Description:

Job Title: Manager - MIS, Budgeting & Costing

Department: Finance & Accounts

Location: Aurangabad

Reporting To: Head of Finance / CFO

Employment Type: Full-Time

Job Purpose:

To lead and manage the functions of Management Information Systems (MIS), Budgeting, and Costing in a manufacturing environment. The role ensures accurate financial reporting, cost control, and strategic planning support through data-driven insights and effective budget management.

Key Responsibilities:

MIS (Management Information System):

- Design, implement, and manage MIS frameworks for daily/weekly/monthly operational and financial reporting.

- Automate reports and dashboards using Excel/Power BI/ERP tools to support realtime decision-making.

- Collaborate with production, procurement, stores, sales, and HR departments to ensure accurate data inputs.

- Ensure timely dissemination of critical performance indicators to management.

- Validate data integrity across reports and systems for consistency and accuracy.

- Analyze trends and generate actionable insights for business improvement.

Budgeting & Forecasting:

- Coordinate and prepare annual budgets in collaboration with all departments.

- Track and monitor actual vs. budgeted performance on a monthly basis.

- Identify variances and analyze root causes; prepare monthly budget variance reports.

- Support rolling forecasts and scenario-based financial modeling.

- Provide financial inputs during strategic planning and business reviews.

- Manage cash flow planning and working capital forecasting.

Costing:

- Maintain and update standard costing structures for all products and processes.

- Conduct monthly cost variance analysis (standard vs actual).

- Monitor material consumption, process losses, and efficiency trends.

- Prepare cost sheets for new and existing products, including overhead allocations.

- Conduct cost audits and identify potential areas for cost reduction.

- Collaborate with production and procurement teams to drive cost optimization projects.

Key Skills & Competencies:

- In-depth knowledge of costing, budgeting, and MIS reporting in a manufacturing environment.

- Hands-on experience with ERP systems (SAP) and advanced Excel.

- Strong analytical and problem-solving skills.

- Proficiency in using BI tools like Power BI or Tableau is a plus.

- Excellent communication and coordination abilities across departments.

- Detail-oriented with strong organizational and time management skills.

Qualifications & Experience:

- CMA (ICWAI) with specialization in Costing & MIS.

- 3-5 years of relevant experience in a manufacturing industry.

- Proven track record in budgeting, cost control, and MIS reporting.

Performance Indicators:

- Timeliness and accuracy of MIS reports and dashboards.

- Budget adherence and variance tracking effectiveness.

- Efficiency in cost control and reduction measures.

- Quality of financial analysis and support provided to leadership.