Costing Manager

About Amor Management Consultants:

Seasons Greetings!! from Team Amor India only Talent Acquisition Firm dedicated to servicing the Talents from the Auto OEM and Tier -1 Domain.

With over 20+ years of experience,100+ Leadership/CxOs placements spread across Automotive, Energy and Manufacturing Domain partnering with the very best of Indian Conglomerates and Fortune 500 Companies PAN India.

Team Amor has a successful track record of complete completing 60+ Greenfield Projects & atleast 10+ Technology Centres/ R&D/Product Engineering Verticals partnering with Automotive leaders and global clients over the years for Ford, Renault Nissan, General Electric (GE), Asia Motor Works, Daimler Commercial Vehicles, Tata Motors, Suzuki Motors Gujarat, M&M, Magna Group, Faurecia, Valeo and Many more.

Position : Manager - Costing

Exp : 6+ years

Location : Bangalore.

Key Responsibilities

1. Costing Analysis & Reporting

   :
• Prepare and maintain accurate cost sheets for all products, including raw materials, labor, overheads, and other costs.
• Perform periodic analysis of costs for production, inventory, and overheads, and provide insights to improve cost efficiency.
• Develop and implement cost models and ensure that accurate data is used for cost calculations.

2. Inventory Management

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• Monitor and control raw material and finished goods inventory to ensure proper valuation.
• Work with the production team to identify any cost discrepancies between standard and actual costs.

3. Budgeting & Forecasting

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• Assist in preparing annual and monthly budgets related to manufacturing costs.
• Work closely with other departments (e.g., production, procurement) to ensure cost targets are met and forecast variances are understood.

4. Product Pricing

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• Assist in setting product pricing based on accurate costing and market analysis.
• Evaluate and suggest cost optimization strategies to maintain competitive pricing.

5. Cost Control

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• Identify and analyze areas where costs can be minimized without compromising quality.
• Provide management with recommendations for cost-saving initiatives, ensuring alignment with business goals.

6. Internal Controls & Compliance

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• Ensure compliance with financial and cost accounting standards.
• Implement and maintain effective internal controls for cost-related processes.
• Liaise with auditors to ensure transparency and proper accounting practices.

7. Data Analysis & Reporting

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• Generate detailed cost reports for senior management, highlighting key trends, variances, and areas of concern.
• Provide management with actionable insights based on cost data, supporting strategic decision-making.

hr37@amormc.com