Our client is looking for a Cost analysts / Accounting person who has extensive experience in a manufacturing company. The primary duty of a cost analyst is to gather financial data (e.
g. inventory purchases, labor costs) and analyze it to uncover inefficiencies. They may estimate production costs and track the changes in regular costs (e.
g. due to new products and new processes).
Minimum Qualification : Bachelor
Experience Level : Mid level
Experience Length : 5 years
Years of Experience -5-10 years
The ideal candidate should have extensive experience in the following roles and responsibilities
Gather and analyze financial data
Determine standard costs and investigate variances with actual costs
Prepare detailed reports, both periodically and ad-hoc
Help management make important decisions based on costs and benefits (e.g. investments, market growth, pricing changes)
Create and manage budgets, and monitor spending
Conduct audits on financial processes and transactions
Monitor changes in processes or methods to calculate effects on overall costs
Estimate product costs for existing and new products
Forecast and analyze costs of processes, labor and inventory
Suggest cost-reducing or profitable solutions
Conduct market research to support future business planning
Study corporate expenses and create reports for management.
Proven experience as a cost analyst, cost specialist or similar role
Experience in data, operational and financial analysis
Knowledge of accounting processes and software
Strong analytical skills
A business acumen
Great attention to detail
Good communication aptitude
Degree in Finance, Accounting or similar field; Certified Public Accountant (CPA) preferred