Graviti Pharmaceuticals - Manager - Cost Accounting & Control

Proposed Role: Manager - Cost Accounting and Control

Experience: 10-15 years in pharmaceutical manufacturing companies Only.

Location: Factory-based role - Patancheru.

Preference: Immediate Joiners

Key Responsibilities and Job Description

1. Development of Costing System

- Design and implement a comprehensive costing framework for pharmaceutical manufacturing operations including formulations and APIs

- Map cost flows across procurement, production, and packaging processes

- Establish a structured costing system aligned with operational realities

2. Manufacturing Cost Analysis

- Understand manufacturing processes and cost dynamics across production stages

- Analyze material consumption, yields, process losses, and batch efficiencies

- Conduct product and batch level cost analysis

3. Yield and Process Efficiency Monitoring

- Study production yields and wastages

- Track process efficiency and recovery ratios

- Identify opportunities for cost optimization

4. Cost Records and Documentation

- Maintain cost ledgers and statutory cost records

- Prepare cost sheets, cost statements, and cost reports

- Maintain documentation in accordance with Cost Accounting Standards (CAS)

5. Cost Audit Preparation

- Prepare records required for statutory cost audits

- Ensure readiness of cost documentation for audit and compliance

- Coordinate with cost auditors where required

6. Financial Planning & Analysis

- Provide cost inputs for budgeting and financial planning

- Product profitability analysis and margin evaluation

- Work with finance leadership to build cost intelligence for decision making

7. KPI Development

Develop and monitor key performance indicators such as:

- Cost per batch / cost per unit

- Yield efficiency

- Material utilization

- Production cost trends

- Process variance analysis

8. Variance and Responsibility Accounting

- Establish systems for material, labor, and overhead variance analysis

- Support implementation of responsibility accounting across production functions

Qualifications:

- Qualified Cost & Management Accountant (CMA)

- 10-15 years of experience in pharmaceutical manufacturing organizations

- Experience in manufacturing costing systems and cost sheets

- Working knowledge of Cost Accounting Standards (CAS) and cost audit requirements

- Exposure to FP&A, budgeting, and cost control frameworks

- Strong ability to translate operational data into financial insights