Cost Analyst

Job Description

Job Summary: We are seeking a detail-oriented and analytical Cost Analyst to join our finance team. The ideal candidate will be responsible for preparing cost analyses, identifying cost-saving opportunities, and supporting budgeting and forecasting processes. This role plays a critical part in guiding strategic decisions through data-driven insights. Key Responsibilities: Analyze production costs, overhead, and variances to actual results to identify key trends and cost-saving opportunities. Prepare detailed cost reports, profitability analysis, and inventory valuations. Collaborate with operations, procurement, and manufacturing teams to understand and improve cost structures. Monitor and report on standard costs and perform cost reconciliations. Support annual budgeting and quarterly forecasting processes. Develop financial models to evaluate pricing strategies, vendor contracts, and capital expenditures. Assist with month-end close activities related to cost accounting. Ensure compliance with internal policies and external regulations. Qualifications: Bachelor’s degree in Accounting, Finance, Economics, or a related field (CPA/CMA is a plus). 2–5 years of experience in cost analysis, cost accounting, or financial analysis. Strong analytical and problem-solving skills with attention to detail. Proficiency in Microsoft Excel and financial software (e.g., SAP, Oracle, or similar ERP systems). Excellent communication skills and the ability to explain complex data clearly. Knowledge of manufacturing, supply chain, or industrial sectors is advantageous. Preferred Skills: Experience with data visualization tools (e.g., Power BI, Tableau). Familiarity with lean manufacturing and cost reduction strategies. Advanced Excel skills (pivot tables, VLOOKUPs, macros). Job Type: Full-time Pay: ₹15,000.00 - ₹23,000.00 per month Benefits: Provident Fund Schedule: Day shift Work Location: In person