Cost Controller

Job Description

About the Company : A seasoned professional with 5 to 15 years of relevant experience in cost control, cost accounting, and inventory management, preferably in a manufacturing or industrial environment. Proven ability to ensure financial compliance, streamline cost control systems, and coordinate across departments for efficient plant operations. About the Role : The Cost Controller is responsible for overseeing and analyzing the cost structure of the manufacturing operations. This role ensures effective cost control, accurate inventory valuation, budgeting, and reporting to support management decision-making. The candidate should possess strong knowledge of costing standards, cost analysis, and ERP systems (preferably SAP). Responsibilities : 1) Cost Accounting & Analysis Monitor, record, and analyze manufacturing costs (material, labor, overhead). Perform product costing, cost roll-ups, and BOM cost analysis. Monthly analysis of standard cost vs. actual cost and variance reporting. 2) Inventory Management & Valuation Supervise inventory accounting for raw materials, WIP, and finished goods. Conduct periodic inventory audits, cycle counts, and stock reconciliations. Ensure proper valuation of inventory as per accounting standards. 3) Budgeting & Forecasting Assist in preparation of annual budgets, cost forecasts, and operational planning. Monitor budget utilization and highlight cost overruns or deviations. 4) SAP/ERP System Management Work closely with IT/ERP teams for system-based costing and reporting. Ensure accuracy of cost master data and item master records in SAP. Support implementation of new modules or upgrades related to costing. 5) Financial Reporting & Compliance Prepare and submit monthly MIS reports related to costs, inventory, and profitability. Support internal and external audits by providing necessary costing data. Ensure adherence to internal controls and statutory compliance related to cost accounting. 6) Process Improvement & Support Identify areas for cost reduction and efficiency improvement. Coordinate with production, purchase, stores, and finance teams for cost-related inputs. Provide cost insights and support decision-making for new product launches or process changes. Qualifications : Strong knowledge of cost accounting principles and standards. Required Skills : Hands-on experience with SAP HANA. Advanced Excel and financial modeling skills. Analytical thinking and attention to detail. Strong communication and inter-departmental coordination skills. Knowledge of manufacturing processes and BOM structures. Interested candidates may share their updated resume at praveen.kc@emmvee.in Regards, Praveen Chatter HR TEAM EMMVEE Group Show more Show less