1 Nilons Enterprises Job

Nilons Enterprises Hiring for Cost Accountant

Location : Pune

Key roles of a cost accountant: Their primary responsibility is to manage, analyze, and reduce

costs while maximizing profitability.

1. Cost Planning and Budgeting

• Preparing budgets and forecasting expenses.
• Establishing cost standards and determining resource requirements.
• Monitoring and analyzing budget deviations.

2. Cost Analysis and Control

• Evaluating production processes, materials, and labor to identify cost-saving opportunities.
• Monitoring actual costs against standard costs and reporting variances.
• Implementing cost control measures to improve efficiency.

3. Cost Reporting

• Preparing detailed cost reports for management to support decision-making.
• Providing insights into areas such as profitability by product, department, or service.
• Ensuring reports comply with accounting standards and regulatory requirements.

4. Product Pricing

• Assisting in determining the pricing of products or services based on cost data.
• Evaluating competitive pricing and suggesting adjustments to improve profitability.

5. Inventory Management

• Monitoring inventory costs and ensuring proper valuation of stock.
• Implementing measures to minimize inventory-related expenses, such as holding costs and wastage.

6. Financial and Operational Decision Support

• Advising management on financial strategies, such as cost reduction, capital investments, or new project feasibility.
• Analyzing the financial implications of operational decisions.

7. Compliance and Auditing

• Ensuring compliance with statutory regulations and standards related to costing.
• Supporting internal and external audits with accurate cost data and analysis.

If interested kindly share your updated resume on bhakti.das@nilons.net