Cost Accountant

Designation- Cost Accountant

Shift timings- 4 PM- 1 AM

Location- Mohali

Key responsibilities

Data and reconciliation

• Reconcile ERP extracts (item master, inventory, production, purchasing, payroll) to the general

ledger before any analysis.

• Identify SKUs with missing, incomplete or outdated standards, BOMs and routings.

Standard costing

• Set and revise material standards from current purchase prices and negotiated PO costs.
• Build labor standards per SKU from payroll data and time studies: standard hours, rates and

labor cost.

• Recalculate overhead absorption rates and the cost pools behind them.
• Roll revised standards up through BOMs and routings and quantify the change in inventory

value by SKU.

Variance analysis

• Analyze purchase price variance (PPV) and split it into:

o buying variance: standard cost vs. negotiated PO price

o market timing variance: negotiated price vs. market price at receipt

• Analyze labor and overhead over- and under-absorption, and usage and efficiency variances.
• Support landed cost work, allocating freight-in and import tariffs to SKUs.

Models and reporting

• Build reusable, refreshable Excel and Power Query models that rerun on new extracts with

minimal manual work.

• Document assumptions, sources and method so another analyst can pick up the work.
• Prepare clear working papers and summaries for manager and client review.

Client delivery

• Work directly with US clients and partner firms, sending information requests with checklists

ahead of each deadline.

• Flag data gaps and risks to deadlines at least 7 days early.
• Ask follow-up questions that build on earlier answers rather than repeat them.
• Submit a detailed monthly timesheet of hours and activities.

Must-have qualifications

• CMA, CA, ICWA or MBA (Finance), or an equivalent cost accounting qualification.
• 5+ years of hands-on cost accounting in a manufacturing business or a firm serving

manufacturers. GL, AP, AR or general FP&A experience alone does not qualify.

• Direct work on all of the following:

o standard costing: setting, rolling up and revising standards

o BOMs and routings: building, reviewing and correcting them

o labor and overhead absorption, including over- and under-absorption

o purchase price variance analysis

o inventory valuation and roll-forwards

• Reconciling ERP or inventory sub-ledger extracts to the GL.
• Advanced Excel: lookups, pivots, dynamic arrays, scenario logic, large data sets.
• Power Query: building refreshable transformations, not just basic imports.
• Experience in at least one manufacturing ERP, such as NetSuite, Sage, Epicor, SAP (CO/PP),

Dynamics or Plex.

• Clear written English and confident calls with US clients.
• Willing to work the US-overlap shift.

Good to have

• Experience with sheet metal, fabricated, machined or plated components, or industrial

manufacturing generally. Plex experience is a plus.

• Landed cost work: freight-in allocation, import duties, HTS codes, country of origin.
• Time studies or engineered labor standards.
• Costing for multi-location or multi-entity manufacturers, including post-acquisition cost

harmonization.

• Power BI for variance and margin dashboards.
• Experience with US GAAP inventory rules (ASC 330) and capitalizing variances.