Cost Accountant

About This Role

This detail-oriented Costing Accountant role focuses on managing manufacturing cost analysis, BOM costing, material variance analysis, production reconciliation, and cost optimization at the company's manufacturing plant.

Responsibilities

• Compare actual material consumption with standard BOMs and investigate variances
• Analyse material price, quantity, scrap, wastage, production yield, and rework variances
• Prepare product-wise cost sheets covering materials, labour, overheads, and total manufacturing costs
• Analyse actual versus standard overheads and review cost allocation
• Reconcile production costs, inventory, and material consumption with financial accounts
• Prepare and update Machine Hour Rate (MHR) and Labour Hour Rate (LHR) calculations
• Ensure timely BOM revisions and alignment between MIS and Microsoft Dynamics 365 Business Central (BC)
• Reconcile production output and material consumption between MIS and BC, resolving missing or incorrect entries
• Improve MIS processes to enhance accounting accuracy, reduce manual work, and support cost optimization

Requirements

• 4+ years of experience
• Strong knowledge of manufacturing costing, standard costing, and BOM analysis
• Experience in material variance analysis, scrap accounting, and inventory reconciliation
• Knowledge of product costing, overhead allocation, MHR, and LHR calculations
• Proficiency in MS Excel, MIS reporting, and ERP systems
• Strong analytical, problem-solving, and cost-control skills

Nice to have:

• Experience with Microsoft Dynamics 365 Business Central (BC)

Benefits

• Flexible schedule
• Food provided
• Health insurance
• Provident Fund