Finance Analyst - Ahmedabad

0 - 1 years

3 - 4 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Key Responsibilities

Cost Accounting & Budgeting

  • Perform cost accounting for the manufacturing unit, including calculation of material, labor, and overhead costs.
  • Analyze and reconcile production costs with actual expenditure.
  • Assist in preparation of cost sheets, standard costing, and variance analysis.
  • Support in preparation and monitoring of annual budgets and forecasts.
  • Evaluate product costing and profitability to support pricing and management decisions.

Financial Analysis

  • Analyze financial statements and operational data to assess performance and profitability.
  • Develop and maintain financial models for forecasting, budgeting, and variance analysis.
  • Monitor production costs, inventory valuation, and overhead allocation to optimize margins.
  • Collaborate with production, procurement, and logistics teams to align financial goals with operational efficiency.
  • Prepare monthly, quarterly, and annual financial reports for management review.

Audit & Compliance

  • Conduct internal audits of manufacturing processes, inventory controls, and cost accounting systems.
  • Ensure compliance with internal policies, industry regulations, and statutory requirements.
  • Review and validate BOM (Bill of Materials), labor costs, and overhead absorption rates.
  • Identify control weaknesses and recommend corrective actions to improve financial integrity.

Required Skills

  • Strong analytical and problem-solving skills
  • Proficiency in ERP systems (e.g., Tally) and Excel-based financial modelling
  • Familiarity with cost accounting principles
  • Knowledge of internal controls and audit procedures
  • Excellent communication and cross-functional collaboration abilities

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