Cost Accountant

Job Title: Cost Accountant

Location: Hisar, Haryana

Industry: Defence Manufacturing (ESR / Forging)

Experience: 5–10 Years

Qualification: CMA (Cost & Management Accountant)

Role Overview

We are seeking a highly skilled and analytical Cost Accountant with strong domain expertise in ESR and forging operations , specifically within the defence manufacturing segment. The role requires a professional who can drive cost efficiency, develop robust costing systems, and support strategic decision-making.

Key Responsibilities

1. Costing & Analysis

• Develop and maintain accurate product costing for ESR and forging processes
• Conduct variance analysis (material, labor, overheads) and identify cost optimization opportunities
• Prepare detailed cost sheets for defense-grade products

1. System Development & Process Improvement

• Design and implement new costing systems, controls, and MIS frameworks
• Drive automation and digitization initiatives in costing and reporting
• Strengthen internal controls and standard costing mechanisms

1. SAP & Digital Integration

• Hands-on working experience in SAP (CO, MM, PP modules preferred)
• Ensure accurate cost capture and reporting through SAP systems
• Collaborate with IT teams for system enhancements and AI-driven analytics

1. Budgeting & MIS

• Prepare annual budgets and rolling forecasts
• Monitor actual performance vs budget and report deviations
• Deliver insightful MIS reports to senior management

1. Defense Sector Costing

• Understand cost structures specific to defense manufacturing
• Support pricing decisions, tenders, and contract costing
• Ensure compliance with industry norms and audit requirements

1. Cross-Functional Collaboration

• Work closely with production, procurement, and finance teams
• Provide cost inputs for strategic and operational decisions

Key Requirements

• CMA qualified with 5–10 years of relevant experience
• Mandatory experience in ESR / Forging industry , preferably in the defence segment
• Proven track record in developing and implementing costing systems
• Strong hands-on experience in SAP environment
• High level of analytical and problem-solving ability

Desired Competencies

• Excellent communication and presentation skills
• Strong business acumen and strategic thinking
• Well-versed with emerging technologies including AI and data analytics
• Ability to work in a fast-paced and evolving manufacturing environment

Why Join Us

• Opportunity to work in a high-growth defense manufacturing sector
• Exposure to advanced metallurgical processes like ESR and forging
• Platform to drive digital transformation and AI adoption in costing
• Leadership visibility and strategic role in cost optimization