Asst Manager Costing

As a Cost Accountant, your primary responsibility will involve analyzing product costing and process cost to enhance profitability for the organization. You will be tasked with setting product standards, providing management with valuable data, and recommending strategies to reduce waste and optimize operations. Your role will include analyzing labor and overhead costs, managing inventory and standard cost data, preparing budget and variance reports, conducting audits, and collaborating with various departments on cost-related matters. Your core responsibilities will encompass the following key areas: Cost Analysis: You will be responsible for collecting, classifying, and analyzing cost information related to products and services to gain insights into actual costs and variances from standard costs. Standard Cost Development: You will play a crucial role in establishing and maintaining standard costs for materials, labor, and overhead within the accounting system. Budgeting & Forecasting: Your assistance will be required in developing and maintaining annual budgets and forecasts, as well as preparing detailed cost reports to support financial planning. Variance Analysis: You will conduct in-depth analyses of actual costs compared to budgeted or standard costs to identify differences (variances) and opportunities for enhancement. Profitability Analysis: Evaluating the profitability of products, services, and business processes will be essential to facilitate strategic pricing and decision-making within the organization. Inventory Management: Monitoring inventory levels, conducting stock counts, and valuing inventory accurately will be part of your responsibilities. Process Improvement: You will be expected to recommend operational and financial process changes to drive cost reduction and operational efficiency. Reporting: Your role will involve preparing financial and management reports to offer insights into the company's cost performance and financial status. Compliance: Ensuring the accuracy of cost accounting data and adherence to accounting standards will be a critical aspect of your responsibilities. Qualifications required for this role include a Bachelor's degree in B.Com/M.Com/Accounting or Cost Accounting, along with 10-15 years of costing experience in a manufacturing setup. Strong verbal and written communication skills are essential for effective interaction within the team and with other departments. Location: Andheri East, Mumbai As a Cost Accountant, you will play a pivotal role in driving cost efficiency, optimizing operations, and supporting the financial well-being of the organization through meticulous cost analysis and strategic decision-making.,