Cost Manager

As a Costing Manager in the Product Development department located in Pilerne, Goa, your role will involve leading costing and estimation activities for both standard and custom-designed products/projects. Your responsibilities will include: - Conducting detailed analysis of product and project costs, including material breakdowns for panel-based and solid wood-based furniture. - Reviewing client designs, blueprints, technical documents, and project plans to develop accurate cost models, BOQs, and forecasts for new and existing products/projects. - Preparing and reviewing Bill of Quantities (BOQ) and Bill of Materials (BOM) based on designs, drawings, or photos. - Calculating and allocating overhead costs using standard methods, ensuring accuracy across products and services. - Identifying potential cost-overrun factors and proposing actionable cost-saving solutions. - Estimating the average cost of materials including solid woods, veneers, laminates, paints, polishes, marbles, metals, and other furniture components. - Researching and analyzing material usage, workability, and limitations for production feasibility. - Conducting market research to stay updated on material innovations, pricing trends, and substitutes. - Collaborating with design and production teams to ensure cost alignment with client requirements. You will also be responsible for: - Working closely with the Production department to stay updated on manufacturing processes, resource consumption, and cost structures. - Coordinating across departments to streamline execution and ensure smooth workflows. - Maintaining accurate and up-to-date BOMs for all products, ensuring timely updates for design/material changes. - Validating material lists provided by the team to prevent shortages or excess procurement. - Providing procurement teams with precise material requirements for timely purchasing. - Ensuring all team-prepared costings are reviewed and verified for accuracy. - Maintaining detailed records of estimated vs. actual costs for forecasting and historical analysis. To excel in this role, you should possess: - Strong knowledge of furniture materials such as solid woods, panels, veneers, laminates, paints, polishes, marbles, and metals. - Ability to interpret drawings, blueprints, and images for material and cost estimation. - Proficiency in preparing BOQs, BOMs, and cost models. - Strong analytical, research, and cost benchmarking skills. - Excellent attention to detail and numerical accuracy. - Knowledge of furniture manufacturing processes and cost structures. Qualifications required: - Bachelor's degree in Business, Marketing, or a related field (MBA preferred). - Minimum of 6+ years of experience in furniture costing. Desired Skills and Competencies: - Excellent communication and interpersonal skills. - Ability to work collaboratively across departments and levels. - Analytical mindset with proficiency in data analysis tools. - Strategic thinker with a results-oriented mindset. - Proficiency in Microsoft Excel and financial modeling. - Results-driven with a track record of achieving revenue and profitability targets. - Excellent project management skills and the ability to multitask effectively. - Strong leadership and interpersonal skills.,