Cost Accountant-Manufacturing & Export Company

Position-Cost Accountant

Location- Mulund

The ideal candidate will have min 2-4 years of experience in Cost Reduction Area and

will support the organization& efforts to optimize costs, improve efficiency, and enhance

profitability through thorough analysis, strategic planning, and implementation of cost-

saving measures.

Industry Specific

Key Responsibilities:

• Analyze existing cost structures, including direct and indirect costs, to identify areas for

improvement and cost reduction opportunities.

• Collaborate with cross-functional teams, including operations, procurement, and

finance, to gather data, assess cost drivers, and develop cost reduction strategies.

• Conduct cost analysis and variance analysis to track performance against budgeted costs

and identify areas of overspending or inefficiency.

• Assist in the development and implementation of cost reduction initiatives, including

process improvements, supplier negotiations, and resource optimization efforts.

• Prepare cost models and financial projections to evaluate the potential impact of

proposed cost reduction initiatives on the organization's financial performance.

• Monitor and report on the progress of cost reduction projects, including tracking savings

achieved, identifying obstacles or challenges, and recommending adjustments as

needed.

• Provide support in the preparation of cost reports, presentations, and business cases to

communicate findings, recommendations, and ROI analysis to management and key

stakeholders.

• Stay update of industry trends, best practices, and emerging technologies related to

cost management and cost reduction strategies.

• Collaborate with internal audit and compliance teams to ensure adherence to internal

controls, policies, and regulatory requirements in cost reduction activities.

Qualifications & Experience:-

Candidate with ICWA degree.

Candidate should have 2-4 years of experience in cost reduction, budgeting, & related

areas of Cost Accounting & Financial Analysis from FMCG industry.