Cost Accountant Job Vacancies in Thane

- Key responsibilities:1. Oversee day-to-day operations of the accounting department.- Ensure all accounting transactions are recorded accurately and timely.- Monitor financial data and prepare financial reports for management.2. Manage cost accounting and budgeting processes.- Analyze costs and variances to help optimize expenses.- Develop and implement cost control measures to improve profitability.3. Prepare and present MIS reports to senior management.- Gather and analyze data to create meaningful reports.- Provide insights and recommendations based on the analysis.4. Supervise a team of accountants and clerks.- Assign tasks and set priorities for team members.- Provide guidance and support to ensure team success.- Required skills and expectations:1. Chartered Accountant qualification.- Strong knowledge of accounting principles and financial regulations.2. 3-4 years of experience in a similar role.- Demonstrated experience in managing accounting functions and teams.3. Proficiency in cost accounting and budgeting.- Ability to analyze costs, develop budgets, and monitor variances.4. Excellent communication and presentation skills.- Ability to effectively communicate financial information to non-financial stakeholders.5. Strong analytical and problem-solving abilities.- Skilled in data analysis, financial modeling, and decision-making.

Track inventory cost and see if the cost is accurate. Ensure all the masters are correctly created and batch cost is accurate. Draw the existing Costing system and develop, implement and drive Index based Costing System. Work closely with R&D team, purchase team for cost optimization. Supply chain finance- efficiency trackers. Record, report, analysis & MIS of Product wise profitability Actual Costing, Variance analysis and identifying areas of improvement in operations Analyzing actual manufacturing costs & preparing periodic reports comparing standard cost to actual production cost Initiating & evaluating cost reduction ideas. Preparing MIS deck as per agreed timelines

Job SummaryThe Cost Accountant will be responsible for cost analysis, cost control, budgeting, and inventory valuation for pharmaceutical manufacturing operations. The role ensures accurate product costing, regulatory compliance, and supports management decision-making through detailed financial and operational analysis.________________________________________Costing & AnalysisManufacturing & Inventory ControlBudgeting & MISCompliance & AuditProcess ImprovementSkills & Competencies Strong knowledge of pharma manufacturing costing and inventory management. Proficiency in ERP systems and MS Excel. Analytical mindset with attention to detail. Good communication and cross-functional coordination skills. Understanding of regulatory and compliance requirements in pharma industry.

Designation- Cost Accountant.Product Costing.Pricing on cost analysis.Cost & Finance reconciliation.Exp- 1+ years.Location- Marol, Andheri East,Qualification- ICWA pass.Industry- Manufacturing preferred.

Conduct in-depth cost analysis to identify areas of improvement, cost reduction opportunities, and operational efficiencies.Collaborate with the finance team to develop and monitor budgets, forecasts, and financial plans, ensuring alignment with organizational goals.Analyze budget vs. actual performance, investigate variances, and provide actionable recommendations to management for cost control.Maintain and enhance costing systems to accurately allocate costs to products, projects, or services, and assist in pricing decisions.Prepare and present financial reports, including profit and loss statements, balance sheets, and cash flow statements, to support decision-making processes.Manage inventory accounting, including valuation, reserves, and reconciliation, to optimize inventory turnover and minimize carrying costs.Ensure compliance with relevant accounting standards (GAAP or IFRS) and regulatory requirements, and stay updated on changes affecting the industry.Continuously identify and implement process improvements to streamline financial operations, reduce costs, and enhance overall efficiency.Allocate overhead costs accurately and establish cost drivers for various departments or productsDevelop financial models to support strategic planning, investment analysis, and scenario analysis.Identify financial risks and recommend risk mitigation strategies to safeguard the company's financial stability.Collaborate with cross-functional teams, including operations, procurement, and sales, to drive cost-efficient initiatives and enhance financial performance.

preparing monthly MIS Reports, Budget vs Actual, Overhead cost allocation, Division-wise Profit & Loss Statement, implementing system and processes to automate to increase working efficiency.Preparation of Budget & Monthly Forecast Variance Analysis4) Supporting to the External Auditors for cost Audit Product Costing-Quotation costing costing post costing Standard Cost updating in SAP New products Costing Material Cost Analysis Inventory Analysis FA related Activities.