Description:

Location: Sector 135 Noida

Industry: FMCD

Experience Required: 15+ Years

Interested candidates must contact S Krishnan at 8309618146

Our client:

The organization is a well-established FMCD manufacturer with significant scale and a strong presence in the consumer products market. Its Noida operations serve as a key hub for manufacturing, supply chain coordination, and commercial functions, supporting a broad portfolio of high-demand products.

Position Overview:

We are seeking a highly experienced Cost Accountant to lead and expand the Costing function for a fast-growing FMCD organization. The ideal candidate has 15 years of hands-on experience and has previously set up or scaled a complete costing department in an organization with 1000+ crore annual turnover.

This is a strategic leadership role responsible for building robust costing systems, improving cost visibility, and driving profitability through strong cost controls and analytics.

Key Responsibilities:

Costing Leadership & Strategy:

- Establish and lead the entire Costing Department, including processes, systems, governance, and reporting frameworks.

- Develop cost accounting policies in alignment with FMCG manufacturing and multi-SKU environments.

- Provide strategic inputs to senior management on cost optimization, pricing decisions, and margin improvement.

Product Costing & Analysis:

- Oversee product costing, BOM reviews, SKU-wise profitability, and variance analysis across plants and product categories.

- Ensure accurate computation of standard costs, actual costs, and cost revisions based on raw material fluctuations.

- Lead cost audits, yield analysis, wastage control, and process efficiency studies.

Budgeting & Forecasting:

- Partner with finance, supply chain, and operations to develop cost budgets, standard cost rollouts, and rolling forecasts.

- Monitor deviations and provide actionable recommendations to control overheads and production costs.

Systems & Process Implementation:

- Implement or upgrade ERP-based costing modules (SAP/Oracle/other).

- Introduce automation and digital tools to strengthen cost tracking and real-time reporting.

- Establish internal controls across procurement, production, and inventory to ensure costing accuracy.

Team Management:

- Build and mentor a high-performing costing team.

- Provide leadership across plants and business units to strengthen the costing culture and operational discipline.

- Establish harmonized and close coordination within the finance and other functional teams.

Qualifications & Experience:

- Qualified Cost Accountant (CMA) is mandatory.

- 15+ years of costing experience in FMCG, consumer products, or large-scale manufacturing.

- Proven track record of setting up a costing department in an organization with 1,000 crore+ turnover.

- Strong understanding of FMCG manufacturing, multi-SKU environments, packaging materials, and supply chain cost drivers.

- Proficiency in ERP systems and costing modules.