198 Cost Accounting jobs in India

• Develop, implement, and manage cost accounting systems and procedures.
• Analyze manufacturing costs, inventory valuation, and variance analysis.
• Prepare detailed cost reports, including standard costing, budget vs. actual, and profitability analysis.
• Collaborate with production and operations teams to identify cost-saving opportunities and implement efficiencies.
• Assist in the preparation of the annual budget and periodic financial forecasts.
• Ensure the accuracy and integrity of financial data related to costs and inventory.
• Reconcile inventory and cost accounts and investigate discrepancies.
• Support internal and external audits by providing necessary documentation and explanations.
• Contribute to the continuous improvement of accounting processes and systems.
• Stay updated on relevant accounting standards and regulations.

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 5 years of experience in accounting, with a significant focus on cost accounting.
• Proficiency in accounting software (e.g., SAP, Oracle) and advanced Excel skills.
• Strong understanding of cost accounting principles, methods, and best practices.
• Experience with manufacturing cost systems and inventory management.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong attention to detail and accuracy.
• Effective communication and interpersonal skills, with the ability to collaborate across departments.
• Ability to work independently and manage multiple tasks efficiently.
• Professional certification such as CMA or CA is highly preferred.

About the Company:

Accelalpha, an IBM company

We are a trusted leader in implementing, integrating, and managing Oracle Cloud Applications. As part of IBM, we leverage the combined strengths of two industry powerhouses to provide clients with cutting-edge solutions that transform their businesses.

Our commitment to employee development is reflected in our award-winning Learning & Development (L&D) team, recognized by the BEST Award. As a certified Great Place to Work for the past six years and a Fortune 100 Best Workplace, we prioritize work-life balance and a supportive, inclusive culture.

Job Title: -Oracle Cost Accounting Cloud Lead Consultant

Experience: -8 to 10 Yrs

Location : Hyderabad/ Bangalore/Pune/Kolkata/Noida/ Coimbatore/ Bhubaneswar

Job Type :-Full Time

Required Skills:

• Candidate should have minimum of 8 ~ 12 years of relevant experience of working in all Oracle Cost Accounting Cloud Products Namely - Finance Modules / SCM Modules.
• Candidate should have minimum of 5 ~ 6 years of experience of working in Oracle Cost Accounting Cloud
• Should have at least 2 ~ 3 end to end implementation experience in Oracle Cost Accounting implementations working through requirement analysis to go-live
• Should have knowledge of supporting Pre-Sales proposals
• Should have a good Cloud Solution Architecture Experience
• Should have a knowledge of common Procurement integration touchpoints in implementation scenarios
• Should be well versed in creating configuration documents, test scripts and user training documents
• Should have experience in data migration, deployment and cut-over activities
• Should have good hands-on experience in debugging/troubleshooting critical configuration issues
• Knowledge on OIC and OCI will be an added advantage
• Strong customer service orientation with excellent communication skills
• Should be flexible to work over-lapping with different time zones

Good to Have:

• Oracle Implementation Certification
• Pre-Sales experience

Benefits:

• Health Insurance
• Internet Allowance
• Group Personal Accident Insurance
• Group Term Life Insurance

About the company

Our integration with IBM amplifies our capabilities, bringing enhanced innovation, expanded resources, and a broader global reach, allowing us to solve even the most complex business challenges with greater efficiency.

Specializing in supply chain and logistics optimization, procurement processes, customer experience enhancement, and enterprise-wide financial planning, we deliver end-to-end solutions that streamline critical business operations. As a Top 20 Global Partner for Oracle, we continue to empower our clients with deep expertise and comprehensive services tailored to their unique needs.

Our management team is made up of industry experts with decades of experience in their respective fields. Many of our consultants boast an average of more than 10 years of industry experience with multiple full cycle project implementations under their belt.

EEO Statement

Accelalpha is an Equal Opportunity Employer, and we make sure to comply with all laws and regulations that protect and enhance Diversity and Inclusion. All qualified candidates will receive consideration without regard to age, race, color, nationality, religion, sexual/gender orientation, disability, or any other legally protected status.

We are committed to building diverse and inclusive teams and an equitable workplace for all our employees across the globe.

