Cost Accountant

JD For Cost Accountant

• Analyse and interpret cost data to identify trends and potential cost saving opportunities.
• Develop and maintain standard cost models for products and services.
• Monitor inventory levels and variances, ensuring accurate inventory valuation.
• Identify inefficiencies in current cost accounting processes and implement improvements to streamline data collection and reporting.
• Develop and maintain robust internal controls to ensure accuracy and reliability of cost data.
• Collaborate with cross-functional teams to optimize workflows and improve overall operational efficiency.
• Analyse inventory turnover rates and identify potential stock issues.
• Collaborate with production teams to optimize inventory management practices.
• Participate in the budgeting process by providing cost estimates for upcoming projects.
• Monitor actual costs against budgeted amounts and identify significant variances.
• Prepare cost forecasts for future periods based on historical data and business trends.
• Identify and implement cost-saving initiatives across departments.
• Analyze production processes to identify potential cost reduction opportunities.
• Collaborate with cross-functional teams to optimize operational efficiency.
• Prepare accurate and timely cost accounting reports for management review.
• Ensure compliance with accounting standards and internal controls related to cost accounting.

Please share resume at hr@wslindia.com