Zen Technologies - Assistant Manager - Costing

In this critical role, you will manage end-to-end cost accounting for product lines, identify cost improvement opportunities, support bid pricing, and drive analytical insights to enhance financial and operational performance. You will work closely with cross-functional teams including production, engineering, and sales.

- Lead detailed product and project-level costing, including direct and indirect cost elements.

- Perform margin analysis across products and contracts, identifying cost levers for improvement.

- Reconcile budgeted vs actual costs and drive root-cause variance analysis.

- Collaborate with operations teams to assess production bottlenecks and resource constraints impacting cost or output.

- Recommend process or sourcing changes to reduce idle time and improve throughput.

- Support sales during bid evaluations, ensuring pricing is aligned with cost structure and target margins.

- Run sensitivity analysis for large deals and product customizations.

- Lead preparation of cost and margin dashboards and support budget planning.

- Contribute to performance forecasting using cost and efficiency metrics.

- Ensure accurate inventory and WIP valuation in line with internal policies and cost standards.

- Accuracy of product costing and margin projections

- Reduction in cost variances and operational inefficiencies

- Win-rate improvement in price-sensitive bids

- Improvement in cost-to-output ratios

- Timely delivery of reports to internal stakeholders

- 69 years of experience in cost accounting in manufacturing or engineering-heavy industries

- Exposure to project-based or contract manufacturing costing preferable

- Strong command of standard costing, inventory accounting and variance analysis

- Familiarity with ERP systems

- Understanding of Theory of Constraints (TOC) or throughput thinking

- Hands-on experience supporting pricing or bid processes

- Strong analytical and cross-functional communication skills

- CMA or equivalent

- Additional coursework or certification in operations finance (preferred) B-42, Industrial Estate, Sanath Nagar, Hyderabad, Telangana, India 500018