Kotak Bank Recruitment 2023-24

Kotak Mahindra Bank is searching for a skilled and analytical Cost Accountant to join their finance team. In this role, you'll play a crucial part in developing and implementing cost accounting systems, analyzing cost data, and providing valuable insights to optimize operational efficiency and profitability.

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Responsibilities:

• Develop and implement cost accounting systems and procedures for various departments and activities.
• Analyze cost data from different sources to identify cost drivers, variances, and areas for improvement.
• Prepare cost reports and statements, including cost estimates, budgets, and variances analyses.
• Conduct cost-benefit analyses and feasibility studies for new projects and initiatives.
• Assist with budgeting and forecasting activities.
• Monitor adherence to cost control measures and recommend corrective actions.
• Collaborate with other teams on various cost-related projects and initiatives.
• Stay up-to-date on cost accounting best practices and regulations.

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Skills:

• Master's degree in Cost Accounting, Finance, or a related field.
• Minimum 3 years of experience in cost accounting, preferably in the banking industry.
• Strong understanding of cost accounting principles and practices, including costing methods, variance analysis, and budgeting.
• Proficiency in financial modeling and analytical tools (e.g., Excel, Power BI).
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.