Senior Cost Controller

1 day ago

Chennai, Tamil Nadu, India beBeeCostReduction Full time ₹ 20,00,000 - ₹ 25,00,000

Material Cost Analyst

Description:

We are seeking a highly skilled Material Cost Analyst to play a critical role in coordinating processes, preparing analyses, and participating in business planning. The successful candidate will have a proven track record of performing monthly material cost analysis, scrutinizing variances, and identifying potential cost-saving opportunities.

The ideal candidate will have strong knowledge of cost estimation, cost reduction strategies, and financial analysis. Proficiency in data analysis tools and relevant software for cost analysis is also essential.

This is an excellent opportunity for a professional with a background in finance, accounting, or a related field to drive and achieve cost reduction targets through strategic negotiations and initiatives.

Key Responsibilities:
  • Perform monthly material cost analysis and identify potential cost-saving opportunities.
  • Monitor and track inflation for raw materials and components.
  • Estimate material costs for monthly forecasts and annual operating plans.
  • Ensure timely completion of cost audit reporting and filing to meet regulatory requirements.
  • Drive and achieve cost reduction targets through strategic negotiations and initiatives.
Requirements:
  • Educational background in finance, accounting, or a related field (CA or ICWA required).
  • Proven professional experience in material cost analysis, ideally in a manufacturing or supply chain context.
  • Strong knowledge of cost estimation, cost reduction strategies, and financial analysis.
  • Proficiency in data analysis tools and relevant software for cost analysis.
  • Effective communication and negotiation skills for collaborating with internal teams, vendors, and customers.
Benefits:
  • Opportunity to work on diverse projects
  • High emphasis on career growth
  • Flexible work culture
  • Extensive leave options for work-life-balance
  • Dynamic culture of recognition, wellness programs, and more

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