Join our Talent Community

Do not miss any opportunity to join Accelalpha. Sign up here on our Career Site and receive notifications every time we have an open role that suits your profile.

Job Description for Senior Accountant & General Ledger SME

Job Title: Senior Accountant / General Ledger SME

Position Overview: The Senior Accountant / GL Reporting Analyst will be responsible for managing key aspects of the general ledger and supporting monthly, quarterly, and annual financial close and reporting activities. This hybrid role combines core accounting functions with financial analysis and reporting. The ideal candidate will have a strong foundation in U.S. GAAP, hands-on experience with ERP systems, and the ability to analyze financial data to support strategic decision-making.

Roles and Responsibilities

1. General Ledger Accounting:

 Prepare, review, and post complex journal entries related to accruals, prepaids, allocations, and other GL activities.

Manage and reconcile general ledger accounts to ensure accuracy and completeness.

ead or support month-end, quarter-end, and year-end close processes in accordance with closing schedules.

nsure compliance with internal controls, company accounting policies, and U.S. GAAP.

2. Financial Reporting & Analysis:

ssist in the preparation of internal financial statements, reporting packages, and variance analyses.

nalyze GL data to identify trends, discrepancies, and opportunities for improvement.

ollaborate with FP&A and other finance teams to align reporting and forecasting.

upport audit processes by preparing workpapers, reconciliations, and responding to inquiries.

3. Process Improvement & Projects:

dentify and implement improvements to streamline GL and reporting processes.

ssist with system upgrades, automation initiatives, and cross-functional projects.

aintain and improve reporting templates and documentation standards.

Qualifications:

achelor’s degree in Accounting or Finance.

 o 5 years of relevant experience in general accounting, GL, or financial reporting.

trong knowledge of U.S. GAAP and financial close procedures.

roficiency in Microsoft Excel and ERP systems (e.g., Oracle, SAP, or Workday).

xcellent attention to detail, organizational, and problem-solving skills.

trong written and verbal communication abilities.

Preferred

hartered Accountancy or progress toward Chartered Accountancy designation.

xperience in a large corporate, retail, services or multi-entity environment.

xposure to financial statement preparation and audit support.

amiliarity with financial reporting tools (e.g., Adaptive, Hyperion, Power BI, Tableau).

About the Role – GL Account Leader

The GL Account Leader, a qualified Chartered Accountant (CA) , will be responsible for leading the General Ledger function, ensuring accuracy, compliance, and timeliness in all accounting and reporting activities. The role involves managing end-to-end GL operations, including journal entries, reconciliations, month-end and year-end closures, and statutory financial reporting. The incumbent will lead a small team, drive process improvements, coordinate with internal and external auditors, and ensure adherence to accounting standards and company policies.

Proficiency in SAP/Tally , a strong understanding of Indian Accounting Standards (IND AS) , and excellent analytical and leadership skills are essential for success in this role.

Key Responsibilities

Month-End Close Process

• Lead and coordinate the month-end and year-end close process, ensuring timely and accurate financial reporting.
• Review and approve general ledger account reconciliations, resolving discrepancies promptly.
• Prepare and analyze monthly financial statements, variance analyses, and management reports for senior stakeholders.

Financial Reporting

• Ensure compliance with accounting standards, IND AS, and regulatory requirements.
• Prepare and submit financial reports to statutory bodies, auditors, and other stakeholders.

General Ledger Management

• Maintain the accuracy and integrity of the general ledger, including chart of accounts and subsidiary ledgers.
• Implement and monitor accounting controls and assess the impact of changes in accounting standards.

Reconciliation and Audit Support

• Conduct regular reconciliations of GL accounts, bank accounts, and intercompany transactions.
• Support internal and external audits through preparation of schedules and responses.
• Ensure compliance with audit recommendations and company policies to minimize audit remarks or qualifications.

ICOFR and Internal Controls

• Strengthen the internal control environment and ensure effective ICOFR (Internal Controls over Financial Reporting) processes.
• Ensure minimal non-compliances during control testing.

Team Development

• Hire, train, and mentor team members, aligning them with business objectives.
• Identify training needs and promote continuous learning and upskilling.
• Conduct performance appraisals and succession planning for key positions.

