Description :

Job Title: Cost Accountant

Experience : 2-5 years

Location : New Delhi

Key Responsibilities:

Collaboration:

Work closely with other departments, such as production, procurement, and sales, to gather relevant data and insights.

Provide training and support to staff on cost management practices.

Compliance and Auditing:

Ensure compliance with financial regulations and standards.

Assist in internal and external audits by providing necessary documentation and explanations.

Process Improvement:

Identify and recommend cost-saving initiatives and process improvements.

Conduct cost-benefit analyses for new projects and initiatives.

Financial Reporting:

Prepare monthly, quarterly, and annual financial reports related to costs and profitability.

Collaborate with the finance team to ensure accurate financial statements.

Inventory Management:

Track and analyze inventory costs, including raw materials, work-in-progress, and finished goods.

Implement inventory control measures to minimize waste and optimize stock levels.

Budgeting:

Develop and manage budgets, ensuring alignment with organizational goals.

Monitor budget performance and provide variance analysis.

Cost Analysis:

Analyze production costs and variances to identify areas for improvement.

Prepare detailed cost reports and forecasts to assist management in strategic planning.