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Max: 25 years

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Connectivity Technical Project Manager

Hitachi Energy

3.0 - 5.0 years

3 - 5 Lacs

Bengaluru, Karnataka, India

On-site

Position Overview The Supply Chain Planner will be responsible for managing the Supply Chain Planning for project overheads. The role involves a wide range of responsibilities from strategic planning to administrative tasks ensuring timely material delivery, cost estimation, and logistics coordination for international projects and bids. Key Accountabilities For International Projects/Bids: Ensure timely delivery of materials for single medium complexity or multiple low complexity projects according to the Integrated Project Schedule and budget. Finalize and submit make-or-buy external cost estimation. During Project Execution: Estimate overall external costs (materials, services, packages, ...

Posted 1 week ago

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CA / CMA Professionals

Talent Worx

4.0 - 14.0 years

Hyderabad

On-site

As a Chartered Accountant (CA), Cost and Management Accountant (CMA), or a professional with equivalent qualifications, you have the opportunity to join a forward-thinking finance team of a reputable organization in the Real Estate industry. Your prior experience in the Real Estate sector will be highly valued, providing insights into industry-specific financial practices, compliance, and reporting. Key Responsibilities: - Utilize your expertise in financial management, compliance, and strategic planning to contribute to the success of the finance team. - Demonstrate strong analytical and problem-solving skills in handling financial reporting, budgeting, and compliance tasks. - Effectively c...

Posted 3 weeks ago

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Assistant Officer, Personal Banker, Consumer Banking Group

DBS Bank

1.0 - 2.0 years

4 - 5 Lacs

Mannargudi

Work from Office

As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our customers realise their dreams and aspirations at every life stage. Our financial solutions are not only the best in the business they we're made just for you. Acquiring new accounts (Current and Savings) from branch catchment area Quality sourcing of salary accounts from corporates Activate Accounts opened, UPI Linkage, M0 Balance, Savings balance and incr...

Posted 4 weeks ago

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Exploring Cost Jobs in India

In India, the cost job market is thriving with opportunities for individuals looking to pursue a career in this field. Cost professionals play a crucial role in helping organizations manage their finances effectively and make informed decisions. With the right skills and experience, job seekers can find a variety of roles in different industries across the country.

Top Hiring Locations in India

Mumbai
Bangalore
Delhi
Chennai
Pune

These cities are known for their vibrant job markets and actively hire for cost roles across various industries.

Average Salary Range

The average salary range for cost professionals in India varies based on experience and location. Entry-level positions can start at around INR 3-5 lakhs per annum, while experienced professionals can earn upwards of INR 10-15 lakhs per annum.

Career Path

In the field of cost, a typical career path may involve starting as a Cost Analyst or Cost Accountant, moving up to roles such as Cost Controller or Cost Manager, and eventually progressing to positions like Finance Director or Chief Financial Officer.

Related Skills

In addition to expertise in cost analysis and management, professionals in this field are often expected to have strong skills in financial analysis, budgeting, forecasting, and proficiency in financial software tools.

Interview Questions

What is the difference between fixed costs and variable costs? (basic)
How do you calculate the contribution margin ratio? (medium)
Can you explain the concept of activity-based costing? (medium)
How do you handle cost reduction initiatives in a company? (medium)
What are the key components of a cost management system? (basic)
How do you ensure cost control in a project? (medium)
Can you describe a situation where you had to make a difficult cost-related decision? (advanced)
What are the different methods of cost estimation? (medium)
How do you analyze cost variances and what actions do you take based on the analysis? (medium)
How do you prioritize cost-saving initiatives in a company? (medium)
Explain the concept of target costing and its importance in cost management. (medium)
What role does cost accounting play in strategic decision-making for a company? (medium)
How do you stay updated on industry trends and best practices in cost management? (basic)
Can you walk us through a cost-benefit analysis you conducted for a recent project? (medium)
How do you communicate cost-related information to stakeholders in a clear and concise manner? (medium)
Describe a time when you successfully implemented cost-saving measures in a company. (advanced)
How do you handle cost allocation in a complex organizational structure? (medium)
What role do technology and automation play in cost management? (medium)
How do you ensure compliance with cost accounting standards and regulations? (medium)
Can you give an example of a cost control strategy you implemented that resulted in significant savings for a company? (advanced)
How do you approach cost forecasting in a dynamic business environment? (medium)
What are the key challenges you have faced in cost management and how did you overcome them? (advanced)
How do you collaborate with other departments to optimize costs across the organization? (medium)
What are your strategies for managing cost risks in a project? (medium)

Closing Remark

As you prepare for interviews in the field of cost, remember to showcase your expertise in cost analysis, management, and strategic decision-making. By mastering the necessary skills and staying updated on industry trends, you can confidently pursue rewarding opportunities in the dynamic job market in India. Good luck!

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