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Cost Analyst

Firozabad, India

Job Title: Cost Analyst

Company: Transparent Overseas
Location: Firozabad
Salary : Rs. 15000 to 20000 per month

About the Company:

Transparent Overseas is a reputed glass manufacturing and exporting firm known for delivering handcrafted, superior-quality glassware to global home décor brands. With a focus on authenticity, quality, and operational excellence, the company manages large-scale production involving raw material sourcing, manufacturing, quality control, and exports.

Role Overview:

The Cost Analyst will be responsible for analyzing, monitoring, and controlling costs at every stage of the manufacturing and export process. The role involves evaluating material costs, labor costs, production overheads, and logistics expenses to ensure optimal profitability and cost efficiency. The analyst will provide detailed insights to management for decision-making and help identify areas for cost reduction without compromising on product quality or process standards.

Key Responsibilities:

  • Analyze and monitor costs related to raw materials, production, packaging, quality control, and logistics.
  • Develop and maintain cost sheets for each order, product line, or buyer.
  • Prepare cost comparisons between estimated and actual expenditures and identify deviations.
  • Evaluate vendor quotations and support the sourcing team in cost negotiation.
  • Work closely with the production and procurement teams to determine cost-saving opportunities.
  • Conduct break-even analyses, margin analyses, and product profitability studies.
  • Monitor freight, export documentation, and other related costs to ensure overall cost efficiency.
  • Create periodic reports and dashboards summarizing cost trends, performance, and variances.
  • Ensure all costing data aligns with accounting and inventory systems (Tally/ERP).
  • Assist in preparing budgets, forecasts, and standard cost models for management review.
  • Support management in pricing strategies and financial planning for international orders.

Required Skills & Competencies:

  • Strong analytical and numerical ability.
  • Excellent command over MS Excel (VLOOKUP, Pivot Tables, Data Validation, MIS reporting).
  • Good understanding of manufacturing cost structures and export processes.
  • Strong attention to detail and ability to handle complex data sets.
  • Problem-solving mindset and ability to suggest cost optimization measures.
  • Excellent communication and reporting skills.

Educational Qualification:

  • Bachelor’s or Master’s degree in Commerce, Finance, or Business Administration.
  • Additional certification in Cost Accounting / CMA (preferred but not mandatory).

Experience Required:

  • 0-1 years of experience in costing, budgeting, or financial analysis (preferably in a manufacturing or export-based company).

Key Performance Indicators (KPIs):

  • Accuracy of cost analysis and reporting.
  • Reduction in cost variances and overheads.
  • Timeliness of report submissions.
  • Value of cost-saving initiatives implemented.

Why Join Us:

At Transparent Overseas, we believe in operational transparency and financial discipline. As a Cost Analyst, you will play a pivotal role in ensuring that every product we deliver is not only crafted with precision but also backed by smart financial efficiency and strategic cost management.

Job Types: Full-time, Permanent

Pay: ₹15,000.00 - ₹20,000.00 per month

Benefits:

  • Health insurance
  • Paid sick time
  • Provident Fund

Work Location: In person

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