Job Title: Product Cost Assistant Manager / Manager
Location: Faridabad, Haryana
Experience: 5–10 Years (Manufacturing / Costing preferred)
About the Role
We are looking for a skilled and detail\-oriented Product Cost Assistant Manager / Manager to lead accurate product costing, cost control, and profitability analysis for a leading capacitor manufacturing company. This is a critical role that works closely with Production, Purchase, R\&D, and Sales teams to build a strong costing system and support data\-driven business decisions.
\- Develop and maintain detailed Cost Sheets and Standard Costs for all MPP Capacitor product variants.
\- Prepare and update Bill of Materials (BOM) in coordination with Production \& R\&D teams.
\- Calculate Direct Material, Direct Labour, Machine Hour Rates (MHR), and Overhead Absorption Rates.
\- Perform monthly Variance Analysis (Material, Labour, Overhead) and provide root cause insights.
\- Conduct Product Profitability Analysis by SKU, customer, and channel.
\- Support pricing decisions, make\-or\-buy analysis, and product rationalization.
\- Handle inventory valuation (RM, WIP, FG) and prepare COGM \& COGS statements.
\- Manage costing module in ERP/SAP – including standard cost updates, BOM, and routing.
\- Prepare MIS reports, dashboards, and present findings to management.
\- Strong expertise in Standard Costing, Variance Analysis, Overhead Allocation \& Absorption.
\- Advanced knowledge of BOM Management, Product Costing, and Inventory Valuation.
\- Hands\-on experience with ERP / SAP Costing Module.
\- Expert level in MS Excel (Pivot Tables, VLOOKUP, Dashboards).
\- Experience in manufacturing / industrial environment is mandatory.
\- Knowledge of Cost Audit requirements and Indian Accounting Standards.
\- Power BI / Data Visualization is a plus.
Education: CA / ICWA / CMA / MBA\-Finance / M.Com with relevant experience.
\- 5–10 years of experience in Product Costing / Management Accounting in Manufacturing.
\- Prior experience in Electrical / Electronics / Capacitor / Engineering industry will be a strong advantage.
\- Excellent analytical skills with high attention to detail.
\- Ability to work cross\-functionally and drive process improvements.
Pay: ₹50,000\.00 \- ₹75,000\.00 per month
Work Location: In person
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