Senior Cost Management Specialist

2 weeks ago

Udaipur, Rajasthan, India beBeeCostOptimizer Full time ₹ 8,00,000 - ₹ 14,00,000

Driving Financial Efficiency is critical in today's fast-paced business environment.

Key Responsibilities
  • Cost Optimization:
    • Evaluate financial data to improve accuracy and completeness.
    • Recommend cost control measures and support performance improvement initiatives.
    • Provide insights on turnover, profitability, and expenditure to management.
  • Financial Analysis & Reporting:
    • Prepare product-wise profitability analysis and gross margin reports.
    • Develop monthly cost sheets, standard costing, and inventory valuations.
    • Analyze manufacturing costs and compare actual costs with standard costs.
    • Collect and analyze historical cost data for budgeting and forecasting.
  • Audit & Compliance:
    • Prepare cost audit reports as per the Cost Audit Report Rule.
    • Maintain cost records and ensure adherence to Cost Accounting Standards.
    • Present a fair and true financial view of the organization in compliance with regulatory requirements.
  • Process Improvement:
    • Work closely with cross-functional teams to gather cost data.
    • Support management in planning, organizing, and scheduling project costs.
    • Interact with auditors, vendors, subcontractors, and team members for financial accuracy.
    Required Skills & Qualifications
    • CMA / ICWA qualified (or equivalent).
    • 5-10 years of experience in costing, accounting, audit, and financial reporting.
    • Strong knowledge of Cost Accounting Standards and Cost Audit requirements.
    • Proficiency in financial software, SAP/ERP systems, and MS Excel.
    • Excellent analytical, problem-solving, and communication skills.
    • Ability to handle multiple priorities and meet strict deadlines.

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