Senior Manager - Costing

Job Description :

Role & Responsibilities :

Costing & Financial Control :

- Lead standard costing framework and analyze variances to drive actionable business insights.

- Strengthen costing systems, processes, and internal controls for accuracy and governance.

- Monitor material variances, yield, and efficiency metrics and drive corrective actions.

- Ensure accurate inventory valuation and validate landed costs for effective procurement decisions.

Inventory & BOM Management :

- Oversee BOM validation and updates in collaboration with plant teams.

- Track inventory ageing, slow-moving stock, and drive corrective actions.

- Ensure robust stock reconciliation and alignment with financial records.

MIS, Budgeting & Analysis :

- Deliver accurate MIS up to contribution/EBITDA level for performance tracking.

- Lead budgeting, forecasting, and variance analysis processes.

- Drive contribution analysis and ensure reconciliation with financial statements.

Business Partnering :

- Work closely with cross-functional teams on pricing, NPD costing, and cost revisions.

- Provide actionable insights to improve margins and optimize cost structures.

Cost Optimization & Projects :

- Identify and execute cost-saving initiatives across procurement, production, and logistics.

- Track and evaluate cost reduction projects with measurable business impact.

Governance & Compliance :

- Support internal and statutory audits and ensure timely closure of audit observations.

- Strengthen controls and documentation across costing and inventory processes.

Systems & Automation :

- Drive automation of MIS and costing processes to improve efficiency and accuracy.

- Leverage SAP, BI tools, and analytics for enhanced decision-making.

Plant Interface :

- Engage with plant teams through regular visits to understand operations and validate cost drivers.

- Ensure strong linkage between shop-floor realities and financial reporting

Preferred candidate profile :

Qualification : CA / CMA (ICWA) preferred.

Experience : 10- 15 years in manufacturing setup

- Experience in costing, MIS, budgeting, and inventory management in manufacturing.

- Should have knowledge of Balance Sheet and P&L reading.

- Strong working knowledge of SAP (MM, FI, CO, COPA).

- Understanding of cost structures, plant operations, and production processes.

- Exposure to automation, BI tools, and process improvement initiatives.

- Management of overall MIS and ensure timeliness and accuracy of reports.

- Strong in Excel (XLOOKUP, SUMIFS, Pivot, Data Validation, etc.) and PPT.

- Ability to perform data analysis, trend identification, and business projections.

- Experience in budgeting, forecasting, and variance analysis

- Strong business partnering skills with ability to communicate effectively across functions.

- Analytical thinking with problem-solving approach.

- Ability to challenge numbers and drive discussions with business teams.

- Good team player with ability to work across departments

Role : Finance & Accounting - Other

Industry Type : Miscellaneous

Department : Finance & Accounting

Employment Type : Full Time, Permanent

Role Category : Finance & Accounting - Other

Education :

- PG: CA in Any Specialization, ICWA (CMA) in Any Specialization