Cost Analyst - Finance

As a Cost Analyst, your role will involve supporting the finance and operations teams by analyzing cost structures, monitoring variances, and recommending cost-saving strategies. Your experience in product costing, budgeting, and variance analysis within a manufacturing or FMCG setup will be valuable for this position. - Analyze cost variances related to raw materials, labor, and overheads. - Conduct product costing and process costing for manufactured goods. - Evaluate standard costs vs. actual costs and investigate discrepancies. - Collaborate with plant teams to track production costs and identify inefficiencies. - Monitor cost drivers in the supply chain and manufacturing units. - Prepare costing sheets for new and existing products. - Assist in preparing annual budgets, standard cost rollups, and forecasting models. - Monitor monthly spending and ensure adherence to budgets. - Oversee inventory valuation and ensure correct accounting of stock in ERP. - Support internal audits and stock reconciliations. - Ensure correct application of costing methods (FIFO, weighted average, etc.) - Generate MIS reports on cost trends, profitability, and financial KPIs. - Provide insights and recommendations to senior management for cost optimization. You should possess strong knowledge of cost accounting principles and financial analysis, proficiency in MS Excel, ERP tools (e.g., SAP, Oracle, Tally, Zoho), and costing modules. An analytical mindset with attention to detail, excellent communication, and cross-functional collaboration skills are essential for this role. - Bachelors degree in Finance, Accounting, or Commerce - CMA (Cost & Management Accountant) qualified or pursuing (preferred) - 3-6 years of experience in costing or financial analysis, ideally in a product-based company In addition to the above, the job offers paid sick time, paid time off, a performance bonus, and requires in-person work location. The application deadline is 30/06/2025, and the expected start date is 01/07/2025.,