- *Job Title : Cost Accountant**
- *Reporting To: Finance Head / Business Head**
To lead costing and financial analysis functions in spinning operations by ensuring accurate product costing, cost control, profitability analysis, and supporting strategic decision\-making to improve margins and overall business performance.
- *1\. Product Costing \& Analysis:**
- Prepare and validate yarn costing (count\-wise, mix\-wise, customer\-wise)
- **Analyze cost components including raw material, conversion, labor, and overheads**
- Ensure accuracy in standard and actual costing
- *2\. Raw Material Cost Control:**
- Monitor cotton prices and consumption patterns
- **Optimize mixing cost and minimize raw material variance**
- Work with procurement and R\&D teams for cost\-effective sourcing
- *3\. Conversion Cost Optimization:**
- Analyze power, labor, and machine efficiency costs
- **Identify opportunities to reduce conversion cost per kg**
- Monitor productivity (kg/spindle/day) and cost impact
- *4\. Profitability \& Margin Analysis:**
- Evaluate contribution margins for products and customers
- **Support pricing decisions and commercial negotiations**
- Identify low\-margin or loss\-making products and suggest corrective actions
- *5\. Budgeting \& Forecasting:**
- Prepare annual budgets and cost forecasts
- **Monitor actual vs budgeted performance**
- Provide variance analysis and corrective recommendations
- Prepare daily/weekly/monthly cost MIS reports
- **Present insights on cost trends, variances, and performance**
- Support management with data\-driven decision\-making
- *7\. Cross\-functional Coordination:**
- Work closely with production, R\&D, procurement, and marketing teams
- **Ensure alignment between costing, production efficiency, and pricing strategies**
- *8\. Process Improvement \& Cost Reduction:**
- Drive cost reduction initiatives across departments
- **Identify inefficiencies and implement corrective measures**
- Support automation and system improvements in costing
- Strong knowledge of spinning cost structures and yarn costing
- **Financial analysis and cost control expertise**
- Strong analytical and problem\-solving skills
- **Advanced Excel / ERP knowledge**
- Good coordination and communication skills
- *Experience Requirement:**
- 10 \- 15 years in spinning industry / textile costing / finance roles
- *Key Performance Indicators (KPIs):**
- Accuracy of product costing
- **Reduction in cost per kg of yarn**
- Improvement in profit margins
- Budget vs actual variance control
- **Identification and execution of cost\-saving initiatives**
- *Additional Expectations:**
- Strong attention to detail and data accuracy
- **Ability to handle large\-scale costing operations**
- Proactive approach to cost optimization
- **Support strategic and commercial decision\-making**
- *Qualifications Required:**
- Bachelor’s Degree in Commerce / Finance / Textile Technology
- **CA / CMA / MBA Finance (preferred)**
- Strong knowledge of costing systems and ERP tools
- *Interested candidates can contact HR Priya and share your updated resume:**
- *Email: recruiter@acecreativess.in**
- *Call / WhatsApp: \+91 99948 63807**
Ability to commute/relocate
- Coimbatore, Tamil Nadu: Reliably commute or planning to relocate before starting work (Required)
Location
- Coimbatore, Tamil Nadu (Required)
Work Location: In person