Rediffusion Brand Solutions Private Limited
Location
Mumbai | India
Job description
Job Title: Cost Accountant Company: Rediffusion Brand Solutions Private Limited Location: Mumbai Job Type: Full-time Job Overview: We are seeking a detail-oriented and experienced Cost Accountant to join our finance team. As a Cost Accountant, you will play a crucial role in analyzing costs, preparing budget reports, and ensuring the efficient allocation of resources within the company. The ideal candidate will have a strong background in cost accounting, excellent analytical skills, and the ability to work collaboratively with various departments. Key Responsibilities: Cost Analysis: Analyze costs associated with advertising campaigns, projects, and other business activities. Evaluate cost variances and identify areas for improvement in cost control. Budgeting and Forecasting: Work closely with the finance team to develop and monitor budgets for advertising projects. Prepare financial forecasts based on historical data and upcoming projects. Financial Reporting: Generate accurate and timely financial reports related to costs, budgets, and forecasts. Present financial information to management and provide insights into cost-saving opportunities. Variance Analysis: Conduct variance analysis to compare actual costs to budgeted costs. Investigate and explain any significant variances and recommend corrective actions. Inventory Management: Monitor and control inventory levels, ensuring accuracy and timely reporting. Collaborate with procurement and production teams to optimize inventory costs. Process Improvement: Identify opportunities for process improvements in cost accounting procedures. Implement efficiency measures to enhance the accuracy and timeliness of cost reporting. Compliance: Ensure compliance with relevant accounting standards, regulations, and company policies. Assist in internal and external audits related to cost accounting. Collaboration: Work closely with cross-functional teams, including finance, marketing, and production, to gather relevant data and insights. Collaborate with project managers to track costs and ensure adherence to budgets. Qualifications: Bachelor's degree in Accounting, Finance, or a related field. Professional certification (e.g., CMA, CPA) is a plus. Proven experience as a Cost Accountant in the advertising or related industry. Strong knowledge of cost accounting principles and practices. Proficiency in accounting software and Microsoft Excel. Excellent analytical and problem-solving skills. Strong attention to detail and accuracy. Effective communication and interpersonal skills. Ability to work independently and collaboratively in a team environment. Experience : More than 5 years
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