COGS Manager

Role & responsibilities

Cost Accounting & Analysis:

• Maintain and analyze standard costs of production.
• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
• End to end period end closing including settlement of process order, Maintenance order, Distribution and Assessment and COPA.
• Develop and maintain accurate standard costing models.
• Analyze and report on COGS variances (material, labor, overhead).
• Partner with procurement and production teams to understand cost drivers and implement cost-saving initiatives.
• Monitor and improve cost allocation methodologies.

Financial Reporting

• Prepare monthly, quarterly, and annual COGS reports.
• Support month-end and year-end close processes related to inventory and cost accounting.
• Ensure compliance with internal controls and accounting policies.
• Lead the financial planning and analysis (FP&A) activities for the plant.
• Manage monthly, quarterly, and annual financial close processes related to inventory and manufacturing costs.
• Ensure compliance with internal controls, accounting standards, and corporate policies.
• Oversee inventory valuation, cycle counts, and reconciliation processes.

Budgeting & Forecasting:

• Assist in the preparation of plant budgets and forecasts.
• Provide financial analysis and insights to support cost reduction initiatives and operational improvements.
• Provide financial insights to support operational decisions and capital investments.

Preferred candidate profile

• Costing Background
• Worked in Manufacturing Unit
• SAP Experience (SAP COPA)

Company : Petronas Lubricants India Pvt. Ltd.

URL : www.pli-petronas.com

About Company :

PETRONAS Lubricants International (PLI) is the global lubricants manufacturing and marketing arm of PETRONAS, the national oil corporation of Malaysia. Established in 2008, PETRONAS Lubricants International manufactures and markets a full range of high-quality automotive and industrial lubricants products in over 100 markets globally. Headquartered in Kuala Lumpur, PLI has over 30 marketing offices in 28 countries, managed through regional offices in Kuala Lumpur, Beijing, Turin, Belo Horizonte, Chicago, and Durban. PETRONAS Lubricants International is the technical resource behind PETRONAS Technical Partnership to the MERCEDES AMG PETRONAS Formula One Team, and is responsible for the design, development, and delivery of the Fluid Technology Solutions- with customised lubricants, fuel, and transmission fluids to power the Silver Arrows. Currently ranked among the top 10, PLI is driving an aggressive business growth agenda to secure its position as a leading global lubricants company at the forefront of the industry