Assistant Manager-Costing Zen Technologies Limited

7.0 - 11.0 years

0 Lacs

hyderabad, telangana

On-site

As a Cost Accountant at our organization, you will play a crucial role in managing end-to-end cost accounting for our product lines. Your responsibilities will include identifying cost improvement opportunities, supporting bid pricing, and driving analytical insights to enhance our financial and operational performance. You will collaborate closely with cross-functional teams such as production, engineering, and sales to achieve our cost-related objectives. Your key responsibilities will involve leading detailed product and project-level costing, encompassing both direct and indirect cost elements. You will conduct margin analysis across products and contracts, identifying cost levers for improvement. Additionally, you will be responsible for reconciling budgeted versus actual costs and driving root-cause variance analysis. In terms of operational efficiency and constraint analysis, you will work with operations teams to assess production bottlenecks and resource constraints that impact cost or output. Your recommendations for process or sourcing changes will aim to reduce idle time and enhance throughput. Supporting sales during bid evaluations will also be a crucial aspect of your role. You will ensure that pricing aligns with the cost structure and target margins, running sensitivity analysis for large deals and product customizations. Furthermore, you will lead the preparation of cost and margin dashboards and assist in budget planning. Your contribution to performance forecasting using cost and efficiency metrics will be essential for informed decision-making. Maintaining accurate inventory and work-in-progress (WIP) valuation in line with internal policies and cost standards will also be part of your responsibilities. Key Performance Indicators (KPIs) for your role will include the accuracy of product costing and margin projections, reduction in cost variances and operational inefficiencies, improvement in win rates for price-sensitive bids, enhancement in cost-to-output ratios, and timely delivery of reports to internal stakeholders. To be successful in this role, you must have at least 6-9 years of experience in cost accounting within manufacturing or engineering-heavy industries. Exposure to project-based or contract manufacturing costing is preferable. A strong command of standard costing, inventory accounting, and variance analysis is required, along with familiarity with ERP systems. Understanding Theory of Constraints (TOC) or throughput thinking, as well as hands-on experience supporting pricing or bid processes, will be advantageous. Strong analytical and cross-functional communication skills are essential for effective performance. Qualifications for this role include CMA or equivalent certification (CA Inter with costing specialization is also acceptable). Additional coursework or certification in operations finance is preferred. This position is based at B-42, Industrial Estate, Sanath Nagar, Hyderabad, Telangana, India - 500018.,

Posted 3 days ago

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