Senior Manager - Costing - Manufacturing

Costing & Financial Control :
- Lead standard costing framework and analyze variances to drive actionable business insights.
- Strengthen costing systems, processes, and internal controls for accuracy and governance.
- Monitor material variances, yield, and efficiency metrics and drive corrective actions.
- Ensure accurate inventory valuation and validate landed costs for effective procurement decisions.
Inventory & BOM Management :
- Oversee BOM validation and updates in collaboration with plant teams.
- Track inventory ageing, slow-moving stock, and drive corrective actions.
- Ensure robust stock reconciliation and alignment with financial records.
MIS, Budgeting & Analysis :
- Deliver accurate MIS up to contribution/EBITDA level for performance tracking.
- Lead budgeting, forecasting, and variance analysis processes.
- Drive contribution analysis and ensure reconciliation with financial statements.
Business Partnering :
- Work closely with cross-functional teams on pricing, NPD costing, and cost revisions.

- Provide actionable insights to improve margins and optimize cost structures.
Cost Optimization & Projects :
- Identify and execute cost-saving initiatives across procurement, production, and logistics.
- Track and evaluate cost reduction projects with measurable business impact.
Governance & Compliance :
- Support internal and statutory audits and ensure timely closure of audit observations.
- Strengthen controls and documentation across costing and inventory processes.
Systems & Automation :

- Drive automation of MIS and costing processes to improve efficiency and accuracy.
- Leverage SAP, BI tools, and analytics for enhanced decision-making.
Plant Interface :

- Engage with plant teams through regular visits to understand operations and validate cost drivers.
- Ensure strong linkage between shop-floor realities and financial reporting.
Quantitative :

- Management of overall MIS and ensure timeliness and accuracy of reports.
- Strong in Excel (XLOOKUP, SUMIFS, Pivot, Data Validation, etc.) and PPT.
- Ability to perform data analysis, trend identification, and business projections.
- Experience in budgeting, forecasting, and variance analysis.
- Strong business partnering skills with ability to communicate effectively across functions.
- Analytical thinking with problem-solving approach.
- Ability to challenge numbers and drive discussions with business teams.
- Good team player with ability to work across departments.
Job knowledge :
- Experience in costing, MIS, budgeting, and inventory management in manufacturing.
- Should have knowledge of Balane Sheet and P&L reading.
- Strong working knowledge of SAP (MM, FI, CO, COPA).
- Understanding of cost structures, plant operations, and production processes.
- Exposure to automation, BI tools, and process improvement initiatives.
Qualification : CA / CMA (ICWA) preferred.
Experience : 10-15 years in manufacturing setup.