Costing manager
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Job Description
- *Costing Manager – Manufacturing**
- *Location:** Lonand MIDC, Satara, Maharashtra
- *Experience:** 5–10 Years
- *Qualification:** B.Com / M.Com / CMA / CA Inter / MBA Finance or equivalent
- *Industry:** Manufacturing
Job Summary
We are looking for an experienced **Costing Manager** to manage manufacturing costing, cost analysis, budgeting, inventory valuation, variance analysis and MIS reporting. The ideal candidate should have strong hands\-on experience in **Costing / Cost Management within a manufacturing environment** and be comfortable working closely with Production, Stores, Purchase, Quality, Maintenance and Finance teams.
Key Responsibilities
- Prepare and maintain **product costing, BOM costing and standard costing**.
- Analyze raw material, packing material, labour and manufacturing overhead costs.
- Monitor actual production costs and conduct **monthly cost variance analysis**.
- Calculate manufacturing cost per unit and identify cost\-saving opportunities.
- Monitor inventory valuation, stock movement, wastage, scrap and material consumption.
- Ensure accurate valuation of **Raw Material, WIP and Finished Goods**.
- Coordinate with Stores, Purchase and Production for inventory reconciliation and physical stock audits.
- Support annual **budgeting and forecasting** and analyze Budget vs. Actual performance.
- Prepare accurate and timely **monthly MIS and management reports**.
- Monitor machine utilization, production efficiency, labour productivity and conversion costs.
- Work with cross\-functional teams to improve operational efficiency and reduce manufacturing costs.
- Support month\-end/year\-end costing activities and internal/external audits.
- Identify and implement **cost optimization and process improvement initiatives**.
- Support ERP implementation, system migration and automation of costing processes.
Required Experience
- Relevant experience in **Costing / Cost Management within a manufacturing environment**.
- Strong knowledge of **Cost Analysis, Budgeting, Inventory Costing, Standard Costing and MIS Reporting**.
- Practical experience in **factory operations and manufacturing costing** will be preferred.
- Experience with ERP systems is required; ERP implementation/process improvement experience will be an advantage.
- Experience in team handling and cross\-functional coordination.
- Strong command of **MS Excel**, including Pivot Tables, Power Query, Power Pivot and advanced formulas.
Preferred Candidate Profile
- Strong analytical and problem\-solving ability.
- Good understanding of manufacturing processes and cost drivers.
- Strong attention to detail and data\-driven approach.
- Good communication and presentation skills.
- Ability to coordinate effectively with Production, Stores, Purchase, Quality, Maintenance and Finance.
- Candidates **willing to relocate near our factory location at Lonand MIDC, Satara, Maharashtra** will be preferred, as the role requires regular factory\-level coordination and operational support.
Key Performance Areas
- Product Cost Accuracy
- Manufacturing Cost Reduction
- Budget vs. Actual Cost Variance
- Inventory Accuracy
- Material Consumption Variance
- Labour \& Overhead Cost Control
- Timely MIS Reporting
- Cost\-Saving Initiatives
- Audit Compliance
- *Why This Role?**
Join a manufacturing environment where your expertise in **cost control, manufacturing costing and MIS** will directly contribute to profitability, operational efficiency and business growth.
- *Share Resume on \- 7030114040**
Pay: ₹30,000\.00 \- ₹80,000\.00 per month
Work Location: In person
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Job Overview
- Job type
- Full-time
- Work mode
- On-site
- Location
- Mumbai
- Posted
- 1d ago
- Source
- Indeed