Cost Analyst

5 days ago

Mumbai, India Nuvama Group Full time
We are seeking a detail-oriented and analytical professional to join our Finance team as a Cost Analyst . The successful candidate will be responsible for conducting in-depth analysis of employee-related expenses, operational overheads, and other cost drivers. This role is integral to identifying cost-saving opportunities and supporting strategic decisions that drive profitability and efficiency across the organization.
Functional Responsibilities:

Analyze and monitor employee-related expenses, including salaries, bonuses, incentives, and benefits.
Track and evaluate operational costs across functions such as IT, Admin, Legal, and other support departments.
Develop and maintain cost models to forecast, track, and report key financial metrics and trends.
Support the creation of department-wise annual budgets and business planning exercises.
Identify and recommend cost optimization opportunities and assist in implementing cost-control initiatives.
Prepare, automate, and present comprehensive cost reports and dashboards for senior leadership and stakeholders.
Collaborate with cross-functional teams to ensure accurate cost allocation and financial reporting.

Experience:
3–5 years of relevant experience in cost analysis, financial planning & analysis (FP&A), or management reporting, preferably within the financial services or related industries.

Qualification:

Bachelor’s/Master's degree in Finance, Accounting, Economics, or a related field.

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