Cost Control Analyst
- BDO India
- 4 - 7 years
- Mumbai
- 2 months ago
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Job Description
About the company:
BDO is a global network of professional services firms with a presence in over 166 countries, revenue of over USD 14 billion, and experience of over 60 years. It's a leading service provider for the mid-markets with client service at its heart. BDO India LLP (or 'BDO India') is the India member firm of BDO International. BDO India offers strategic, operational, accounting and tax, and regulatory advisory & assistance for both domestic and international organizations across a range of industries. BDO India is led by more than 300+ Partners & Directors with a team of over 9,000+ professionals operating across 12 key cities. We expect to grow sizably in the coming 3-5 years, adding various dimensions to our business and multiplying and increasing the current team size multi-fold.
About the role:
We are seeking a detail-oriented and analytical professional to join our team as an Expense Management & Cost Control Analyst. In this role, you will play a key part in driving financial discipline across the organization by enforcing spend policies, analyzing cost trends, detecting anomalies, and identifying strategic savings opportunities. You will collaborate with cross-functional teams to ensure budget compliance, support vendor optimization, and provide insightful reporting to stakeholders. This position is ideal for someone with a strong finance background, sharp analytical skills, and a proactive approach to cost efficiency and operational improvement.
Roles & Responsibilities:
Expense Prevention & Control
- Enforce spend policies and ensure budget compliance.
- Monitor vendor contracts and get pre-approval of expenses to prevent overspending.
Trend Analysis
- Analyze historical data to identify cost trends and drivers.
- Forecast future expenses and benchmark against industry standards.
Detect Non-Standard Behavior
- Identify outliers, duplicates, or policy violations.
- Flag suspicious or inconsistent spending patterns.
Strategic Savings Solutions
- Find cost-saving opportunities and reduce inefficiencies.
- Support vendor consolidation, contract renegotiation, and automation.
Reporting & Communication
- Provide dashboards and insights to stakeholders.
- Track savings initiatives and support compliance audits
Qualifications:
- Bachelors degree in Finance, Accounting, Business Administration, Economics, or a related field.
- 35 years of experience in financial planning, procurement, expense management, or a related role.
- Hands-on experience with spend analysis, cost optimization, and vendor management.
- Proven track record of driving cost reduction and improving financial controls.
- Strong analytical skills with the ability to interpret financial data, identify trends, and develop actionable insights.
- Knowledge of internal controls, audit practices, and financial compliance standards.
- Knowledge of internal controls, audit practices, and financial compliance standards.
- High integrity and commitment to confidentiality.
Job Classification
Industry: Accounting / AuditingFunctional Area / Department: Finance & AccountingRole Category: FinanceRole: Financial AnalystEmployement Type: Full timeContact Details:
Company: BDO IndiaLocation(s): Mumbai
Keyskills: Budgetary Control Budget Analysis Cost Optimization Cost Control Cost Planning Strategic Financial Planning Cost Analysis Expense Analysis Cost Management Budget Management Budget Control Expense Control Cost Control Management Expense Management
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BDO India
BDO is a global professional services organisation and a leader in the mid-tier market, with a presence in over 166 countries and territories and a workforce of more than 119,611 people across 1800 offices. As part of this global network, BDO India offers a broad range of services, including Tax, ...
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