Manager - Costing

Manager Costing

Key Responsibilities:

Cost Analysis & Reporting:

• Develop and maintain

  costing models

  to analyze product, service, and operational costs.
• Prepare

  cost reports, profitability analysis, and cost variance reports

  for management review.
• Ensure accurate cost allocation and expense tracking for

  materials, labor, and overhead costs

  .

Standard Costing & Variance Analysis:

• Implement

  standard costing systems

  and update cost standards periodically.
• Conduct

  variance analysis (actual vs. standard costs)

  to identify cost deviations.
• Investigate and recommend corrective actions for cost overruns and inefficiencies.

Budgeting & Forecasting:

• Assist in

  cost planning, budgeting, and financial forecasting

  .
• Provide cost estimates and insights to support financial decision-making.
• Monitor cost performance against budgets and implement cost control measures.

Cost Optimization & Process Improvement:

• Identify opportunities for

  cost reduction and operational efficiency improvements

  .
• Work with production and procurement teams to optimize

  raw material usage, wastage control, and resource allocation

  .
• Implement

  best practices in cost management and automation

  for enhanced accuracy.

Required Skills & Qualifications:

• Bachelors/Masters degree in Finance, Cost Accounting, or a related field

  .

• Professional qualification (CMA, ICWA, CA, CPA) preferred

  .

• 6+ years of experience

  in cost accounting, financial planning, or cost management.
• Strong expertise in

  standard costing, variance analysis, and cost control strategies

  .
• Proficiency in

  ERP systems (SAP, Oracle, Tally) and financial reporting tools (Power BI, Excel, etc.)

  .
• Strong analytical, problem-solving, and communication skills.
• Experience collaborating with

  finance, production, procurement, and supply chain teams

  .