Cost Accountant

About This Role

This accounting role focuses on preparing and maintaining cost sheets, calculating production costs, and analyzing cost variances. It suits an accountant with experience in costing and budgeting who can support various financial functions within a company.

Responsibilities

• Prepare and maintain product/service cost sheets and update costing data regularly
• Calculate material, labor, overhead, and total production costs accurately
• Monitor actual costs against standard/budgeted costs and identify variances
• Analyze cost variances and provide explanations and recommendations to management
• Maintain proper records of inventory, raw materials, work-in-process, and finished goods
• Support inventory valuation and conduct regular reconciliation between physical and accounting records
• Prepare periodic cost reports and management reports highlighting cost trends and key findings
• Assist in product pricing and profitability analysis based on cost and margin information
• Coordinate with Production, Procurement, Store, and Finance teams to ensure accurate cost data
• Support budgeting, forecasting, internal controls, and audit requirements related to costing and inventory

Requirements

• 3-7 years of experience
• Education in accounting
• Skills in costing and budgeting, costing, costing analysis, cost planning, standard costing, cost accounting, target costing, cost analysis

Important Details

• Application deadline: 25 October 2026

About the Company

Munshi HR Solutions Ltd is a company.