Michelin India | Cost Accountant

Key responsibilities

• The Costing & Controlling team is responsible for accurate product costing, inventory valuation, manufacturing cost analysis, and profitability assessment.
• The team collaborates with Manufacturing, Supply Chain, Procurement, Industrial Controlling, and Finance to drive operational efficiency and support informed business decision-making.
• Perform standard costing, actual costing, and product cost calculations.
• Analyse manufacturing costs and identify key cost drivers impacting profitability.
• Monitor and report material, labour, overhead, and production variances.
• Support monthly costing runs and inventory valuation processes.
• Ensure accurate cost allocation and absorption methodologies.
• Execute monthly, quarterly, and annual closing activities related to costing and inventory.
• Prepare cost reports, manufacturing KPI dashboards, and management analysis.
• Perform annual standard cost updates and update standard costs for PIDs as required.
• Ensure compliance with Group accounting policies, internal controls, and applicable procedures.
• Support internal and external audits related to costing and inventory processes.

Requirements

• Experience in cost accounting, product costing, manufacturing cost analysis, and inventory valuation.
• Candidates should have 4 to 6 years of relevant experience.

Michelin Group

Michelin was founded in 1889 in Clermont-Ferrand, France, by the brothers Edouard and Andre Michelin. It makes tyres for cars, trucks, motorcycles, bicycles and aircraft, and publishes the Michelin Guide, which awards stars to restaurants and hotels. In India, the group signed an agreement with the Tamil Nadu government in 2009 for a tyre plant, and it now runs a 290-acre facility in Chennai that focuses on radial tyres for trucks and buses. Michelin India Private Limited also has a technology centre in Pune, which handles digital and IT operations for the group.

Its finance openings in India are in Pune. They are a cost accountant role asking for four to six years of experience and a CMA, CA or CA Inter qualification, a procure-to-pay accounts payable accountant role for one to four years with a B.Com or M.Com, and a finance accountant role for one to three years in general ledger or record-to-report, open to B.Com, M.Com or MBA graduates.

• Industry: Tyres for cars, trucks, motorcycles, aircraft and other uses, plus the Michelin Guide and related mobility services
• Headquarters: Clermont-Ferrand, France
• In India: Michelin India Private Limited, with a radial truck and bus tyre plant in Chennai and a technology centre in Pune handling digital and IT work