ICICI Bank Recruitment 2023

We are currently seeking a Cost Accountant to join our prestigious team at ICICI Bank. As a Cost Accountant, you will play a vital role in ensuring accurate cost analysis and financial management to support the bank's operations. This is an excellent opportunity for individuals who possess strong analytical skills, attention to detail, and a passion for financial analysis.

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Responsibilities:

• Analyze and evaluate the bank's costs, expenses, and financial performance to identify areas for improvement and cost-saving opportunities.
• Prepare detailed cost reports and variance analysis, highlighting key findings and recommendations to management.
• Assist in the preparation of annual budgets and periodic forecasts by analyzing historical data, market trends, and business projections.
• Monitor budget utilization and track variances to ensure adherence to financial plans.
• Conduct financial assessments and feasibility studies for proposed projects and initiatives, considering cost implications, potential risks, and expected returns.
• Ensure compliance with accounting principles, internal policies, and regulatory requirements in all cost-related activities.

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Requirements:

• Solid understanding of cost accounting principles, financial analysis, and budgeting concepts.
• Proficiency in financial modeling and analysis using spreadsheet software (e.g., MS Excel, Google Sheets).
• Strong analytical and problem-solving skills, with the ability to interpret complex financial data and identify trends or patterns.
• Attention to detail and accuracy in performing cost calculations and analysis.
• Excellent communication and presentation skills to effectively convey financial information to stakeholders.
• Knowledge of banking operations and financial products is advantageous.