Cost Auditor

Description

The Cost Auditor will be responsible for verifying, evaluating, and certifying the cost records of the company in accordance with the Companies Act, 2013 and the Cost Accounting Standards (CAS). The role ensures accuracy in cost statements, proper cost allocation, and compliance with statutory cost audit requirements relevant to the solar manufacturing industry.

• Verify inventory valuation (raw material, WIP, finished goods).
• Conduct cost audit as per Section 148 of the Companies Act, 2013 and Cost Audit Rules.
• Review procurement cost, vendor-wise comparisons, freight, and logistics cost.
• Ensure compliance with Cost Accounting Standards (CAS-1 to CAS-24).
• Review Cost Accounting Records (Cost Sheets, Material Records, Utility Records, Production Consumption Records).
• Assist management in filing statutory returns with MCA.
• Ensure accuracy and reliability in cost statements and profitability reports.
• Evaluate internal controls related to production, consumption, and inventory management.
• Recommend cost optimisation strategies for manufacturing operations.
• Prepare and certify CRA-1 (Cost Records) and CRA-2/CRA-4 (Cost Audit Report).
• Analyse and report cost deviations, anomalies, and variances.
• Evaluate product costing, overhead absorption, and cost allocation across the manufacturing units.
• Analyse bill of materials (BOM), production losses, wastages, and efficiency ratios.
• Prepare MIS reports related to costing, variance analysis, and audit findings.
• Liaise with finance, production, purchase, and warehouse teams to gather data.
• Present audit observations and recommendations to senior management.
• Conduct periodic cost reviews with management.
• Ensure compliance with GST Input Credit, consumption records, price variances, and stock movement records.

Requirements

• Knowledge of Companies Act, Cost Audit Rules, and Cost Accounting Standards.
• Minimum 3–7 years of experience in cost audit, preferably in manufacturing, energy, electronics, or solar sector.
• Experience in solar manufacturing / electronics industry.
• High integrity and attention to detail.
• Strong problem-solving skills.
• Experience with ERP systems (SAP, Tally Prime, Zoho, etc.).
• Ability to work independently and meet statutory deadlines.
• High proficiency in MS Excel (pivot tables, advanced formulas, dashboards).
• Process-oriented and compliance-driven.
• Strong analytical, documentation, and reporting skills.
• Strong communication, coordination, and audit writing skills.
• Strong understanding of BOM, production planning, yield analysis, and material management.
• Qualified Cost Accountant (CMA) from The Institute of Cost Accountants of India.
• Ability to work cross-functionally with production, purchase, finance, and compliance teams.
• Knowledge of GST costing compliance and inventory control systems.

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance