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Cost Accountant

10.00 to 15.00 Years   Mumbai City   16 Oct, 2023
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryTextile / Garments / Fashion
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

Job Description

    Roles & Responsibilities: -
    • Collect cost information and maintain an expenses database
    • Construct data accumulation systems
    • Determine fixed costs (e.g. salaries, rent and insurance)
    • Plan and record variable costs (e.g. purchases of raw material and operations costs)
    • Review standard and actual costs for inaccuracies
    • Prepare budgeting reports (for the company and for each department)
    • Analyze and report profit margins
    • Prepare (monthly, quarterly and annual) cost forecasts
    • Assisting in month-end and year-end closing
    • Identify and recommend cost-effective solutions
    • Proven work experience as a Cost Accountant, Cost Analyst, Accountant or similar role
    • Thorough knowledge of accounting procedures
    • In-depth understanding of Generally Accepted Accounting Principles (GAAP)
    • Experience with accounting software, like FreshBooks and Zoho
    • Computer literacy, MS Excel in particular (familiarity with VLOOKUPs and pivot tables)
    • Excellent analytical skills with an attention to detail
    • Strong time management skills
    • Integrity, with an ability to handle confidential information

Keyskills :
report preparationaccountingbudgeting

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