Qureos Mentor

Fair Exports (India) Pvt. Ltd Aluva & Mumbai

Key Responsibilities:<ul><li>Cost Analysis and Reporting:</li><li>Prepare and analyze cost reports on a regular basis (e.g., monthly, quarterly, annually).</li><li>Provide detailed reports on cost variances, explaining deviations from budgets or forecasts.</li><li>Track and report on production costs, labor costs, and overhead costs.</li><li>Budgeting and Forecasting:</li><li>Assist in creating the annual budget and monitor spending against the budget.</li><li>Provide detailed forecasts for cost structures, anticipating potential fluctuations or changes.</li><li>Cost Control:</li><li>Implement strategies to reduce costs while maintaining product or service quality.</li><li>Analyze cost drivers and make recommendations for improvements in operations.</li><li>Inventory Management:</li><li>Ensure proper inventory valuation and maintain accurate records.</li><li>Assess inventory costs, including raw materials, work in progress, and finished goods.</li><li>Product Costing:</li><li>Assign costs to products or services using methods like job order costing or process costing.</li><li>Work closely with production and operations departments to estimate accurate product costs.</li><li>Internal Controls and Compliance:</li><li>Ensure adherence to financial controls and accounting standards.</li><li>Comply with internal audit processes, external audits, and governmental regulations.</li><li>Data Analysis and Decision Support:</li><li>Provide data and analysis for management&rsquo;s decision-making, such as pricing strategies, new project evaluations, and cost-benefit analysis.</li><li>Help determine the cost impact of business decisions or strategic initiatives.</li><li>Collaboration with Other Departments:</li><li>Work with the procurement, production, and finance teams to track spending and identify areas for improvement.</li><li>Assist with financial audits by providing relevant data and supporting documentation.</li></ul>Skills Required:<ul><li>Analytical Skills: Ability to analyze and interpret data, identify trends, and make recommendations.</li><li>Detail-Oriented: Precision and accuracy are crucial, especially when dealing with costs, forecasts, and financial reports.</li><li>Communication Skills: Must be able to present complex financial data clearly and effectively to non-financial stakeholders.</li><li>Proficiency in Accounting Software: Familiarity with tools like QuickBooks, SAP, Oracle, or specialized costing software.</li><li>Excel Skills: Strong knowledge of Excel, including formulas, pivot tables, and financial modeling.</li><li>Problem-Solving: Ability to identify cost issues and implement corrective actions.</li></ul>Qualifications:<ul><li>Education: A degree in Accounting, Finance, or a related field. Many cost accountants also have certifications, such as Certified Management Accountant (CMA) or Chartered Accountant (CA).</li><li>Experience: Typically, 3&ndash;5 years of experience in accounting or cost analysis.</li><li>Certifications: While not always required, certifications such as the CMA or CIMA can enhance job prospects and career growth.</li></ul>Job Types: Full-time, PermanentPay: &#8377;45,000.00 - &#8377;50,000.00 per monthBenefits:<ul><li>Leave encashment</li></ul>Education:<ul><li>Master's (Preferred)</li></ul>Experience:<ul><li>Cost accounting: 3 years (Preferred)</li><li>Budgeting: 3 years (Preferred)</li><li>Data analytics: 3 years (Preferred)</li></ul>License/Certification:<ul><li>ICMAI CMA (Preferred)</li></ul>Work Location: In person

Cost Accountant cum Data Analysis

Join Fair Exports (India) Pvt. Ltd Aluva & Mumbai and explore 1   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

Fair Exports (India) Pvt. Ltd Aluva & Mumbai

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Cost Accountant cum Data Analysis