Cost Analyst – Business Planning & Control

Location:
Bengaluru

Experience:
5+ Years

Function:
Finance – Business Planning & Control

Job Overview

We are looking for an experienced
Cost Analyst
to join the Business Planning & Control function. The role will be responsible for cost control, budgeting, forecasting, cost optimization, financial analysis, and partnering with business stakeholders to ensure effective cost management.

The ideal candidate should have strong experience in
OPEX and CAPEX management
, budgeting, forecasting, cost analysis, P&L;, and financial reporting, along with excellent Excel and analytical skills.

Key Responsibilities
- Drive
cost control
and work closely with budget owners to ensure costs remain within approved budgets.
- Perform
Actual vs. Budget analysis
and provide insights to business stakeholders.
- Manage
OPEX and CAPEX budgeting, tracking, forecasting, and variance analysis
.
- Prepare and manage
OPEX rolling forecasts
.
- Identify opportunities for
cost saving and cost optimization
and support implementation.
- Perform




cost allocation/apportionment
across different Lines of Business (LOBs).
- Support
P&L; preparation and analysis
.
- Handle
cost center and General Ledger (GL)
related activities and ensure accurate cost booking.
- Manage
provisioning
, including incentive provisioning.
- Track costs related to special projects and provide regular financial updates.
- Work closely with Finance, Accounts Payable, budget owners, and other stakeholders to ensure accurate financial reporting.
- Consolidate, validate, and analyze financial data and provide actionable insights.

Mandatory Requirements
- 5+ years of relevant experience
in Cost Analysis, FP&A;, Business Finance, Financial Planning & Analysis, or Management Accounting.
- Candidates must have experience working with
service-based companies
.
- Indian accounting experience is mandatory.
- OPEX and CAPEX experience is mandatory.
- Robust understanding of
budgeting, forecast

📌 Cost Analyst – Business Planning (Bengaluru)
🏢 RANDSTAD INDIA
📍 Bengaluru