Senior Manager - Costing

We are seeking a qualified CMA with strong experience in manufacturing costing, SAP, and financial analysis to drive product costing, inventory valuation, profitability analysis, budgeting, and cost optimization across our manufacturing operations.

• *Key Responsibilities**

• Prepare and maintain product cost sheets and standard costs.
• Develop and maintain Bills of Materials (BOMs), routings, and costing master data in SAP.
• Monitor and analyse manufacturing costs, including material, labour, power, overheads, and production costs.
• Perform cost variance analysis (material, labour, overhead, production, and yield) and identify root causes with corrective actions.
• Ensure accurate valuation of Raw Materials, WIP/SFG, Finished Goods, Scrap, Stores \& Spares.
• Analyse product, customer, and channel profitability and provide inputs for pricing strategies.
• Support monthly, quarterly, and annual financial closing related to costing.
• Prepare manufacturing MIS, cost reports, profitability reports, cost forecasts, and trend analysis.
• Support Annual Operating Plan (AOP), manufacturing budgets, and Budget vs. Actual analysis.
• Drive cost reduction initiatives through process improvements, yield enhancement, energy efficiency, and waste reduction.
• Collaborate with Production, Purchase, Planning, R\&D, Stores, Commercial, and Finance teams to improve cost efficiency.
• Maintain costing data in SAP, troubleshoot costing/profitability issues, and coordinate with IT for system improvements and automation.

• *Desired Profile**

• Qualified CMA (ICMAI); CA/MBA (Finance) will be an added advantage.
• 8–15 years of experience in manufacturing costing.
• Hands\-on experience with SAP (CO/PP/MM) and strong knowledge of product costing, inventory valuation, and profitability analysis.
• Strong analytical, problem\-solving, and business partnering skills.
• Advanced Excel skills; Power BI knowledge is preferred.

• *Key Competencies**

• Product Costing
• SAP Costing
• BOM \& Routing
• Standard Costing
• Inventory Valuation
• Variance Analysis
• Budgeting \& Forecasting
• Profitability Analysis
• Manufacturing Finance
• Cost Optimization
• Cross\-functional Collaboration

Pay: ₹1,800,000\.00 \- ₹2,500,000\.00 per year

Benefits

• Provident Fund

Work Location: In person