Cost Accountant- F & B

Job Description – Cost Accountant Department Finance & Accounts Reporting To Finance Manager / Head of Finance Job Summary: The Cost Accountant is responsible for preparing product costs, analysing production expenses, monitoring inventory values, and supporting cost-control activities across the company’s Spices, RTC, Trading, and other business divisions. Key Responsibilities • Prepare and update product cost sheets. • Calculate raw material, packaging, labour, production, and overhead costs. • Review product recipes, bills of materials, and production consumption. • Analyse actual costs against standard costs. • Identify material, production, wastage, and purchase price variances. • Monitor raw materials, packaging materials, work-in-progress, and finished goods inventory. • Reconcile physical stock with ERP and accounting records. • Prepare product-wise profitability and gross-margin reports. • Support management in product pricing and cost-control decisions. • Coordinate with Production, Procurement, Warehouse, Sales, and Finance teams. • Review production losses, damages, expiries, and stock adjustments. • Support monthly closing, budgeting, forecasting, and audit requirements. • Maintain accurate costing data in the ERP system. • Recommend measures to reduce costs and improve operational efficiency. Qualification • CMA, ACCA, or a similar qualification will be an advantage. Experience • Minimum 2–4 years of experience in cost accounting. • Experience in FMCG, food manufacturing, spices, or ready-to-cook products is preferred. • Experience in ERP systems and Microsoft Excel is required. Required Skills • Good knowledge of product costing and inventory accounting. • Strong analytical and numerical skills. • Good attention to detail. • Ability to prepare accurate reports within deadlines. • Good communication and coordination skills. • Knowledge of manufacturing and warehouse operations. Show more Show less

CMA, ACCA, or a similar qualification will be an advantage. Minimum 2–4 years of experience in cost accounting. Experience in FMCG, food manufacturing, spices, or ready-to-cook products is preferred. Experience in ERP systems and Microsoft Excel is required.

Prepare and update product cost sheets; Calculate raw material, packaging, labour, production, and overhead costs; Review product recipes, bills of materials, and production consumption; Analyse actual costs against standard costs; Identify material, production, wastage, and purchase price variances; Monitor raw materials, packaging materials, work-in-progress, and finished goods inventory; Reconcile physical stock with ERP and accounting records; Prepare product-wise profitability and gross-margin reports; Support management in product pricing and cost-control decisions; Coordinate with Production, Procurement, Warehouse, Sales, and Finance teams; Review production losses, damages, expiries, and stock adjustments; Support monthly closing, budgeting, forecasting, and audit requirements; Maintain accurate costing data in the ERP system; Recommend measures to reduce costs and improve operational efficiency.