Cost Accountant

J.K. Fenner (India) Limited is looking for a Cost Accountant - Chennai - Nandanam.

Who we are

JK Fenner (India) Limited, a part of the renowned 140‑year‑old JK Organisation, carries a proud legacy of over 70 years in delivering high‑quality engineering and mobility solutions. The company is a trusted partner to leading OEMs and customers across automotive, industrial, infrastructure, railways, defence, and emerging mobility sectors.

JK Fenner operates through a diverse portfolio of business verticals, including Industrial Solutions, Industrial Drives & Automation, Automotive OE, Auto Aftermarket, Electric Vehicle (EV) Solutions, Railway Solutions, Defence Solutions, and Advanced Technology. Its product offerings span power transmission belts, sealing and fluid transfer systems, automation drives, moulded rubber components, EV drivetrain systems, railway assemblies, defence‑grade technologies, and lightweight engineering solutions.

Backed by robust R&D capabilities, advanced manufacturing infrastructure, and a strong pan‑India distribution network, JK Fenner combines engineering excellence with customer‑centric innovation. The company is deeply committed to quality, sustainability, and operational excellence across all its businesses.

JK Fenner fosters a culture of trust, ownership, and continuous learning, empowering its people to build meaningful careers while creating long‑term value for customers, partners, and stakeholders.

Why don't you join us? Do you want to experience new challenges and innovate the future of Automotive and Industrial Automation Solutions? Accelerate your career with JK Fenner.

Position Details:

Role: Cost Accountant

Location: Chennai - Nandanam

Qualification: B.Com & CMA preferred

Experience: 3–6 Years

Industry: Manufacturing

Job Description:

Key Responsibilities

• Prepare and maintain accurate product cost sheets for new and existing products.
• Analyze and monitor material, labor, and overhead costs; identify and explain cost variances.
• Perform standard costing and variance analysis, reporting deviations to management.
• Evaluate BOMs, routings, and manufacturing processes to identify cost optimization opportunities.
• Ensure accurate allocation, absorption, and control of overheads.
• Support pricing decisions, margin analysis, and profitability assessment.
• Assist in inventory valuation, cost audits, and reconciliation of cost records.
• Support budgeting, forecasting, and financial planning activities.
• Monitor and control expenditures to improve cost efficiency and adherence to budgets.
• Prepare periodic MIS reports and detailed cost and profitability analyses.
• Manage and track project costs in coordination with project managers and stakeholders.
• Ensure compliance with internal controls, financial regulations, and audit requirements.
• Collaborate with production, procurement, engineering, and finance teams to drive cost control initiatives.

Qualifications & Skills

• Bachelor’s degree in commerce, Accounting, or Finance
• Professional certification such as CMA is preferred.
• 3–6 years of relevant experience in costing within a manufacturing setup
• Strong knowledge of cost accounting, standard costing, and variance analysis
• Hands-on experience with ERP systems (SAP / Oracle / other manufacturing ERPs preferred)
• Proficient in MS Excel (advanced functions, pivot tables, data analysis)
• Strong analytical, problem-solving, and communication skills
• Ability to work cross-functionally and meet tight deadlines

Preferred Competencies

• Experience in process manufacturing / discrete manufacturing (as applicable)
• Exposure to CAPEX evaluation and cost-benefit analysis
• Understanding of inventory management and production planning processes

Join us and be part of a forward-thinking organization dedicated to excellence.