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Cost analyst

  • Accounting
  • Full time
  • 10 months ago
  • Nottingham

Job Information

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    Salary Up to £30000 / Monthly
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    Job Experience : 3 years

Job Description

We are looking for a cost analyst to help us audit our expenses and find ways to make our operations more cost-efficient.

You’ll be the go-to person for cost analysis and you’ll get to prepare reports to help management make better decisions. To do this job well, we’d like you to be well-versed in data and financial analysis, and have strong attention to detail.

Ultimately, your job will be an integral part of our efforts to ensure profitability and business success.

Responsibilities
Gather and analyse financial data
Determine standard costs and investigate variances with actual costs
Prepare detailed reports, both periodically and ad-hoc
Help management make important decisions based on costs and benefits (e.g. investments, market growth, pricing changes)
Create and manage budgets, and monitor spending
Conduct audits on financial processes and transactions
Monitor changes in processes or methods to calculate effects on overall costs
Estimate product costs for existing and new products
Forecast and analyze costs of processes, labor and inventory
Suggest cost-reducing or profitable solutions
Conduct market research to support future business planning

Requirements
Proven experience as a cost analyst, cost specialist or similar role
Experience in data, operational and financial analysis
Knowledge of accounting processes and software
Strong analytical skills
A business acumen
Great attention to detail
Good communication aptitude
Degree in Finance, Accounting or similar field; Certified Public Accountant (CPA) preferred

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