Cost Accountant

WhiteCrow Research

  • Visakhapatnam, Andhra Pradesh
  • Permanent
  • Full-time
  • 17 days ago
About our client:Our client is a leader in India’s renewable energy sector, producing high-quality multi-feedstock biodiesel at their state-of-the-art facility in Visakhapatnam. Committed to zero-waste processes and stringent environmental standards, they focus on sustainable biofuel solutions for global markets, they combine innovation and environmental stewardship to drive a cleaner future.Responsibilities:
  • Lead the plant’s cost accounting function, including design and implementation of robust cost control systems.
  • Develop and manage detailed product costing, activity-based costing models, and process-wise profitability analysis.
  • Provide deep insights on cost trends, production efficiency, and inventory usage to support strategic decision-making.
  • Analyze standard vs actual costs and proactively address variances through root cause investigation and corrective actions.
  • Conduct plant-wide cost audits and coordinate with production, procurement, and supply chain teams for financial alignment.
  • Drive initiatives in waste reduction, process improvement, and cost optimization at both micro and macro levels.
  • Oversee inventory valuation, stock audits, and reconciliation of raw materials, WIP, and finished goods.
  • Collaborate with the Finance Head and Plant Director for capital expenditure planning and cost-benefit analysis.
  • Ensure compliance with Cost Accounting Standards, internal controls, and regulatory reporting requirements.
  • Prepare high-level MIS reports, dashboards, and executive summaries for senior management and board-level reviews.
Requirements:
  • CMA (Cost & Management Accountant) qualified; additional MBA in Finance or CA Inter is an advantage.
  • 8-10 years of progressive experience in cost accounting, with at least 3 years in a senior role in a manufacturing plant.
  • Proven track record in implementing cost optimization strategies and improving profitability.
  • Strong command of ERP systems (e.g., SAP, Oracle) and advanced Excel/Power BI for analytics.
  • In-depth understanding of cost structures, production processes, and inventory management in industrial environments.
  • Excellent communication, leadership, and cross-functional collaboration skills.

WhiteCrow Research

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