CEAT - Manager - Costing & Budgeting

Job Responsibilities

- Lead the development and implementation of robust costing methodologies, ensuring alignment with industry best practices and evolving accounting standards (IND-AS).

- Drive process improvement initiatives, leveraging techniques like QIP and Kaizen to enhance efficiency and accuracy within costing and budgeting functions.

- Conduct comprehensive cost analysis, including pre-costing activities, conversion cost analysis, and evaluation of capital expenditure proposals.

- Play a key role in the physical verification of assets and inventory, ensuring data integrity and compliance with internal audit requirements.

- Champion digitization efforts within the costing and budgeting domain, identifying and implementing technology solutions to streamline processes and enhance data visibility.

- Collaborate closely with cross-functional teams to gather relevant information, provide cost insights, and support decision-making processes.

- Foster a positive and collaborative team environment, contributing to a high happiness index within the Finance department.

- Stay abreast of industry trends and regulatory changes, proactively adapting costing practices to maintain compliance and drive continuous improvement.

Qualifications

- Bachelor's/Master's degree in Finance, Accounting, or a related field.

- Proven experience in a similar costing and budgeting role, ideally within a manufacturing environment.

- Strong understanding of costing principles, methodologies, and relevant accounting standards (IND-AS).

- Demonstrated experience in process improvement initiatives and leveraging analytical tools for cost optimization.

- Excellent communication, interpersonal, and collaboration skills, with the ability to work effectively across different levels of the organization.

- Proficient in using relevant software applications, including ERP systems and data analysis tools.

- A proactive and results-oriented individual with a strong commitment to accuracy, compliance, and continuous improvement.

Competencies

- Budgeting

- Analytical Mindset

- Driving Continuous Improvement

- Cost Management

- Working with Financial Information

- Critical Thinking

- Communicating Effectively

Desired Skills and Experience

- Costing, GST, "plant accounting"