Chief Cost Strategist

6 days ago

Mumbai, Maharashtra, India beBeeAccountant Full time ₹ 40,00,000 - ₹ 60,00,000
Costing Specialist

A Costing Specialist is responsible for analyzing product costs, process costs, and developing strategies to improve profitability. They provide management with data-driven insights to reduce waste and optimize operations.

  • Cost Analysis: The Costing Specialist collects, classifies, and analyzes cost information 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, preparing 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.

Required Skills:

  • A Bachelor's degree in B.Com/M.Com / Accounting, Cost Accounting
  • 10-15 years' of costing experience in a manufacturing setup
  • Strong verbal or written communication skills

Benefits:

  • Opportunity to work with a leading organization
  • Competitive salary and benefits package

Location: Andheri East, Mumbai

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