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