Cost Analyst

Year    Chandigarh, India

Job Description


this job offer closes 22 june 2025summary

  • chandigarh, punjab
  • a client of randstad india
posted 23 april 2025reference number JPC - 107312next stepsjob detailsCost Analyst - ManufacturingAbout the Role:We are seeking a highly analytical and detail-oriented Cost Analyst to join our growing team. The ideal candidate will have a proven track record in cost accounting, MIS reporting, and financial analysis within a manufacturing environment, preferably in the food processing industry. This role requires a strong understanding of cost drivers, variance analysis, and the ability to identify and implement cost optimization strategies.Responsibilities:
  • Develop and deliver accurate and timely MIS reports on inventory, production, sales, product yield, and overhead analysis.
  • Conduct in-depth cost analysis of raw materials, direct and indirect costs, and process efficiency, identifying areas for improvement.
  • Prepare product cost estimates for new and existing products, and develop price quotes for customers.
  • Monitor process changes, assess their impact on cost structure, and develop strategies for cost optimization.
  • Perform margin and contribution analysis to identify profitable products, customers, and segments.
  • Manage inventory valuation and control, investigating discrepancies and identifying opportunities to reduce waste and improve efficiency.
  • Collaborate with cross-functional teams (production, procurement, finance, and sales) to identify and implement cost-saving initiatives.
  • Assist in budget preparation and financial planning, providing valuable cost insights.
  • Utilize ERP systems (Tally Prime preferred) for accurate cost tracking and financial reporting.
  • Track productivity performance against plans on a weekly and monthly basis.
Qualifications:
  • Bachelor's or Master's degree in Commerce, Accounting, or Finance (MBA in Finance preferred). CMA (Inter) candidates will also be considered.
  • 1-3 years of experience in cost accounting, MIS, and financial analysis within a manufacturing environment (food processing experience highly preferred).
  • Advanced proficiency in Microsoft Excel (Pivot Tables, VLOOKUP, Power Query).
  • Experience using ERP systems (Tally Prime or other industry-standard ERP) for cost tracking and reporting.
  • Proven ability to work with automated costing tools and dashboards.
  • Strong analytical and problem-solving skills, with a focus on cost control and continuous improvement.
  • Excellent communication and collaboration skills.
To Apply:Please submit your resume and cover letter to [email protected] Cost Analyst - ManufacturingAbout the Role:We are seeking a highly analytical and detail-oriented Cost Analyst to join our growing team. The ideal candidate will have a proven track record in cost accounting, MIS reporting, and financial analysis within a manufacturing environment, preferably in the food processing industry. This role requires a strong understanding of cost drivers, variance analysis, and the ability to identify and implement cost optimization strategies.Responsibilities:
  • Develop and deliver accurate and timely MIS reports on inventory, production, sales, product yield, and overhead analysis.
  • Conduct in-depth cost analysis of raw materials, direct and indirect costs, and process efficiency, identifying areas for improvement.
  • Prepare product cost estimates for new and existing products, and develop price quotes for customers.
  • Monitor process changes, assess their impact on cost structure, and develop strategies for cost optimization.
  • Perform margin and contribution analysis to identify profitable products, customers, and segments.
  • Manage inventory valuation and control, investigating discrepancies and identifying opportunities to reduce waste and improve efficiency.
  • Collaborate with cross-functional teams (production, procurement, finance, and sales) to identify and implement cost-saving initiatives.
  • Assist in budget preparation and financial planning, providing valuable cost insights.
  • Utilize ERP systems (Tally Prime preferred) for accurate cost tracking and financial reporting.
  • Track productivity performance against plans on a weekly and monthly basis.
Qualifications:
  • Bachelor's or Master's degree in Commerce, Accounting, or Finance (MBA in Finance preferred). CMA (Inter) candidates will also be considered.
  • 1-3 years of experience in cost accounting, MIS, and financial analysis within a manufacturing environment (food processing experience highly preferred).
  • Advanced proficiency in Microsoft Excel (Pivot Tables, VLOOKUP, Power Query).
  • Experience using ERP systems (Tally Prime or other industry-standard ERP) for cost tracking and reporting.
  • Proven ability to work with automated costing tools and dashboards.
  • Strong analytical and problem-solving skills, with a focus on cost control and continuous improvement.
  • Excellent communication and collaboration skills.
To Apply:Please submit your resume and cover letter to [email protected]experience 5 ...

Randstad

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Job Detail

  • Job Id
    JD3666524
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chandigarh, India
  • Education
    Not mentioned
  • Experience
    Year