Actively Hiring
EX
Costing & Inventory Valuation
Exide Energy Solutions Ltd
Devanahalli
Skills:
Product Costing
Profitability Analysis
Job Description
Job Title: Costing & Inventory Valuation
Company: Exide Energy Solutions Ltd
Job Category: SAP FICO
Roles & Responsibilities:
Exide Energy Solutions Ltd is leading the way in advanced energy storage by establishing India’s first Giga plant to manufacture Lithium\-Ion Cells in Bengaluru. The company specializes in designing, developing, and manufacturing high\-performance Lithium\-Ion Cells and Battery Pack solutions. These solutions cater to a range of energy storage needs across Automotive and Industrial sectors, driving innovation and sustainability. Exide Energy is committed to powering the future with cutting\-edge technology and global industry standards.
This role is responsible for
end\-to\-end inventory accounting, valuation, and cost management
, including maintenance of
statutory cost records
and coordination of
cost audit
. The position ensures accurate cost capture across raw materials, WIP, and finished goods, leveraging
SAP S/4HANA (MM, FI, CO modules)
, while maintaining compliance with regulatory requirements and strong internal financial controls.
Key Responsibilities
* Account for all inventory transactions: RM, WIP, FG, consumables, stores \& spares, scrap
* Monitor material movements: GRN, issues, transfers, subcontracting
* Perform periodic
physical stock verification
and reconcile with SAP stock
* Investigate and report stock variances, shrinkage, and process losses
* Ensure proper cut\-off procedures during month\-end and year\-end
* Manage inventory accounting for Raw Materials, WIP, Finished Goods, Consumables, Stores \& Spares, and Scrap.
* Perform inventory valuation, standard costing, product costing, and variance analysis.
* Execute inventory reconciliations, stock verification, and month\-end/year\-end closing activities.
* Maintain statutory cost records and support cost audits as per Companies Act and Cost Accounting Standards (CAS).
* Ensure SAP S/4HANA MM, FI, and CO integration for inventory accounting, Material Ledger, and costing processes.
* Monitor inventory aging, obsolete stock, cost reduction opportunities, and profitability analysis.
* Strengthen internal controls, audit compliance, and governance over inventory and costing processes.
Key Performance Indicators (KPIs)
Work Location: Devanahalli, Karnataka, India
Availability: Full time
Requirements
💼
Experience:
3 years
Key Skills \& Competencies
* Strong expertise in
inventory accounting and cost accounting
* Hands\-on experience in
SAP S/4HANA (MM \+ FI \+ CO integration)
* Knowledge of
Cost Accounting Standards (CAS)
and cost audit
* Strong analytical and problem\-solving skills
* High attention to detail and data accuracy
* Ability to work in plant and cross\-functional environment
Qualifications \& Experience
* Education:
CMA (Inter / Final preferred)/B.Com / M.Com
* Experience:
3 years in manufacturing (plant costing / inventory role)
* Experience in
SAP S/4HANA environment is mandatory
Key Skills: Product Costing, Profitability Analysis
Salary: Not disclosed