Cost Accountant

Prakhar Software Solutions Pvt. Ltd.2007; Delhi; On-site; INR 400,000 - 600,000; Full time

Job summary

Prakhar Software Solutions Pvt. Ltd.2007 is seeking a Cost Accountant to work in New Delhi. The ideal candidate will have 2-5 years of experience and will be responsible for analyzing production costs and preparing financial reports. You will collaborate with multiple teams and ensure compliance with financial regulations.

The role involves training staff, executing cost-saving initiatives, and providing substantial inputs for audits. Join us to help optimize our financial performance.

Qualifications

• 2-5 years of experience in cost accounting or a related field.
• Strong analytical and problem-solving skills.
• Proficient in financial regulations and standards.

Responsibilities

• Gather data insights from various teams.
• Provide training on cost management.
• Ensure compliance with financial regulations.
• Assist in audits with necessary documentation.
• Implement cost-saving initiatives.

Skills

Cost management

Financial analysis

Budgeting

Inventory control

Job description

Job Title

Cost Accountant

Location

New Delhi

Experience Required

2-5 years

Key Responsibilities

• Work closely with production, procurement, and sales teams to gather relevant data and insights.
• Provide training and support to staff on cost management practices.
• Ensure compliance with financial regulations and standards.
• Assist in internal and external audits by providing necessary documentation and explanations.
• Identify and recommend cost‑saving initiatives and process improvements.
• Conduct cost‑benefit analyses for new projects and initiatives.
• Prepare monthly, quarterly, and annual financial reports related to costs and profitability.
• Collaborate with the finance team to ensure accurate financial statements.
• Track and analyze inventory costs, including raw materials, work‑in‑progress, and finished goods.
• Implement inventory control measures to minimize waste and optimize stock levels.
• Develop and manage budgets, ensuring alignment with organizational goals.
• Monitor budget performance and provide variance analysis.
• Analyze production costs and variances to identify areas for improvement.
• Prepare detailed cost reports and forecasts to assist management in strategic planning.