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UpMan Placements Private Limited
Cost Accountant (CMA / ICWA)
UpMan Placements Private Limited · posted 4 months ago
Punefinance & accounts
About the role
Job Description – Cost Accountant (CMA / ICWA)
Position:
Cost Accountant
Department:
Finance & Accounts
Location:
Pune
Company:
Harmony Organics Pvt. Ltd.
CTC Range:
Up to ₹18 LPA
Qualification:
CMA / ICWA Qualified
Experience:
6–10 Years (Preferably in Chemical / Pharma / Manufacturing
Industry)
About the Role
We are looking for a qualified and experienced Cost Accountant (CMA/ICWA) to manage costing, budgeting, inventory valuation, MIS reporting, and financial analysis functions for our manufacturing operations. The candidate will play a key role in strengthening cost controls, improving profitability, and supporting strategic business decisions across plant operations. Manufacturing companies increasingly expect CMAs to handle product costing, variance analysis, budgeting, inventory control, and profitability improvement initiatives.
Key Responsibilities
- Handle end-to-end product costing and process costing activities.
- Prepare and maintain standard costing for raw materials, utilities, labor, packing materials, and overheads.
- Conduct variance analysis for material consumption, production yield, labor, and overhead costs.
- Monitor inventory valuation of Raw Material, WIP, and Finished Goods.
- Prepare monthly MIS reports, cost sheets, and profitability analysis for management review.
- Support budgeting, forecasting, and annual operating plan preparation.
- Analyze production costs and identify opportunities for cost optimization and operational efficiency.
- Coordinate with Production, Purchase, Stores, QA, and Supply Chain teams for cost monitoring and control.
- Ensure compliance with Cost Accounting Standards, statutory requirements, and internal financial controls.
- Assist during internal audits, statutory audits, and cost audits.
- Support ERP-based costing and financial reporting activities.
- Monitor working capital, stock reconciliation, and inventory controls.
- Provide financial insights to management for strategic decision-making and margin improvement.
Required Skills & Competencies
- Strong knowledge of Cost Accounting, Inventory Valuation, and Variance Analysis.
- Hands-on experience in manufacturing costing and ERP systems (SAP preferred).
- Good understanding of budgeting, MIS reporting, and financial planning.
- Advanced MS Excel and analytical skills.
- Strong coordination and communication skills.
- Ability to work closely with plant operations and cross-functional teams.
- Detail-oriented with strong problem-solving capability.
Qualification & Experience
- CMA / ICWA qualification is mandatory.
- 6–10 years of relevant experience in manufacturing industries, preferably Chemical / Pharma / Process Manufacturing.
- Experience in standard costing, BOM analysis, inventory accounting, and plant finance activities preferred.
Preferred Industry Exposure
- Chemical Manufacturing
- Specialty Chemicals
- Pharma / API
- Process Manufacturing
Reporting To
Head – Finance / CFO