Job Description

Role & responsibilities 1. Costing Analysis & Reporting : Calculate and maintain accurate product costs for all manufactured goods and services. Develop cost models and perform cost allocation methodologies to track cost drivers across the production cycle. Generate monthly, quarterly, and annual cost reports for management review. Perform variance analysis to identify cost discrepancies, and provide recommendations for improvement. Coordinate with Sales Costing for improving the accuracy of the quote and pricing 2. Collaboration and Cross-functional Support : Collaborate with procurement teams to ensure accurate costs for raw materials and supplies. Work with production teams to understand and document manufacturing processes and related costs. Provide costing support to the sales team to help in pricing strategies and product profitability analysis. 3. Product Profitability Analysis : Analyze the profitability of individual products or product lines, recommending pricing adjustments or cost-cutting measures where necessary. Assist the finance team in forecasting and budgeting by providing detailed product cost estimates and scenario analyses. 4. Cost Control and Optimization : Identify areas for cost reduction and efficiency improvements in the production process. Suggest measures to optimize resource usage, production processes, and logistics for reducing product costs. Preferred candidate profile Educational Qualification- ICWA/CA/CA-Inter 3-7 years of experience as a Cost Accountant, Cost Analyst, Accountant or similar role in a manufacturing industry Thorough knowledge of accounting procedures Computer literacy, MS Excel in particular (familiarity with VLOOKUPs and pivot tables and Excel Spreadsheets) Excellent analytical skills with an attention to detail Strong time management skills