Strategic Cost Management Professional

1 day ago

Chandigarh, Chandigarh, India beBeeCosting Full time ₹ 12,00,000 - ₹ 18,00,000
Job Title: Assistant Manager Costing

Key Responsibilities:

  • Cost Analysis: Collects, classifies, and analyzes cost information for products and services to understand actual costs and variances from standard costs.
  • Standard Cost Development: Establishes and maintains standard costs for materials, labor, and overhead in the accounting system.
  • Budgeting & Forecasting: Assists in the development and maintenance of annual budgets and forecasts, and prepares detailed cost reports.
  • Variance Analysis: Analyzes actual costs against budgeted or standard costs to explain differences (variances) and identify areas for improvement.
  • Profitability Analysis: Evaluates the profitability of products, services, and business processes to inform strategic pricing and decision-making.
  • Inventory Management: Monitors inventory levels, performs stock counts, and values inventory.
  • Process Improvement: Recommends changes to operational and financial processes to reduce costs and increase efficiency.
  • Reporting: Prepares financial and management reports to provide insights into the company's cost performance and financial standing.
  • Compliance: Ensures accuracy of cost accounting data and compliance with accounting standards.

Qualifications:

  • A Bachelor's degree in B.Com/M.Com / Accounting, Cost Accounting: Demonstrated understanding of accounting principles, financial analysis, and cost management.
  • 10-15 years' of costing experience in a manufacturing setup: Proven track record of effective cost management and control.
  • Strong verbal or written communication skills: Ability to effectively communicate complex financial concepts to both technical and non-technical stakeholders.

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