Cost Accountant (Surat)

Cost Accountant (Surat)

27 Sep
|
Kahani By I2c Events
|
Surat

27 Sep

Kahani By I2c Events

Surat

About Kahani by i2c Events
Kahani by i2c Events is a premium wedding and event management company specializing in luxury weddings, destination weddings, corporate events, and experiential celebrations. We believe in delivering exceptional experiences while maintaining strong financial discipline and operational efficiency.
We are looking for a detail-oriented and analytical Cost Accountant who can accurately analyze, control, and optimize project costs to support profitable business growth.

Role Overview
The Cost Accountant will be responsible for monitoring, analyzing, and controlling costs associated with events, projects, vendors, materials, and operations. The ideal candidate should have strong expertise in cost accounting, budgeting, financial analysis, profitability tracking, and MIS reporting.
This role requires a skilled who can study project costs in detail, identify cost-saving opportunities, maintain financial accuracy, and provide management with actionable insights for decision-making.

Key Responsibilities
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.

Required Skills & Competencies
Strong understanding of Cost Accounting principles.
Expertise in Budgeting and Financial Analysis.
Strong analytical and numerical abilities.
Cost control and profitability management skills.
Advanced Excel and MIS reporting skills.
Attention to detail and accuracy.
Strong problem-solving abilities.
Ability to interpret financial data and provide recommendations.
Good communication and presentation skills.
Strong organizational and time management skills.

Technical Skills
Candidates should have practical knowledge of:
Advanced Microsoft Excel
Costing Models & Cost Sheets
MIS Reporting
Tally ERP / Tally Prime
Zoho Books (Preferred)
Financial Analysis Tools
Google Sheets
Power BI (Preferred)
ERP Systems (Preferred)

Education & Experience




Education
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.

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.
Strong exposure to budgeting, costing, and profitability analysis.

Preferred Industry Background
Candidates from the following industries will be preferred:
Event Management
Wedding Industry
Hospitality
Manufacturing
Construction & Interior Projects
Production-Based Businesses
Service Industry
Project-Based Organizations

Ideal Candidate Profile
Strong command over cost accounting and financial analysis.
Ability to study and analyze project costs in depth.
Detail-oriented and highly organized.
Strong business and commercial understanding.
Data-driven decision-maker.
Ability to identify cost-saving opportunities and improve profitability.
Comfortable working with multiple projects and tight deadlines.
Proactive and solution-oriented mindset.

Key Performance Indicators (KPIs)
Accuracy of project costing.
Profitability analysis and reporting.
Budget variance control.
Cost optimization initiatives implemented.
Timeliness of MIS reports.
Vendor cost analysis effectiveness.
Reduction in cost leakages and wastage.

Why Join Kahani by i2c Events?
Opportunity to work with a growing premium event brand.
Exposure to large-scale weddings and event projects.
Direct involvement in business profitability and financial strategy.
Growth-oriented and collaborative work environment.
Opportunity to build structured costing systems.

Compensation
Salary Range: ₹20,000 – ₹50,000 per month
(Based on qualification, experience, and skill fit.)

Industry: Events | Weddings | Hospitality | Project-Based Services | Finance & Cost Management

📌 Cost Accountant (Surat)
🏢 Kahani By I2c Events
📍 Surat

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