Cost Analyst

💰 ₹28,800 - ₹46,080 (Est.) 📍 Bengaluru

Job Description

Role Summary:

Role will be based in Ranipet and will report Senior Manager- Finance/Accounts.

Designation: Cost Analyst /Accountant

Key Responsibility:
• Manage Inventory/Cost Accounting
• Tracking of all BOM part code quantity and pricing
• Calculation of usage variance actual Vs BOM and investigation of abnormal variances
• Periodical review of Bill of Material
• Analysis of Price sanction form with RM Index and pricing and providing suggestions to approving authorities.
• Highlighting usage variance of raw material, consumables & utilities
• Analysis of Variances and providing suggestions/measures for improvement
• Consumption Report for Raw Materials (RMC)
• Analysis of Inventory trend for working capital management
• Identification of Slow & Non-moving Inventory & report to stores Dept for Corrective action.
• Defective Trend Analysis and Providing Suggestions for Scrap Reduction
• Reconciliation of Job workers Stock statement & calculation of usage variance
• Analyse variances and communicates explanations to management with recommended actions.
• Estimate product costs to support quoting activities.
• Analysis of all capital investments and providing suggestions to approving authorities.
• Maintenance of Fixed asset Register (FAR)
• Tracking and accounting capitalisation and ensure the accurate calculation of depreciation.
• Monthly Closing (Inventory & FA related GL entries)
• Analysis of Significant ledger accounts
• Ensure all accrual of expense are accounted in the same period of activity.
• Provide Month-wise Manufacturing OH comparison report (Division &dept wise BP Vs Actual)
• Detailed note for deviation/variation of business Plan
• Monitor and implement plant internal controls (in conjunction with corporate policies) as necessary to ensure reporting integrity, safeguard company assets, and identify risks.

Requirement:
• 2-5yrs of Exp in Auto Industry
• Passed out - CA/ICWAI
• Fluent in Tamil
• Self-driven and highly motivated
• Ability to work in an agile environment.

What do we Offer?
• Great Place to work certified.
• We offer competitive pay and benefits including medical insurance, personal accident and term insurance. We are one of the few companies to pay-out gratuity before the completion of the stipulated five years as per statute.
• We are the one among the few caterings to last mile mobility in both 2W and 3W verticals
• Culture of Innovation – Integrated R&D platform
• Equal Employment Opportunity

💡 Quick Summary

Seeking a career-building opportunity? The Cost Analyst position is now open for candidates interested in the Accountant Jobs sector. This role in Bengaluru offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.

Sponsored

Job Details

Company Name: Greaves Electric Mobility Bengaluru, Karnataka

Frequently Asked Questions

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The expected salary for Cost Analyst in Bengaluru is ₹28,800 - ₹46,080 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Cost Analyst is an on-site position based in Bengaluru. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Cost Analyst. Previous experience in Accountant Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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