Profile: Cost Accountant

Experience:

- 2-4 years of experience in Cost Accounting, Management Accounting, Financial Analysis, or Project Costing.
- Experience in Event Management, Hospitality, Manufacturing, Construction, Production, or Project-Based Industries preferred.
- Robust exposure to budgeting, costing, and profitability analysis.

Roles:

1. Cost Analysis & Cost Control

- Prepare detailed cost sheets for events and projects.
- Analyze actual costs versus budgeted costs.
- Monitor project profitability and margins.
- Identify cost variances and recommend corrective actions.
- Conduct detailed cost studies for events, production, logistics, and vendor expenses.
- Develop systems for cost optimization and expense control.

2. Budgeting & Financial Planning

- Assist in project budgeting and forecasting.
- Prepare cost estimates for upcoming projects and events.
- Support management in financial planning and decision-making.
- Monitor departmental budgets and expenditures.
- Ensure adherence to approved budgets.

3. Event & Project Costing

- Calculate event-wise and project-wise costing.
- Track décor, production, logistics, hospitality, manpower, and operational costs.
- Maintain detailed profitability reports for each project.
- Analyze revenue versus expense performance.
- Support sales and client servicing teams with costing inputs during proposal preparation.

4.



Vendor Cost Management

- Review vendor quotations and comparative statements.
- Evaluate vendor pricing structures.
- Track purchase costs and procurement expenses.
- Assist in vendor negotiations through cost analysis.
- Maintain records of vendor rates and historical costing data.

5. MIS & Financial Reporting

- Prepare weekly, monthly, and project-wise MIS reports.
- Generate cost analysis reports for management review.
- Present profitability reports and financial insights.
- Maintain accurate financial records and documentation.
- Develop dashboards and reports for cost monitoring.

6. Inventory & Resource Cost Tracking

- Monitor inventory utilization and costing.
- Track material consumption and wastage.
- Analyze resource allocation costs.
- Recommend process improvements to reduce wastage and improve efficiency.

7. Internal Controls & Compliance

- Ensure compliance with company financial policies.
- Maintain accurate costing documentation and audit trails.
- Support internal and external audits.
- Ensure financial data accuracy and reliability.

Qualification:

- Bachelor's Degree in Commerce, Accounting, Finance, or related field.
- CMA (Cost & Management Accountant) Qualified / Semi-Qualified preferred.
- CA Inter / M. Com candidates with strong costing experience may also apply.

📌 Cost Accountant-Event-Surat-6 LPA (India)
🏢 Rishi Jobs
📍 India