Hindustan Foods - Cost Manager

Required skills and qualifications:

- A qualified Cost Accountant with a specialization in Costing & Accountancy.

- 5+ years of experience in the Costing field or an equivalent role.

- Proficiency in accounting/Costing software.

- Excellent communication and presentation skills in discussing financial reports.

- Unswerving critical, analytical, and interpretation capabilities.

- Integrity, with an ability to handle confidential information.

Job Description:

- He will be able to collect, analyse and report on cost accounting data.

- This includes preparing standard cost reports, monitoring inventory levels, cost comparisons, product costing analysis, tracking variances.

- Prepare budgeting reports by collecting information and data points from various departments within the organisation.

- Examine costs of production to determine the most efficient methods of production.

- Ensure accurate classification of expenses under Generally Accepted Accounting Principles (GAAP).

- He should be able to reduce cost and study product pricing to ensure the best possible return on investment for the company.

- Analyse manufacturing costs and prepare periodic reports comparing standard prices to actual production costs.

- Participate in physical inventory counts to ensure the accuracy of inventory records.

- Monitor the accumulation of all direct labour, overhead and other manufacturing-related expenses.

- Review standard and actual costs and find out reasons for variances.

- Identify and recommend cost-effective solutions.

- He will also collaborate with other departments to ensure accurate budgeting and forecasting processes.

- He should have finance and costing background, an analytical mindset, and excellent problem-solving skills.

- Collect cost information and maintain an expenses database.

- Prepare budgeting reports (for the company and for each department).

- Analyse and report profit margins