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Home UAE Cost Analyst

Cost Analyst

Full time at a Laimoon Verified Company in UAE
Posted on December 18, 2024

Job details

Inst. of Cost & Works Accountants, ICWA Inter(Cost & Works Accountant), Chartered Financial Analyst Nationality: Indian Vacancy: 1 Vacancy

Job Description

  • Analyze cost structures and financial data to identify trends, variances, and areas for improvement, providing actionable insights to management.
  • Develop and maintain detailed cost models that reflect the organization’s operations, enabling precise forecasting and budgeting.
  • Collaborate with cross-functional teams to gather information and ensure accurate data collection for more informed decision-making.
  • Prepare comprehensive reports and presentations that communicate financial performance and cost analyses to stakeholders clearly and effectively.
  • Utilize advanced analytical tools and software to automate processes and enhance the accuracy of cost assessments.
  • Monitor and analyze project budgets throughout their lifecycle, ensuring adherence to financial constraints and strategic goals.
  • Support the development of pricing strategies by providing detailed cost breakdowns and market comparisons.
  • Identify cost-saving opportunities through process optimization and efficiency improvements, presenting recommendations to management.
  • Stay updated on industry trends and benchmarks to provide competitive insights that inform the organization’s financial strategies.

Desired Candidate Profile

  • Minimum of 3-5 years of relevant experience in cost analysis or financial planning within a corporate environment.
  • Familiarity with ERP systems and advanced proficiency in Excel for data analysis and reporting.
  • Experience in the Healthcare industry, providing a solid understanding of cost structures.
  • Exceptional analytical skills, with an ability to interpret complex financial data and provide strategic recommendations.
  • Excellent communication skills, both verbal and written, enabling effective collaboration with stakeholders.
  • Proactive problem-solving mindset, able to identify issues and implement solutions promptly.
  • Strong attention to detail and accuracy in financial reporting, minimizing errors and enhancing credibility.
  • Ability to work independently as well as part of a team, demonstrating flexibility and adaptability in a dynamic environment.
  • Professional certifications such as CMA (Cost Management Accountant) is highly desirable.
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