A cost analyst monitors and analyzes a company's expenditures, ensures cost efficiency across departments, and supports management in strategic decision-making. This role is often found in industries such as manufacturing, logistics, retail, and construction, where tracking production and operational costs is critical.
Key Responsibilities
Collect and analyze financial data such as labor, materials, and overhead expenses.
Compare actual costs with budgeted figures and identify variances.
Develop, maintain, and update cost models and pricing structures for service lines or projects.
Provide cost forecasts and assist in long-term financial planning.
Conduct market and vendor research to identify cost-saving opportunities.
Prepare detailed reports and recommendations to support executive decision-making.
Liaise with technical and project management teams to determine process impacts on cost structures.
Ensure compliance with company financial policies and participate in audits as required.
Job Types: Full-time, Permanent, Fresher
Pay: ₹17,523.04 - ₹39,205.99 per month
Benefits:
Health insurance
Provident Fund
Work Location: In person
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