Qualification

• Chartered Accountant (CA)

Experience

• 7–10 years of relevant experience in General Ledger Accounting, Financial Reporting, or Audit, preferably in a manufacturing setup.

Job Description –

Overview

The role is responsible for prepaid expenses, legal accruals, intercompany accounting, deposit

reconciliations. This includes ensuring timely and accurate month-end close activities, quarterly

reporting adjustments, and coordination with FP&A, Treasury, Tax, and other stakeholders.

Key Responsibilities

Prepaids

● Manage prepaid accruals and posting (WD-2 and WD-1).

● Prepare and send prepaid workbooks to FP&A.

● Send Bandwidth/Colocation items to designated contacts (WD-2).

● Perform prepaid corrections identified during close reviews.

● Conduct prepaid reviews on WD-10 and WD-5, making journal entry corrections as

needed.

● Run amortization schedules for primary and statutory books (WD-10, W-2, WD-1, WD-2,

WD-3).

● Perform quarterly netdown and long-term/short-term (LT/ST) reclass entries.

● Support quarterly prepaid and current asset mapping.

Legal Accruals

● Record internal legal accruals from FP&A.

● Manage accruals for Newland Chase and Goeschl Law.

Intercompany

● Record intercompany entries received via ICO email.

● Perform netting activities (WD-1 and WD-5), excluding China, India, GCC, and Korea.

● Send Treasury and Tax Cloudflare AP ICO balances (WD-5).

● Clear FAM ICO balances.

● Prepare quarterly intercompany expense billing.

Deposits

● Follow up on outstanding deposits to ensure timely recovery of funds.

● Review deposit coding for accuracy; reclassify misbooked items.

● Confirm that deposits remain current and active.

● Perform quarterly netdown and LT/ST reclass entries.

Other Close Activities

● Record ARO (Asset Retirement Obligation) entries.

● Manage entries for United Airlines and private jet accruals.

● Adjust and run quarterly cloud computing amortization schedules.

● Assist with quarterly capitalized software accounting and uploads.

Qualifications

● Experience in accruals, amortizations, and intercompany accounting.

● Detail-oriented with the ability to manage multiple close deadlines.

● Proficient in NetSuite, BlackLine and advanced Excel/financial modeling.

● Strong communication skills to coordinate across FP&A, Treasury, Tax

• Maintain and reconcile the general ledger accounts accurately and in a timely manner.
• Process journal entries, ensuring proper documentation and coding.
• Perform month-end and year-end closing procedures.
• Prepare financial statements and reports in accordance with GAAP.
• Analyze financial data and investigate discrepancies.
• Assist with audits, providing necessary documentation and explanations.
• Ensure compliance with company policies and accounting standards.
• Manage fixed asset accounting and depreciation schedules.
• Support accounts payable and accounts receivable functions as needed.
• Contribute to process improvements within the accounting function.
• Handle intercompany transactions and reconciliations.
• Stay updated on relevant accounting regulations and best practices.

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 3 years of experience in general ledger accounting.
• Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle) and Microsoft Excel.
• Solid understanding of Generally Accepted Accounting Principles (GAAP).
• Excellent analytical and problem-solving skills.
• Strong attention to detail and organizational abilities.
• Effective communication and interpersonal skills.
• Ability to work independently, manage workload, and meet deadlines in a remote environment.
• Experience with financial statement preparation is essential.
• Experience in a remote work setting is highly desirable.

General Ledger team

1. Support month end and year end books closing process for the entities responsible.
2. Analysis of Balance Sheet and Profit and Loss on monthly basis.
3. Responsible for review of Transfer Pricing arrangements along with the underlying transaction.
4. Review of Intercompany transaction and ensuring settlement on monthly basis.
5. Review of SOX controls and approving the checklist on monthly basis.
6. Reviewing schedule forming back up for notes to financial statements and other disclosure requirements for various audit entities.
7. Responsible for statutory audits and providing relevant details for filings with Company houses to Legal team.
8. Coordinating with statutory auditor.
9. Reviewing internal processes and controls to ensure they are optimized.
10. Compliances:
11. Company House and other regulatory filing requirements for various entities as per Local laws.
12. SOX compliance & internal audits