost analysis, stock reconciliation, and reporting. Strong analytical, Excel, and accounting skills required

Role & responsibilities:

1. Product Costing & Analysis

• Calculate total cost of each product SKU-wise and location-wise, considering all direct and indirect expenses.
• Conduct cost analysis for changes in products and new product launch.
• Perform standard and activity-based costing; analyze and compare standard vs. actual costs.
• Investigate cost variances and provide actionable insights.

2. Financial Reporting & MIS

• Assist in month-end, quarter-end, and year-end closing activities related to COGS and inventory valuation.
• Prepare cost reports, financial summaries, and variance analysis (monthly, quarterly, annually).
• Support management with accurate cost data for decision-making and strategic planning.

3. Budgeting & Forecasting

• Develop and manage annual budgets, business plans, and monthly/quarterly forecasts.
• Track and analyse actual vs. budgeted costs across business segments, departments, and geographies.
• Provide insights on future budget needs and support financial planning initiatives.

4. Inventory & ERP Management

• Maintain cost accounting systems in ERP with updated product cost data.
• Conduct inventory valuation, stock reconciliations, and physical inventory verification.
• Monitor inventory transactions and perform cost audits to ensure data accuracy.

5. Strategic Support & Cost Optimization

• Identify cost rationalization opportunities and recommend cost-effective solutions.
• Support pricing strategy decisions by providing product-level and customer-level cost analysis.
• Collaborate with cross-functional teams to streamline processes and improve cost efficiency.
• Advise on procurement strategies to control material and production costs.

6. Compliance & Controls

• Ensure compliance with internal policies, accounting principles, and cost accounting standards.
• Develop internal controls for inventory and cost accounting systems.
• Review and verify cost management calculations for projects and capital expenditures.

Preferred candidate profile

• Excellent analytical and problem-solving skills.
• Strong knowledge of cost accounting principles and financial reporting.
• Proven experience in product costing, margin analysis, and variance analysis.
• Advanced proficiency in Excel and MIS reporting tools.
• Hands-on experience with ERP systems such as SAP, Oracle, or Tally.
• Strong attention to detail; ability to meet tight deadlines.
• Effective communication and cross-functional collaboration skills.

Perks and benefits

Mediclaim for Self & Family

**Only CMA-certified candidates will be considered.