
Expert Cost Controller
5 days ago
The role of a Financial Manager is critical in driving business growth by analyzing costs, managing finances, and implementing cost-saving strategies.
Key Responsibilities:
- Develop and maintain accurate cost sheets for products/services, including direct and indirect cost components.
- Conduct detailed analysis of costs to identify cost-saving opportunities and recommend optimization strategies.
- Track and update costs for raw materials, labor, overhead, and other expenses in real-time.
- Collaborate with procurement and production teams to ensure cost efficiency in sourcing and manufacturing.
- Compare actual costs with budgets/estimates and investigate variances to propose corrective actions.
- Prepare financial forecasts, budgets, and cash flow reports to support business planning.
- Provide insights on break-even analysis, pricing strategies, and margin improvement opportunities.
- Support management in decision-making with detailed cost-benefit analysis for investments and projects.
- Ensure compliance with internal policies and external regulations related to finance and costing.
- Presents periodic cost analysis reports and financial insights to senior management.
- Works closely with the accounts team to ensure accurate accounting of costs and inventory.
- Collaborates with cross-functional teams to enhance processes and achieve cost efficiency.
Required Skills and Qualifications:
- MBA/CA or ICWA degree.
- 5-7 years of experience in cost analysis, business finance, or management accounting.
- Strong proficiency in MS Excel and financial modeling tools.
- Familiarity with ERP systems (e.g., Pharmacloud).
- Analytical mindset with attention to detail and ability to interpret complex financial data.
- Excellent communication and interpersonal skills to interact with various stakeholders.
Benefits and Working Conditions:
This role will be based in Prayagraj, India, and will report directly to the DGM Finance - HO.
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