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▷ (Only 24h Left) Cost Accountant cum Data Analysis

▷ (Only 24h Left) Cost Accountant cum Data Analysis

Fair Exports (India) Pvt. Ltd Aluva & MumbaiIndia
16 hours ago
Job description

Key Responsibilities :

  • Cost Analysis and Reporting :
  • Prepare and analyze cost reports on a regular basis (e.g., monthly, quarterly, annually).
  • Provide detailed reports on cost variances, explaining deviations from budgets or forecasts.
  • Track and report on production costs, labor costs, and overhead costs.
  • Budgeting and Forecasting :
  • Assist in creating the annual budget and monitor spending against the budget.
  • Provide detailed forecasts for cost structures, anticipating potential fluctuations or changes.
  • Cost Control :
  • Implement strategies to reduce costs while maintaining product or service quality.
  • Analyze cost drivers and make recommendations for improvements in operations.
  • Inventory Management :
  • Ensure proper inventory valuation and maintain accurate records.
  • Assess inventory costs, including raw materials, work in progress, and finished goods.
  • Product Costing :
  • Assign costs to products or services using methods like job order costing or process costing.
  • Work closely with production and operations departments to estimate accurate product costs.
  • Internal Controls and Compliance :
  • Ensure adherence to financial controls and accounting standards.
  • Comply with internal audit processes, external audits, and governmental regulations.
  • Data Analysis and Decision Support :
  • Provide data and analysis for management's decision-making, such as pricing strategies, new project evaluations, and cost-benefit analysis.
  • Help determine the cost impact of business decisions or strategic initiatives.
  • Collaboration with Other Departments :
  • Work with the procurement, production, and finance teams to track spending and identify areas for improvement.
  • Assist with financial audits by providing relevant data and supporting documentation.

Skills Required :

  • Analytical Skills : Ability to analyze and interpret data, identify trends, and make recommendations.
  • Detail-Oriented : Precision and accuracy are crucial, especially when dealing with costs, forecasts, and financial reports.
  • Communication Skills : Must be able to present complex financial data clearly and effectively to non-financial stakeholders.
  • Proficiency in Accounting Software : Familiarity with tools like QuickBooks, SAP, Oracle, or specialized costing software.
  • Excel Skills : Strong knowledge of Excel, including formulas, pivot tables, and financial modeling.
  • Problem-Solving : Ability to identify cost issues and implement corrective actions.
  • Qualifications :

  • Education : A degree in Accounting, Finance, or a related field. Many cost accountants also have certifications, such as Certified Management Accountant (CMA) or Chartered Accountant (CA).
  • Experience : Typically, 3–5 years of experience in accounting or cost analysis.
  • Certifications : While not always required, certifications such as the CMA or CIMA can enhance job prospects and career growth.
  • Job Types : Full-time, Permanent

    Pay : ₹45, ₹50,000.00 per month

    Benefits :

  • Leave encashment
  • Education :

  • Master's (Preferred)
  • Experience :

  • Cost accounting : 3 years (Preferred)
  • Budgeting : 3 years (Preferred)
  • Data analytics : 3 years (Preferred)
  • License / Certification :

  • ICMAI CMA (Preferred)
  • Work Location : In person

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