Established in 1991, Devyani International Limited (DIL) is one of India’s largest and fastest growing Chain Quick Service Restaurant (QSR) operators in the country
As on December 31, 2024, DIL operates more than 2,030 stores across brands in over 280 cities in India, Thailand, Nigeria and Nepal. DIL is an integral growth engine for RJ Corp, a Conglomerate that today is a powerhouse multinational with thriving businesses in beverages, fast-food restaurants, retail, ice-cream, dairy products, healthcare and education.
DIL is India’s largest franchisee for Yum Brands, operating KFC and Pizza Hut outlets, and the exclusive franchisee for Costa Coffee cafes in the country. In addition, DIL has developed its own brands, including Vaango, a popular South Indian vegetarian food destination, and The Food Street, a food court concept featuring multiple brands under one roof. DIL also has a significant presence in Indian airports, offering a wide range of food and beverage options.
VACANCY DETAILS :-
POST NAME - Cost & Management Accountant
QUALIFICATION - CMA
EXPERIENCE - 4 To 7 Years
LOCATION - Gurgaon
JOB DESCRIPTION :-
The Cost Accountant will be responsible for managing cost accounting activities, inventory valuation, product costing, financial analysis, and cost optimization initiatives. The role requires close collaboration with Supply Chain, Procurement, Manufacturing/Commissary, Operations, and Finance teams to ensure accurate costing, improve profitability, and support strategic business decisions.
Key Responsibilities
Cost Accounting & Product Costing
- Prepare and maintain product cost sheets and standard costing models.
- Analyze material, labor, and overhead costs to determine product profitability.
- Review and monitor actual costs against standard costs.
- Identify cost-saving opportunities and recommend corrective actions.
- Perform periodic cost revisions based on changes in raw material prices and operational costs.
Inventory Accounting & Control
- Manage inventory valuation in accordance with accounting standards and company policies.
- Monitor inventory movements, stock adjustments, and reconciliations.
- Analyze inventory ageing, slow-moving, and obsolete stock.
- Coordinate with Supply Chain and Warehouse teams to improve inventory accuracy.
- Ensure timely inventory reconciliations between physical stock and ERP records.
Financial Analysis & Reporting
- Prepare monthly MIS reports, dashboards, and cost analysis reports.
- Conduct variance analysis for material consumption, production costs, and inventory.
- Support budgeting, forecasting, and financial planning activities.
- Present financial insights and recommendations to management.
Cost Optimization
- Identify opportunities to improve operational efficiency and reduce costs.
- Support value engineering and cost reduction initiatives.
- Analyze vendor pricing and procurement costs.
- Track and report savings achieved through cost optimization projects.
Compliance & Audit
- Ensure compliance with Cost Accounting Standards, internal controls, and company policies.
- Support internal, statutory, and cost audits.
- Maintain accurate costing documentation and audit records.
- Assist in implementing process improvements for cost accounting and reporting.
ERP & Process Improvement
- Work on SAP (CO/FI/MM) or other ERP systems for costing and reporting.
- Improve costing processes through automation and standardization.
- Develop dashboards and reports using Excel and Power BI (preferred).
LINK FOR ONLINE APPLICATION - CLICK HERE
LIKE . COMMENT . SHARE. SUBSCRIBE.
LINKEDIN ID - CLICK HERE
FACEBOOK LINK - CLICK HERE
FB GROUP LINK - CLICK HERE
INSTAGRAM LINK - CLICK HERE
YOUTUBE LINK - CLICK HERE
