Cost Accountant

Role Summary:
Paytm is seeking a meticulous and analytical Cost Accountant to join our dynamic finance team. The ideal candidate will be responsible for analyzing costs, developing cost-saving strategies, and ensuring accurate financial reporting related to our diverse financial services and operations. This role is crucial in supporting our growth and profitability objectives within the fast-paced BFSI startup environment.

Key Responsibilities:
- Develop and maintain cost accounting systems, policies, and procedures.
- Analyze manufacturing and service costs, including labor, material, and overhead.
- Prepare and analyze cost variances and identify root causes.
- Assist in the preparation of budgets and forecasts, providing cost insights.
- Conduct regular cost reviews and provide recommendations for cost reduction and efficiency improvements.
- Ensure the accuracy of inventory valuation and cost of goods sold.
- Collaborate with cross-functional teams to gather cost data and support decision-making.
- Prepare management reports on cost performance and trends.
- Stay updated on cost accounting best practices and relevant regulations in the BFSI sector.
- Support internal and external audits related to cost accounting.