Costing Manager

Job Title: Costing Assistant Manager/ DM /Manager /Sr.Manager

Location: Ahmedabad, Gujarat

Reports To: Costing Head

Department: Costing & MIS

Working Days- Mon- Sat (2nd & 4th Sat off)

Job Summary:

A Costing Manager analyses costs, develops cost systems, and provides financial data for strategic decisions.

Key responsibilities include preparing cost reports, analyzing variances, assisting with budgeting and forecasting, and ensuring compliance.

This role requires strong analytical skills, a professional accounting qualification like a CMA or a bachelor's degree, and experience in costing and financial analysis.

Responsibilities

• Cost analysis and reporting: Analyse operational and product costs, perform variance analysis, and prepare detailed reports for management.

• System development: Develop, maintain, and improve cost accounting systems, policies, and procedures for accuracy and efficiency.

• Budgeting and forecasting: Assist in the preparation of annual budgets and long-term financial plans, providing cost inputs and analysis.

• Cost-saving initiatives: Collaborate with cross-functional teams to identify cost drivers, analyse cost-saving opportunities, and recommend corrective actions.

• Pricing and profitability: Evaluate and optimise product pricing strategies and conduct cost-benefit analyses for new initiatives.

• Compliance and audit: Ensure compliance with financial regulations and internal policies, and support internal and external audits.

Qualifications

• Education: Bachelor's degree in finance, accounting, or a related field; a professional certification like CMA (Certified Management Accountant) is often preferred.

• Experience: Proven experience in costing, financial analysis, or a related finance role.

• Skills: Strong analytical, problem-solving, and attention to detail.

• Technical: Proficiency in financial software and tools, such as advanced Excel skills and experience with financial management systems like SAP/ERP.

• Other: Excellent communication skills for presenting findings and collaborating with other departments