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SAP Cost Accountant

1 - 4 years

3 - 6 Lacs

Posted:1 hour ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role & responsibilities

Cost Analysis and Management: 
Analyzing various costs, including raw materials, production, and overhead, to identify areas for cost reduction and efficiency improvements. Budgeting and Forecasting: Developing and managing budgets, forecasting future costs, and providing financial insights to support strategic decision-making. Financial Reporting: Preparing and presenting financial reports, including cost variance analysis, to track performance and identify areas of concern. Pricing Strategy: Contributing to pricing strategies based on cost analysis and market conditions to maximize profitability.  Collaboration: Working closely with other departments, such as production, procurement, and sales, to ensure alignment on cost management strategies. Process Improvement: Identifying and implementing process improvements to optimize cost structures and enhance overall financial performance. Compliance: Ensuring compliance with accounting standards and regulations. Key Skills and Qualifications: Strong analytical and problem-solving skills: Essential for analyzing cost data, identifying trends, and developing solutions. Proficiency in financial modeling and analysis: Required for developing budgets, forecasting costs, and conducting variance analysis. Excellent communication and presentation skills: Needed to effectively communicate financial information to various stakeholders. Knowledge of costing principles and accounting standards: Essential for accurately analyzing costs and preparing financial reports. Experience with accounting software and systems: Helpful for managing financial data and generating reports. Bachelor's or Master's degree in finance, accounting, or a related field: Typically required for this level of role. Years of experience in a finance or costing role: Relevant experience is usually required, with senior roles requiring more experience. In essence, a JD Executive Finance Costing role is vital for ensuring a company's financial health by optimizing cost structures and contributing to informed decision-making  

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