Cost Manager

Designation : Assistant Manager Costing

Education / Other requirements : ( MANDATORY)

Cost & Management Accountant (CMA) or pursuing Cost & Management Accountant (CMA)

Location : Andheri West , Lokhandwala

Job Description / Key Responsibilities :

Collect, analyze, and report on cost accounting data, including production costs, labour, raw materials, overheads, and other operational expenses.

Inventory valuation

Maintenance of costing and pricing module in System

Generation of price list on a quarterly basis

Prepare and maintain standard cost reports, conduct variance analysis (comparing actual costs to standard / budgeted costs), and identify discrepancies.

Generate periodic (Monthly, quarterly, annual) cost forecasts and budgeting reports for the company and individual departments / business units.

Prepare & review of plant & Subsidiary MIS

Analyze and report on profit margins for various products.

Preparation of product costing of new formulation and updating of existing on timely manner

Review of cost and assist Business development team for price revision on timely manner

Research and analyze material costs, production processes, and operational expenditures to identify cost-saving opportunities and recommend solutions.

Continuously monitor and improve accounting processes and systems to streamline and enhance the accuracy and efficiency of financial reporting.

Provide ad-hoc financial analysis and detailed reports as required by management.

Proactively identify opportunities for process enhancements, automation of cost calculations, and implementation of tools to streamline cost reporting procedures.

Provide financial insights and recommendations to improve operational efficiency and profitability.

Stay updated with industry trends, cost optimization strategies, and advanced cost accounting methodologies.

Assist with financial analysis and forecasting for new projects, investments, or business opportunities.