Jaipur Rugs - Cost Accountant
Jaipur Living
Date: 3 weeks ago
City: Jaipur, Rajasthan
Contract type: Full time
Key Responsibilities
Cost Accounting & Product Costing:
Cost Accounting & Product Costing:
- Develop and maintain standard costing systems for hand-knotted, hand-tufted, and other rug categories.
- Calculate product-wise, design-wise, and customer-wise profitability.
- Determine material, labor, weaving, finishing, dyeing, and overhead costs.
- Analyze actual vs. standard costs and investigate variances.
- Monitor artisan/weaver production costs and efficiency metrics.
- Monitor costing of wool, silk, cotton, Viscose, dyes, and other raw materials.
- Track inventory aging, slow-moving stock, and wastage.
- Ensure compliance with Ind AS and company inventory valuation policies.
- Assist in preparation of annual budgets and rolling forecasts.
- Prepare manufacturing cost budgets and departmental expense budgets.
- Conduct variance analysis against budgets and recommend corrective actions.
- Prepare weekly & monthly cost reports and management dashboards.
- Provide SKU-wise, collection-wise, and export market profitability reports.
- Support pricing decisions through detailed cost analysis.
- Generate margin analysis for domestic and international sales channels.
- Ensure compliance with Cost Accounting Standards and applicable regulations.
- Support statutory audits, internal audits, and cost audits.
- Maintain documentation related to costing systems and inventory controls.
- Coordinate with auditors and regulatory authorities.
- Work closely with ERP teams for cost module optimization.
- Strengthen cost allocation methodologies and reporting automation.
- Improve data accuracy and reporting efficiency.
- CMA (ICMAI) - Mandatory / Preferred.
- CA with strong costing exposure may be 5 Years and above experience in after CMA.
- Experience in export oriented manufacturing industry.
- Hands-on experience with ERP systems (SAP, Oracle, Microsoft Dynamics, or similar).
- Highly align with company values specially in empathy and integrity.
- Strong Communication Skills.
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